Tgm Associates L.P. (New York)


Tgm Associates L.P. is a large advisory firm based in New York. It manages $2.1 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Tgm Associates provides portfolio management for pooled investment vehicles and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tgm Associates: assets under management

The assets under management (AUM) of Tgm Associates L.P. is $2.1 billion. The firm's AUM has grown by 68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Tgm Associates has custody of $2.1 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tgm Associates L.P. for their services and products based on 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.

What kind of clients Tgm Associates serves?

The only and largest group of clients of Tgm Associates is pooled investment vehicles with 1 clients and $421.96 million of assets under management. Among the 11 most similar advisory firms, Tgm Associates has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $421.96 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Tgm Associates also advises several private funds. Namely, four hedge funds and two real estate funds.

Careers at Tgm Associates L.P.

The company employs 15 people that are either part- or full-time employees. 67 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.

Andrew Thomas Piekarski has served as the Chief Investment Officer since 1 Aug 2001. John Reuben Gochberg joined the executive team most recently as the Sole Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Tjg Holdings General partner 1 Jul 1991 Other 13-3614233
Steven Charles Macy Limited partner 1 Jul 1991 Other 4520724
Steven C Macy Limited partner 1 Jul 1991 Other 4520724
Harris Trust & Savings Bank Trustee Searle Trust L.P. Xiii Limited partner 1 Jul 1991 25% - 50% 36-6857917
Diana Hein Chief administrative officer 1 Jul 1991 Other 4650473
Diana Sue Hein Chief administrative officer 1 Jul 1991 Other 4650473
John Reuben Gochberg Limited partner 1 Dec 1996 Other 4520745
Sarah Spencer Gochberg Limited partner 1 Dec 1996 Other 4520749
Thomas Gochberg Trustee Thomas Gochberg 7yr Grat Limited partner 1 Dec 1996 Other 13-7106810
Thomas Gochberg Trustee Thomas Gochberg 10yr Grat Limited partner 1 Dec 1996 Other 13-7106809
Thomas Gochberg Trustee Thomas Gochberg 14 Yr Grat Limited partner 1 Dec 1996 Other 13-7106813
Andrew Thomas Piekarski Chief investment officer 1 Aug 2001 Other 1998278
Michael G Frazzetta Chief financial officer 1 May 2002 Other 4650468
Michael Gerard Frazzetta Chief financial officer 1 May 2002 Other 4650468
Jeffrey Scott Sirkin Chiefacquisitions officer 1 Apr 2004 Other 4940685
John Edward Emmanuel Marketing director 1 May 2004 Other 4660021
Veta Jacqueline Bills Chief compliance officer / chief administrative officer 1 Jun 2006 Other 5229525
Diana Sue Hein Limited partner 1 Jun 2006 Other 4650473
Harris Trust & Savings Bank Trustee Sft Real Estate Llc (1987) Limited liability company 1 Sep 2006 Other 36-6857917
Michael Gerard Frazzetta Limited partner 1 Dec 2006 Other 4650468
Zachary Samuel Goldman Limited partner 1 May 2012 Other 6156446
Thomas Joel Gochberg Limited partner 1 May 2012 Other 1219161

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Thomas Joel Gochberg President 1 Jul 1991 75% - 100% 1219161
John Reuben Gochberg Sole shareholder 1 Oct 2012 75% - 100% 4520745

Based in New York

The principal office where Tgm Associates L.P. performs its advisory services is located at 650 Fifth Avenue, 28 Th Fl, New York, NY 10019 6149, 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 212-830-9300. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at tgmassociates.com.