Sgim Inc. (New York)


Sgim Inc. is an internet adviser based in New York. It manages $10.26 million of regulatory assets for 121 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

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

Sgim: assets under management

The assets under management (AUM) of Sgim Inc. is $10.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 105% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $84.81 thousand each.
Sgim has custody of $4.43 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sgim Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sgim serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Sgim is pooled investment vehicles with 1 clients and $4.43 million of assets under management. Among the 1 most similar advisory firms, Sgim has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.26 million for 126 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Sgim also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Sgim Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mitchell Lloyd Wonboy President, secretary, and chief compliance officer 1 Oct 2017 50% - 75% 2796295
Adam Forbes Chief investment officer and treasurer 1 Oct 2017 50% - 75% 6544284

Based in New York

The principal office where Sgim Inc. performs its advisory services is located at 42 Broadway, New York, NY 10004, 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 855-951-1800. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at sgim.com/.