Asana Partners, LP (Charlotte)

Name: Asana Partners, LP
Address: 1616 Camden Road, Charlotte, NC, 28203
Telephone: 704-423-1660

Asana Partners, LP is a large advisory firm based in Charlotte. It manages $2.53 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York, North Carolina, and South Carolina.

Asana Partners 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.

Asana Partners: assets under management

The assets under management (AUM) of Asana Partners, LP is $2.53 billion. The firm's AUM has grown by 801% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.38 billion in discretionary accounts and $150.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $793.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $150.33 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asana Partners, LP 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 Asana Partners serves?

The only and largest group of clients of Asana Partners is pooled investment vehicles with 4 clients and $2.53 billion of assets under management. Among the 11 most similar advisory firms, Asana Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.53 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Asana Partners also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Asana Partners, LP

The company employs 45 people that are either part- or full-time employees. 51 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.

Samuel Emlen Judd has served as the Chief Investment Officer since 1 Sep 2016. Micah John Holton joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Terry Steven Brown	Chairman & chief executive officer	1 May 2015	25% - 50%	4335082
Jason Keith Tompkins	Chief compliance officer, president & chief operating officer	1 May 2015	25% - 50%	4351655
Samuel Emlen Judd	Chief investment officer, managing partner	1 May 2016	Other	3159555
Llc Asana Partners Gp	General partner	1 May 2016	Other	80-2593360
Gp Llc Asana Partners	General partner	1 May 2016	Other	80-2593360
Samuel Emlen Judd	Chief investment officer	1 Sep 2016	Other	3159555
Myles Blechner	Chief compliance officer	1 Nov 2016	Other	2709013
Myles Reid Blechner	Chief compliance officer	1 Nov 2016	Other	2709013
Micah John Holton	Chief financial officer	1 Mar 2017	Other	6775599

Based in Charlotte

The principal office where Asana Partners, LP performs its advisory services is located at 1616 Camden Road, Charlotte, NC 28203, which is also the mailing address of the firm. An additional office of the firm is in Columbia, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-423-1660. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at asanapartners.com.