Merrill Lynch Alternative Investments LLC is a mid-sized advisory firm based in New York. It manages $93.26 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Delaware, Massachusetts, New York, and North Carolina.
Merrill Lynch Alternative Investments 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.
The assets under management (AUM) of Merrill Lynch Alternative Investments LLC is $93.26 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Merrill Lynch Alternative Investments LLC for their services and products based on a percentage of assets under management. 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.
The only and largest group of clients of Merrill Lynch Alternative Investments is pooled investment vehicles with 6 clients and $93.26 million of assets under management. Among the 5 most similar advisory firms, Merrill Lynch Alternative Investments has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $93.26 million for 6 clients. None of the firm’s clients are foreign persons or businesses.
Merrill Lynch Alternative Investments also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.
The company employs 188 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. 120 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.
John Vincent Leale joined the executive team most recently as the Manager.
The principal office where Merrill Lynch Alternative Investments LLC performs its advisory services is located at 60 East 42 Nd Street, 26 Th Floor, New York, NY 10165, 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 212 994 7402. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.