Indexiq Advisors LLC (New York)

Name: Indexiq Advisors LLC
Address: 51 Madison Avenue, New York, NY, 10010
Telephone: (888) 474-7725

Indexiq Advisors LLC is a large advisory firm based in New York. It manages $4.51 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of New York and Texas.

Indexiq Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Indexiq Advisors: assets under management

The assets under management (AUM) of Indexiq Advisors LLC is $4.51 billion. The firm's AUM has grown by 34601% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.5 billion in discretionary accounts and $8.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $187.61 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.23 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Indexiq Advisors LLC 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 Indexiq Advisors serves?

The only and largest group of clients of Indexiq Advisors is investment companies with 23 clients and $4.46 billion of assets under management. Among the 6 most similar advisory firms, Indexiq Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.46 billion for 23 clients. None of the firm’s clients are foreign persons or businesses.

Indexiq Advisors doesn't advise any private funds.

Careers at Indexiq Advisors LLC

The company employs 6 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.

Salvatore John Bruno has served as the Chief Investment Officer since 1 Oct 2008 and Adam Scott Patti is the Chief Executive Officer of Indexiq Advisors LLC family office. Kirk Christopher Lehneis joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Financial Development Holdco	Managing member	1 Jul 2007	75% - 100%	02-0811751
Adam Scott Patti	Chief executive officer	1 Jul 2007	Other	2263967
Gregory David Bassuk	Chief operating officer and chief compliance officer	1 Jul 2007	Other	5391689
Indexiq Llc	Managing member	1 Jul 2007	75% - 100%	02-0811751
David Louis Fogel	Vice president	1 Jul 2007	Other	5391690
Patricia Ann Maxey	Chief compliance officer	1 Apr 2008	Other	4102812
David Louis Fogel	Chief financial officer	1 Oct 2008	Other	5391690
Salvatore John Bruno	Chief investment officer	1 Oct 2008	Other	4441478
Matthew Vincent Curtin	Chief compliance officer	1 Jun 2015	Other	6576601
Yie Hsin Nmn Hung	Elected manager	1 Oct 2015	Other	1586401
Thomas Alexander Hendry	Elected manager	1 Oct 2015	Other	1605292
Francis Michael Harte	Elected manager and chairman	1 Oct 2015	Other	1976402
Stephen Paul Fisher	Elected manager and chairman	1 Oct 2015	Other	1226344
Frank M Harte	Elected manager	1 Oct 2015	Other	5951237
Kevin Michael Bopp	Chief compliance officer	1 Jan 2017	Other	6468135
Matthew Vincent Curtin	Chief legal officer	1 Jan 2017	Other	6576601
Kirk Christopher Lehneis	Chief executive officer	1 Jan 2018	Other	6773807
Jonathan Zimmerman	Chief operating officer	1 Jan 2018	Other	5282751
Jon Zimmerman	Chief operating officer	1 Jan 2018	Other	6921502

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Financial Development	Member	1 Jul 2007	75% - 100%	02-0811744
Financial Development Llc	Member	1 Jul 2007	75% - 100%	02-0811744
New York Life Investment Management Holdings Llc	Member	1 Apr 2015	75% - 100%	52-2206682
New York Life Insurance Company	Indirect interest holder	1 Apr 2015	75% - 100%	13-5582869

Based in New York

The principal office where Indexiq Advisors LLC performs its advisory services is located at 51 Madison Avenue, New York, NY 10010, 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 (888) 474-7725. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at indexiq.com.