Gam Usa Inc. (New York)

Name: Gam Usa Inc.
Address: One Rockefeller Plaza, New York, NY, 10020
Telephone: 212-407-4600

Gam Usa Inc. is a large advisory firm based in New York. It manages $3.01 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2003.

Gam U provides portfolio management for pooled investment vehicles, 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.

Gam U: assets under management

The assets under management (AUM) of Gam Usa Inc. is $3.01 billion. The firm's AUM has grown by 191% since the beginning of its operation, and $2.23 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.88 billion in discretionary accounts and $127.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.83 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $127.92 million.

Gam U has custody of $29.16 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 30% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gam Usa Inc. 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 Joseph Fred Gieger serves?

The firm provides services to charitable organizations and pooled investment vehicles. The largest group of clients of Joseph Fred Gieger is pooled investment vehicles with 5 clients and $1.58 billion of assets under management. Among the 10 most similar advisory firms, Gam U has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.62 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.

Gam U also advises several private funds. Namely, three hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Gam Usa Inc.

The company employs 31 people that are either part- or full-time employees. 26 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.

Joseph Fred Gieger has been acting as President since 1 Nov 2005. Timothy Pierce Dana joined the executive team most recently as the Chairman And President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin John Blanchfield	Director, chief operating officer, chief financial officer	1 Nov 1993	Other	1030695
Teresa Bunn Riggin	Senior vice president	1 Jan 1994	Other	2219234
Brett Alan Felsman	Director, institutional division	1 Mar 1997	Other	2995249
David Alan Anderson	Director, managing director - clients - americas	1 Mar 1998	Other	1100996
James Anthony Goldschmidt	Vice president, director of private accounts	1 Mar 1998	Other	1306223
Joseph Allessie	General counsel, secretary and chief compliance officer	1 Feb 1999	Other	3193402
Deborah Ann Brodheim	Vice president, director of private accounts	1 Sep 1999	Other	3009386
Burkhard Poschadel	Director	1 May 2000	Other	4392323
Benjamin Franklin Lenhardt	Director	1 May 2000	Other	2285642
James Albert Abate	Investment director	1 Jan 2001	Other	1496799
Michael Joseph Bessel	Associate general counsel and compliance manager	1 May 2002	Other	2963742
Richard Eric Long	Vice president - director of private accounts	1 Oct 2002	Other	2530961
Gam Group Ag	Shareholder of gam usa	1 Jan 2003	75% - 100%	n/a
Gam Holding Ag	Shareholder of gam usa	1 Jan 2003	75% - 100%	n/a
Evelyn Paulina Arroyo	Vice president, director of private accounts	1 Jun 2003	Other	2703187
Craig William Brownell	Director, institutional division	1 Sep 2003	Other	1535117
Michael Joseph Bessel	Associate general counsel, secretary and chief compliance officer	1 May 2004	Other	2963742
Kenneth Adam Dursht	Director, general counsel and secretary	1 Oct 2004	Other	1616160
Teresa Bunn Riggin	Director	1 Oct 2004	Other	2219234
John Eapen	Treasurer	1 Jul 2005	Other	5021650
Joseph Fred Gieger	Managing director, americas	1 Sep 2005	Other	2198604
Jaime Melissa Mcphee	Associate counsel, chief compliance officer and assistant secretary	1 Sep 2005	Other	5061602
Kristin W Hovencamp	Director-institutional	1 Sep 2005	Other	5062258
Joseph Fred Gieger	Director	1 Nov 2005	Other	2198604
Francis Michael Harte	Treasurer	1 Dec 2005	Other	1976402
John Michael Rancich	Treasurer	1 Jul 2007	Other	2700253
Kenneth Adam Dursht	Chief compliance officer	1 Oct 2008	Other	1616160
Sharon Ann Ingram	Chief compliance officer	1 Jan 2009	Other	2323874
Timothy Pierce Dana	Director	1 Sep 2017	Other	2412123
Marianne Elizabeth Gresio	Director - managing director, business development - north america	1 May 2019	Other	3254668
Timothy Pierce Dana	Chairman and president	1 Sep 2019	Other	2412123

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ubs Ag	Shareholder of gam holding ag	1 Jul 2002	75% - 100%	n/a
Sbc Wealth Management Ag	Shareholder of gam holding ag	1 Jul 2002	75% - 100%	n/a
Ubs Ag	Shareholder of sbc wealth management ag	1 Aug 2003	75% - 100%	n/a
Gam Holding Ag	Shareholder of gam group ag	1 Dec 2005	75% - 100%	n/a
Julius Baer Holding Ag	Shareholder of gam holding ag	1 Dec 2005	75% - 100%	n/a
Gam Holding Limited	Shareholder of gam group ag	1 Dec 2005	75% - 100%	n/a

Based in New York

The principal office where Gam Usa Inc. performs its advisory services is located at One Rockefeller Plaza, New York, NY 10020, 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 212-407-4600 or by fax 212-407-4684. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at gam.com.