North Fourth Asset Management, LP (New York)

North Fourth Asset Management, LP is a large advisory firm based in New York. It manages $373.97 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017.

North Fourth Asset Management 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.

North Fourth Asset Management: assets under management

The assets under management (AUM) of North Fourth Asset Management, LP is $373.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 136% since the beginning of its operation, and $43.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $373.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $74.79 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay North Fourth Asset Management, LP 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 North Fourth Asset Management serves?

The only and largest group of clients of North Fourth Asset Management is pooled investment vehicles with 5 clients and $373.97 million of assets under management. Among the 9 most similar advisory firms, North Fourth Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $373.97 million for 5 clients. 40% of the firm’s clients are foreign persons or businesses.

North Fourth Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at North Fourth Asset Management, LP

The company employs 6 people that are either part- or full-time employees. 83 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
Anthony Joseph Vaccarino	Limited partner and chief compliance officer	1 Jun 2017	75% - 100%	2786031
Llc North Fourth Asset Management	General partner	1 Jun 2017	Other	82-2014005

Based in New York

The principal office where North Fourth Asset Management, LP performs its advisory services is located at 460 Park Avenue, New York, NY 10022, 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 646-735-3188 or by fax 212-308-0187. The normal business hours are 9am-5pm on Monday - Friday.