Gsrea, LLC (New York)


Gsrea, LLC is a large advisory firm based in New York. It manages $1.19 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Gsrea provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and management of cdos. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gsrea: assets under management

The assets under management (AUM) of Gsrea, LLC is $1.19 billion. The company doesn't manage any assets belonging to foreign clients.

The firm manages $418 million in discretionary accounts and $770 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $192.5 million.
Gsrea has custody of $418 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gsrea, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Es Capital Management Member 1 Sep 2011 75% - 100% 80-0609081
Edward L. Shugrue Iii Member 1 Sep 2011 75% - 100% 5727620

Based in New York

The principal office where Gsrea, LLC performs its advisory services is located at 430 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 209-1388 or by fax (212) 209-1378. The normal business hours are 9:00am-5:30pm on Monday - Friday. You can find more information about the New York firm at www.talmagellc.com.