Korr Acquisitions Group, Inc. is a mid-sized advisory firm based in Westbury. It manages $30.56 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Florida, New York, and North Carolina.
Korr Acquisitions Group provides portfolio management for pooled investment vehicles and investment advisory services to registered investment advisors. 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 Korr Acquisitions Group, Inc. is $30.56 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Korr Acquisitions Group, 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.
The only and largest group of clients of Kenneth Adam Orr is pooled investment vehicles with 4 clients and $30.56 million of assets under management. Among the 1 most similar advisory firms, Korr Acquisitions Group has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $30.56 million for 4 clients. None of the firm’s clients are foreign persons or businesses.
Korr Acquisitions Group also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.
The company employs 2 people that are either part- or full-time employees. 50 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.
Kenneth Adam Orr has been acting as President since 1 May 2015. Hgm Properties Llc joined the executive team most recently as the Stockholder.
The principal office where Korr Acquisitions Group, Inc. performs its advisory services is located at 1400 Old Country Road, Westbury, NY 11590, 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 855-567-7858 or by fax 516-802-0911. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at korracquisitions.com.