Kailai Advisers Ltd. (Sherman Oaks)

Name: Kailai Advisers Ltd.
Address: 15260 Ventura Blvd Ste 1550, Sherman Oaks, CA, 91403 5335
Telephone: 310-432-0100

Kailai Advisers Ltd. is a large advisory firm based in Sherman Oaks. It manages $256.71 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

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

Kailai Advisers: assets under management

The assets under management (AUM) of Kailai Advisers Ltd. is $256.71 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -70% since the beginning of its operation, and $140.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $256.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.75 million each.

Kailai Advisers has custody of $197.53 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kailai Advisers Ltd. for their services and products based on a percentage of assets under management, fixed fees, 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 Kailai Advisers serves?

The only and largest group of clients of Kailai Advisers is pooled investment vehicles with 13 clients and $256.71 million of assets under management. Among the 12 most similar advisory firms, Kailai Advisers has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $256.71 million for 13 clients. 31% of the firm’s clients are foreign persons or businesses.

Kailai Advisers also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $2,500,000 to $10,000,000.

Careers at Kailai Advisers Ltd.

The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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
Stephen Paul Rader	Managing member of rader reinfrank & co., llc	1 Sep 1997	25% - 50%	6029443
Ralph Rudolph Reinfrank	Managing member of rader reinfrank & co., llc	1 Sep 1997	25% - 50%	858086
Joshua Lee Gutfreund	Managing member of rader reinfrank & co., llc	1 Sep 1997	Other	6029444
William Jack Kessler	Cfo of rader reinfrank & co., llc	1 Aug 1998	Other	6029416
Llc Clarity Management	General partner of clarity management, lp	1 Jul 2001	Other	95-4783622
David Li Lee	Limited partner of clarity management, lp	1 Jul 2001	Other	2153453
Barry Alan Porter	Limited partner of clarity management, lp	1 Jul 2001	Other	1832863
Stephen Paul Rader	Limited partner of clarity management, lp	1 Jul 2001	Other	6029443
William Jack Kessler	Limited partner/cfo of clarity management, lp	1 Jul 2001	Other	6029416
Llc Clarity China Holdings	Shareholder of linvest energy holdings ltd.	1 Aug 2006	50% - 75%	20-2718277
Xiao Hua Liu	Director of linvest energy holdings ltd.	1 Aug 2006	25% - 50%	6029412
David Li Lee	Director of linvest energy holdings ltd.	1 Aug 2006	Other	2153453
Gary Lee Wilson	Director of linvest energy holdings ltd.	1 Aug 2006	Other	5851003
Barry Alan Porter	Director of linvest energy holdings ltd.	1 Aug 2006	Other	1832863
William Jack Kessler	Cfo of linvest energy holdings ltd.	1 Aug 2006	Other	6029416
Llc Clarity China Holdings	Shareholder of kailai advisers ltd.	1 Feb 2007	50% - 75%	20-2718277
Xiao Hua Liu	Director of kailai advisers ltd.	1 Feb 2007	25% - 50%	6029412
David Li Lee	Director of kailai advisers ltd.	1 Feb 2007	Other	2153453
Gary Lee Wilson	Director of kailai advisers ltd.	1 Feb 2007	Other	5851003
Barry Alan Porter	Director of kailai advisers ltd.	1 Feb 2007	Other	1832863
William Jack Kessler	Cfo/cco of kailai advisers ltd.	1 Feb 2007	Other	6029416
Lp Clarity China Genpar	Shareholder of kailai management ltd.	1 Mar 2007	75% - 100%	26-0197752
Xiao Hua Liu	Director of kailai management ltd.	1 Mar 2007	Other	6029412
David Li Lee	Director of kailai management ltd.	1 Mar 2007	Other	2153453
Gary Lee Wilson	Director of kailai management ltd.	1 Mar 2007	Other	5851003
Barry Alan Porter	Director of kailai management ltd.	1 Mar 2007	Other	1832863
William Jack Kessler	Cfo of kailai management ltd.	1 Mar 2007	Other	6029416
Clinton William Walker	Limited partner of clarity management, lp	1 Jan 2008	Other	6029458
Joshua Lee Gutfreund	Limited partner of clarity management, lp	1 Jan 2008	Other	6029444
David Li Lee	Managing member of clarity partners i, llc	1 Sep 2011	Other	2153453
Barry Alan Porter	Managing member of clarity partners i, llc	1 Sep 2011	Other	1832863
Stephen Paul Rader	Managing member of clarity partners i, llc	1 Sep 2011	Other	6029443
Clinton William Walker	Managing member of clarity partners i, llc	1 Sep 2011	Other	6029458
Joshua Lee Gutfreund	Managing member of clarity partners i, llc	1 Sep 2011	Other	6029444
William Jack Kessler	Managing member/cfo of clarity partners i, llc	1 Sep 2011	Other	6029416

Indirect Owners

The SEC currently registers 24 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Paul Rader	Trustee	1 Sep 1994	Other	6029443
Anne Wilson Rader	Trustee	1 Sep 1994	50% - 75%	6932315
Ralph Rudolph Reinfrank	Trustee	1 Jun 1995	75% - 100%	858086
Clinton William Walker	Trustee	1 Jan 1999	Other	6029458
Barry Alan Porter	Trustee	1 Sep 1999	50% - 75%	1832863
Lea Lisbon Porter	Trustee	1 Sep 1999	50% - 75%	6029491
David Li Lee	Trustee	1 Jan 2000	50% - 75%	2153453
Ellen Wang Lee	Trustee	1 Jan 2000	50% - 75%	6029490
Joshua Lee Gutfreund	Trustee	1 Jun 2002	Other	6029444
Alegre Trust Dated 1/21/00	Managing member	1 Jan 2006	Other	xxx-xx-xxxx
Dtd 09/10/99 The Nautilus Trust	Managing member	1 Jan 2006	Other	xxx-xx-xxxx
Rader Living Trust Dtd 9/1/94	Managing member	1 Jan 2006	Other	xxx-xx-xxxx
Walker Living Trust	Managing member	1 Jan 2006	Other	xxx-xx-xxxx
Gutfreund Trust Dtd 6/17/02	Managing member	1 Jan 2006	Other	xxx-xx-xxxx
Reinfrank Living Trust Dtd 6/13/95	Member	1 Jan 2006	Other	xxx-xx-xxxx
David Li Lee	Managing member	1 Sep 2006	Other	2153453
Barry Alan Porter	Managing member	1 Sep 2006	Other	1832863
Stephen Paul Rader	Managing member	1 Sep 2006	Other	6029443
Clinton William Walker	Managing member	1 Sep 2006	Other	6029458
Joshua Lee Gutfreund	Managing member	1 Sep 2006	Other	6029444
William Jack Kessler	Managing member	1 Sep 2006	Other	6029416
Kailai Advisers Ltd.	General partner	1 Feb 2007	Other	26-0197626
Alegre Trust Dated 1/21/00	Limited partner	1 Feb 2007	25% - 50%	xxx-xx-xxxx
Dtd 09/10/99 The Nautilus Trust	Limited partner	1 Feb 2007	25% - 50%	xxx-xx-xxxx

Based in Sherman Oaks

The principal office where Kailai Advisers Ltd. performs its advisory services is located at 15260 Ventura Blvd Ste 1550, Sherman Oaks, CA 91403 5335, 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 310-432-0100 or by fax 310-432-5000. The normal business hours are 7:00 a.m-3:00 p.m. on Monday - Friday. You can find more information about the New York firm at claritypartners.net.