Insight North America LLC (New York)

Name: Insight North America LLC
Address: 200 Park Avenue, 7 Th Floor, New York, NY, 10166 0005
Telephone: 212-527-1800

Insight North America LLC is a large advisory firm based in New York. It manages $35.73 billion of regulatory assets for 136 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Colorado and New York.

Insight North America provides portfolio management for investment companies, 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.

Insight North America: assets under management

The assets under management (AUM) of Insight North America LLC is $35.73 billion. The firm's AUM has grown by 531% since the beginning of its operation, and $12.1 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $32.28 billion in discretionary accounts and $3.45 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $332.82 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $88.37 million.

Investments

The firm invests in government bonds the most. They account for 34% of the total AUM. The second-largest asset type is derivatives, which make up 8% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Insight North America LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

What kind of clients Insight North America serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, banking or thrift institutions, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Insight North America is pooled investment vehicles with 21 clients and $10.19 billion of assets under management. Among the 8 most similar advisory firms, Insight North America has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $35.73 billion for 136 clients. 15% of the firm’s clients are foreign persons or businesses.

Insight North America also advises several private funds. Namely, four other private funds and eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.

Careers at Insight North America LLC

The company employs 110 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Mark Richard Stancombe joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mellon Global Investment Corporation	Managing member	1 Sep 2004	75% - 100%	25-1694680
Mitchell Evan Harris	Manager	1 Sep 2004	Other	4359464
Robin Jayne Shulman	Chief compliance officer	1 Jul 2015	Other	2719030
Clifford Dean Corso	Manager	1 Mar 2016	Other	2477519
James Christian D'sidocky	General counsel	1 Apr 2016	Other	5702071
Philip Alexander Anker	Manager	1 Apr 2016	Other	2996950
Clifford Dean Corso	Chief executive officer	1 Jun 2017	Other	2477519
Gregory Allan Brisk	Manager	1 Nov 2017	Other	5859270
Abdallah Habib Nauphal	Manager	1 Nov 2017	Other	6155611
Jonathan Eliot	Manager	1 Nov 2017	Other	6880760
Danielle Maria Pagano	Manager	1 Nov 2017	Other	2335850
Jonathan Edward Francis Eliot	Manager	1 Nov 2017	Other	6880760
Seth Gelman	Chief compliance officer	1 Dec 2017	Other	4276435
Seth Adam Gelman	Chief compliance officer	1 Dec 2017	Other	4276435
Clifford Dean Corso	Executive chairman	1 Oct 2018	Other	2477519
Mark Richard Stancombe	Chief executive officer	1 Oct 2018	Other	7040428

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mbc Investments Corporation	Shareholder	1 Aug 1992	75% - 100%	51-0301132
The Bank Of New York Mellon Corporation	Shareholder	1 Jul 2007	75% - 100%	13-2614959

Based in New York

The principal office where Insight North America LLC performs its advisory services is located at 200 Park Avenue, 7 Th Floor, New York, NY 10166 0005, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-527-1800. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at bnymellon.com.