Btg Pactual Asset Management Us , LLC (New York)

Btg Pactual Asset Management Us , LLC is a large advisory firm based in New York. It manages $27.21 billion of regulatory assets for 91 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arkansas, Connecticut, and 4 other states.

Btg Pactual Asset Management Us provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and 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.

Btg Pactual Asset Management Us: assets under management

The assets under management (AUM) of Btg Pactual Asset Management Us , LLC is $27.21 billion. The firm's AUM has gone down by -76% since the beginning of its operation, and $25.18 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.72 billion in discretionary accounts and $492.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $424.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.59 million.

Btg Pactual Asset Management Us has custody of $27.21 billion in cash and securities for 91 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 47% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 18% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Btg Pactual Asset Management Us , LLC for their services and products based on a percentage of assets under management, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Patrick Gallagher serves?

The firm provides services to individuals, insurance companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and state or municipal government entities. The largest group of clients of John Patrick Gallagher is pooled investment vehicles with 22 clients and $25.81 billion of assets under management. Among the 6 most similar advisory firms, Btg Pactual Asset Management Us has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $27.21 billion for 91 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 75% of the firm’s clients are foreign persons or businesses.

Btg Pactual Asset Management Us also advises several private funds. Namely, five hedge funds and twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.

Careers at Btg Pactual Asset Management Us , LLC

The company employs 74 people that are either part- or full-time employees. 34 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.

John Patrick Gallagher has been acting as President since 1 Sep 2011. Marcelo Kalim joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Joseph Fath	Managing partner	1 Sep 2008	Other	1826000
Dayna A Corlito	Chief operations officer	1 Jun 2009	Other	4906851
David Scott Martin	Managing partner	1 Aug 2011	Other	1755376
John Patrick Gallagher	Director	1 Sep 2011	Other	2446638
Jill M Wallach	Director	1 Sep 2011	Other	4772963
Btg Pactual Ny Corporation	Managing member	1 Dec 2011	75% - 100%	45-3730835
Jill M Wallach	Chief compliance officer	1 Mar 2012	Other	4772963
Joshua Fred Shapiro	Chief compliance officer	1 Mar 2013	Other	6176119
Brian William Reed	Director	1 Dec 2014	Other	2631153
Joao Mauricio Chagas De Oliveira	Chief compliance officer	1 Apr 2016	Other	6632952
Richard Edward Gruber	Chief compliance officer	1 Feb 2017	Other	5256033

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Andre Santos Esteves	Shareholder	1 Dec 2008	50% - 75%	4676353
Andre Santos Esteves	Shareholder	1 Jun 2009	50% - 75%	6167710
Andre Santos Esteves	Shareholder	1 Dec 2010	25% - 50%	6167710
Banco Btg Pactual S.A.	Owner	1 Jul 2011	75% - 100%	foreign
Banco Btg Pactual S.A.	Owner	1 Sep 2011	75% - 100%	foreign
Btg Pactual Participacoes Ii S.A.	Owner	1 Sep 2011	75% - 100%	foreign
Btg Pactual Participacoes Ltda.	Shareholder	1 Sep 2011	25% - 50%	foreign
Btg Pactual Holding S.A.	Shareholder	1 Sep 2011	50% - 75%	foreign
Btg Pactual Holding Internacional S.A.	Shareholder	1 Dec 2011	75% - 100%	foreign
Btg Pactual Holding S.A.	Shareholder	1 Dec 2011	25% - 50%	foreign
Btg Pactual G7 Holding S.A.	Shareholder	1 Nov 2012	25% - 50%	foreign
Btg Pactual Holding S.A.	Shareholder	1 Dec 2012	25% - 50%	foreign
Btg Pactual Uk Holdco Limited	Shareholder	1 Sep 2015	75% - 100%	foreign
Marcelo Kalim	Shareholder	1 Nov 2017	25% - 50%	6777239
Roberto Balls Sallouti	Shareholder	1 Nov 2017	25% - 50%	6777242

Based in New York

The principal office where Btg Pactual Asset Management Us , LLC performs its advisory services is located at 601 Lexington Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Monticello, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-293-4600 or by fax 212-293-4609. The normal business hours are 9 am - 5 pm on Monday - Friday.