Alternative Investment Group Services, L.P. (Southport)

Name: Alternative Investment Group Services, L.P.
Address: 2960 Post Road, Southport, CT, 06890
Telephone: 203-256-9326

Alternative Investment Group Services, L.P. is a large advisory firm based in Southport. It manages $886.7 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Connecticut.

Alternative Investment Group Services provides portfolio management for pooled investment vehicles 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.

Alternative Investment Group Services: assets under management

The assets under management (AUM) of Alternative Investment Group Services, L.P. is $886.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and $261.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $886.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.89 million each.

Alternative Investment Group Services has custody of $886.7 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alternative Investment Group Services, L.P. 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 Alternative Investment Group Services serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Alternative Investment Group Services is pooled investment vehicles with 12 clients and $886.7 million of assets under management. Among the 10 most similar advisory firms, Alternative Investment Group Services has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $886.7 million for 13 clients. 50% of the firm’s clients are foreign persons or businesses.

Alternative Investment Group Services also advises several private funds. Namely, seven hedge funds and one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Alternative Investment Group Services, L.P.

The company employs 22 people that are either part- or full-time employees. 55 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
L.L.C. Storrs Greenfield Partners	General partner	1 Nov 1996	Other	06-1460663
David Kingsbury Storrs	Limited partner	1 Nov 1996	Other	1795584
Greenfield Family Limited Partnership	Limited partner	1 Nov 1996	25% - 50%	06-6433979
Storrs Family Grat Trust	Limited partner	1 Oct 1999	Other	13-7462244
David K. Storrs 1999 Grat	Limited partner	1 Oct 1999	25% - 50%	06-6505589
Ellen Kanner	Limited partner / chief compliance officer	1 May 2002	Other	4775107
Maria Luisa C Tapia	Limited partner	1 May 2002	Other	1088497
Ellen Gabrielle Kanner	Limited partner / chief compliance officer	1 May 2002	Other	4775107
Marita Anne Wein	Limited partner	1 Feb 2003	Other	1308639
Richard Cheung	Limited partner	1 Jan 2010	Other	2508819
Richard Nmn Cheung	Limited partner	1 Jan 2010	Other	2508819
Christopher Ayton	Limited partner	1 Jan 2011	Other	6472783
Christopher Earle Ayton	Limited partner	1 Jan 2011	Other	6472783
Michael James Tansley	Chief financial officer	1 Jun 2011	Other	6047858
Greenfield Avocet Llc	Limited partner	1 Dec 2012	Other	80-0850107
Samuel Lawrence Sussman	Limited partner	1 Jul 2013	Other	2660213
Joel Lloyd Gantcher	Limited partner	1 Jul 2013	Other	2085410
Michael James Tansley	Limited partner / chief operating officer	1 Jul 2014	Other	6047858
Rodney Bristol Berens	Limited partner	1 Jan 2019	Other	18879

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joanna Zahava Greenfield	Limited partner	1 Nov 1996	25% - 50%	4379961
Stewart H Greenfield	General partner	1 Nov 1996	Other	2676365
Constance Greenfield	General partner	1 Nov 1996	Other	4379959
Matthew Adlai Greenfield	Limited partner	1 Nov 1996	25% - 50%	1609717
Landon Thorn Storrs	Trustee	1 Oct 1999	Other	4380838
Belinda J. Shepard	Trustee	1 Oct 1999	25% - 50%	4380848
Diane Warren	Trustee	1 Jun 2005	Other	5122482
Virginia Akabane	Trustee	1 Jul 2005	Other	5122450
Cynthia Obuch	Trustee	1 Jul 2005	Other	5122477
Joseph Palsa	Trustee	1 Jun 2009	Other	5774389
Joseph Andrew Palsa	Trustee	1 Jun 2009	Other	5774389
Stewart H Greenfield	Manager and member	1 Dec 2012	Other	2676365
David Kingsbury Storrs	Manager	1 Dec 2012	Other	1795584
Matthew Adlai Greenfield	Manager and member	1 Dec 2012	25% - 50%	1609717
Joanna Zahava Greenfield	Member	1 Dec 2012	25% - 50%	4379961
Stewart Harold Greenfield	Manager and member	1 Dec 2012	Other	2676365

Based in Southport

The principal office where Alternative Investment Group Services, L.P. performs its advisory services is located at 2960 Post Road, Southport, CT 06890, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-256-9326 or by fax 203-255-3718. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at altinv.com/.