Gemini Re, LLC (Palm Beach Gardens)

Name: Gemini Re, LLC
Address: 4200 Northcorp Parkway, Palm Beach Gardens, FL, 33410
Telephone: 561-766-8004

Gemini Re, LLC is a large advisory firm based in Palm Beach Gardens. It manages $178.72 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Florida.

Gemini Re provides 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.

Gemini Re: assets under management

The assets under management (AUM) of Gemini Re, LLC is $178.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and $13.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $178.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.34 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gemini Re, LLC 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.

Careers at Gemini Re, LLC

The company employs 7 people that are either part- or full-time employees. 43 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.

Subhashish Dutta has been acting as President since 1 Oct 2017. Gemini Financial Holdings Corporation joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gemini Financial Holdings Corporation	Partner	1 Oct 2017	75% - 100%	87-0795865
Jeffrey Bernard Scott	Chief executive officer	1 Oct 2017	Other	5700206
Jennifer Lee Gravelle	Chief financial officer	1 Oct 2017	Other	6929923
Morton Ira Borzykowski	Chief compliance officer	1 Oct 2017	Other	6929930
Subhashish Dutta	President	1 Oct 2017	Other	6929932

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Gemini Financial Holdings	Owner	1 Jan 2007	75% - 100%	87-0795862
Jeffrey Bernard Scott	Partner, elected manager	1 Jan 2007	Other	5700206
L.P. Pegasus Partners Iii	Partner	1 Jan 2007	75% - 100%	01-0682088

Based in Palm Beach Gardens

The principal office where Gemini Re, LLC performs its advisory services is located at 4200 Northcorp Parkway, Palm Beach Gardens, FL 33410, 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 561-766-8004. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at geminire.com.