Mio Partners, Inc. (New York)

Name: Mio Partners, Inc.
Address: 245 Park Avenue, 13 Th Floor, New York, NY, 10167
Telephone: 212-203-4000

Mio Partners, Inc. is a large advisory firm based in New York. It manages $26.23 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2004.

Mio Partners provides financial planning services, portfolio management for pooled investment vehicles, selection of other advisers, and portfolio management for employees securities companies. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mio Partners: assets under management

The assets under management (AUM) of Mio Partners, Inc. is $26.23 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 685% since the beginning of its operation, and $9.51 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.23 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $570.28 million each.

Mio Partners has custody of $594.71 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 69% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mio Partners, 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 Timothy J E Church serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Timothy J E Church is pooled investment vehicles with 45 clients and $19.75 billion of assets under management. Among the 11 most similar advisory firms, Mio Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $19.75 billion for 262 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 18% of the firm’s clients are foreign persons or businesses.

Mio Partners also advises several private funds. Namely, seven hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.

Careers at Mio Partners, Inc.

The company employs 170 people that are either part- or full-time employees. 21 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.

Timothy J E Church has been acting as President since 1 Jan 1998. Lisa Chun joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy J E Church	President	1 Jan 1998	Other	4361889
Todd Tibbetts	Vice president -- investments & chief investment officer	1 Dec 2000	Other	3047712
Virginia Molino	Vice president & secretary	1 Dec 2000	Other	4650264
Frank Goveia	Vice president & chief financial officer	1 Apr 2002	Other	1390310
Nellie Gilligan	Vice president - legal & assistant secretary	1 Dec 2002	Other	4650259
Roger Charles Kline	Director	1 Dec 2002	Other	4650262
Inc. Mio Group	Shareholder	1 Jul 2003	75% - 100%	56-2320830
Mio Group	Shareholder	1 Jul 2003	75% - 100%	56-2320830
Kevin Buehler	Director	1 Jan 2004	Other	4938389
Donald Waite	Director	1 Jan 2004	Other	4938408
David Hunt	Director	1 Jan 2004	Other	4938400
William Meehan	Director	1 Jan 2004	Other	4938403
Patrick Viguerie	Director	1 Jan 2004	Other	4938405
Dominic Casserley	Director	1 Jan 2004	Other	4938579
Jorge Fergie	Director	1 Jan 2004	Other	4938580
Alan Morgan	Director	1 Jan 2004	Other	4938581
Simen Vier Simensen	Director	1 Jan 2004	Other	4938585
Guy Talarico	Chief compliance officer	1 Sep 2004	Other	4865564
Guy Talarico	Chief compliance officer	1 Oct 2004	Other	4865564
Guy Francis Talarico	Chief compliance officer	1 Oct 2004	Other	4865564
Virginia Molino	Assistant secretary	1 Dec 2004	Other	4650264
Casey Lipscomb	Vice president -- legal & secretary	1 Dec 2004	Other	4938355
Toos Daruvala	Director	1 Dec 2004	Other	4938398
Stefan Spang	Director	1 Dec 2004	Other	4938584
Barry Cohen	Treasurer	1 Dec 2004	Other	1725177
Randi Zeller Kovacs	Assistant secretary	1 Dec 2004	Other	4938384
Christian Casal	Director	1 Jun 2005	Other	5123910
Jon Garcia	Director	1 Dec 2006	Other	5314997
Randi Zeller Kovacs	Assistant secretary	1 Dec 2006	Other	4938384
Stephen Piccininni	Treasurer	1 Jul 2007	Other	5504450
Paal Weberg	Director	1 Jun 2008	Other	5656263
Gunnar Pritsch	Chief risk officer and chief operating officer	1 Jun 2008	Other	5656313
Gordon Orr	Director	1 Jun 2008	Other	5656267
William Huyett	Chairman	1 Oct 2008	Other	5655692
Ivo Bozon	Director	1 Mar 2011	Other	5904418
Adil Zainulbhai	Director	1 Nov 2013	Other	6286927
Matthew Charles Kelly	Vide president-finance and cheif financial officer	1 Jan 2014	Other	2697136
Peter H Williams	Chief technology officer	1 May 2014	Other	2792032
Martin Huber	Director	1 Jul 2014	Other	6466034
Elizabeth Lempres	Director	1 Nov 2014	Other	6466021
Vikram Malhotra	Director	1 Dec 2015	Other	6578406
Toos Daruvala	Co-chief executive officer	1 Jan 2017	Other	4938398
Thomas I Barkin	Director	1 Jun 2017	Other	6797933
Magnus Tyreman	Director	1 Nov 2017	Other	6876541
Timothy Flynn	Director	1 Nov 2017	Other	6886947
Kevin Speicher	Director	1 Nov 2017	Other	6886952
Christine Cumming	Director	1 Nov 2017	Other	6886954
Jean Christophe Mieszala	Director	1 Jun 2018	Other	6973993
Lisa Chun	Chief compliance officer	1 Aug 2018	Other	5115433

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Mckinsey & Company	Shareholder	1 Oct 1986	75% - 100%	13-1826332

Based in New York

The principal office where Mio Partners, Inc. performs its advisory services is located at 245 Park Avenue, 13 Th Floor, New York, NY 10167, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-203-4000 or by fax 646-307-6645. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at miopartners.com.