Foresight Global Investors, Inc. (Purchase)

Name: Foresight Global Investors, Inc.
Address: 2900 Westchester Ave., Purchase, NY, 10577
Telephone: (914) 253-8809

Foresight Global Investors, Inc. is a large advisory firm based in Purchase. It manages $230.38 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Foresight Global Investors provides portfolio management for individuals and small businesses 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.

Foresight Global Investors: assets under management

The assets under management (AUM) of Foresight Global Investors, Inc. is $230.38 million. The firm's AUM has grown by 814% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.03 million in discretionary accounts and $17.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.35 million.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Foresight Global Investors, Inc. for their services and products based on a percentage of assets under management. 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 Foresight Global Investors serves?

The only and largest group of clients of Foresight Global Investors is high net worth individuals with 10 clients and $35.81 million of assets under management. Among the 12 most similar advisory firms, Foresight Global Investors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $35.81 million for 10 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Foresight Global Investors doesn't advise any private funds.

Careers at Foresight Global Investors, Inc.

The company employs 4 people that are either part- or full-time employees. 75 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ajay Mehra	President and cco	1 Aug 2015	75% - 100%	2783335
Robert James Disciullo	General counsel	1 Aug 2015	Other	6705586
Ronald Eric Dornau	Vice president	1 Aug 2015	Other	1861618

Based in Purchase

The principal office where Foresight Global Investors, Inc. performs its advisory services is located at 2900 Westchester Ave., Purchase, NY 10577, 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 (914) 253-8809. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at foresightgi.com.