Poetic Group LLC (New York)

Name: Poetic Group LLC
Address: 1330 Avenue Of The Americas, New York, NY, 10019
Telephone: 212-643-8999

Poetic Group LLC is a large advisory firm based in New York. It manages $156.71 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

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

Poetic Group: assets under management

The assets under management (AUM) of Poetic Group LLC is $156.71 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $156.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.24 million each.

Poetic Group has custody of $156.71 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Poetic Group LLC for their services and products based on a percentage of assets under management and 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 Poetic Group serves?

The only and largest group of clients of Poetic Group is pooled investment vehicles with 3 clients and $156.71 million of assets under management. Among the 10 most similar advisory firms, Poetic Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $156.71 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Poetic Group also advises several private funds. Namely, one private equity fund.

Careers at Poetic Group 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Poet Advisors Llc	Member	1 Feb 2018	25% - 50%	161052
10 Northeast Ii Llc	Member	1 Feb 2018	25% - 50%	82-1544427
Rouen Advisors Llc	Member	1 Feb 2018	Other	82-1344271
David Sandler	Cco and director of operations	1 Aug 2018	Other	7154223

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Adam Nathaniel Berkowitz	Member	1 Jan 2011	75% - 100%	4429213
Samuel Adam Mark	Member	1 Jan 2017	75% - 100%	6227091
Daniel C Li	Member	1 Jan 2018	75% - 100%	5754007

Based in New York

The principal office where Poetic Group LLC performs its advisory services is located at 1330 Avenue Of The Americas, New York, NY 10019, 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 212-643-8999 or by fax 212-918-7952. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at poeticgroup.com/.