Vega Capital Group LLC (Brisbane)


Vega Capital Group LLC is a large advisory firm based in Brisbane. It manages $119.63 million of regulatory assets for 140 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

Vega Capital Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vega Capital Group: assets under management

The assets under management (AUM) of Vega Capital Group LLC is $119.63 million. The firm's AUM has grown by 308% since the beginning of its operation, and $49.24 million of the total AUM is attributable to clients outside of the United States.

The firm manages $109.2 million in discretionary accounts and $10.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $846.53 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $947.92 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vega Capital Group LLC 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 Vega Capital Group serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Vega Capital Group is high net worth individuals with 30 clients and $78.58 million of assets under management. Among the 10 most similar advisory firms, Vega Capital Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $119.63 million for 56 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 29% of the firm’s clients are foreign persons or businesses.

Vega Capital Group doesn't advise any private funds.

Careers at Vega Capital Group LLC

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
Leonid Pinski Managing director/chief compliance officer 1 Jun 2001 25% - 50% 4213723
Youriy Drozd Member 1 Jun 2001 25% - 50% 4842831
Vladimir Naroditsky Managing director 1 Oct 2002 25% - 50% 2941796

Based in Brisbane

The principal office where Vega Capital Group LLC performs its advisory services is located at 1000 Marina Blvd, Brisbane, CA 94005, 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 415-318-8740 or by fax 415-318-8745. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at vegacapital.com.