Apis Capital Advisors, LLC (New York)

Name: Apis Capital Advisors, LLC
Address: 110 E 42 Nd Street, New York, NY, 10017
Telephone: (203) 409-6307

Apis Capital Advisors, LLC is a large advisory firm based in New York. It manages $248.75 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Minnesota and New York.

Apis Capital Advisors 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.

Apis Capital Advisors: assets under management

The assets under management (AUM) of Apis Capital Advisors, LLC is $248.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2544% since the beginning of its operation, and $140.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $248.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.54 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Apis Capital Advisors, 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 Apis Capital Advisors serves?

The only and largest group of clients of Apis Capital Advisors is pooled investment vehicles with 7 clients and $248.75 million of assets under management. Among the 10 most similar advisory firms, Apis Capital Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $248.75 million for 7 clients. 63% of the firm’s clients are foreign persons or businesses.

Apis Capital Advisors also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Apis Capital Advisors, LLC

The company employs 9 people that are either part- or full-time employees. 78 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.

Daniel James Barker has served as the Chief Investment Officer since 1 Oct 2008 and Steven Arthur Werber is the Chief Executive Officer of Apis Capital Advisors, LLC family office. Richard Hyok Yun joined the executive team most recently as the Chief Financial Officer / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric Chou Almeraz	Member/portfolio manager	1 Mar 2004	Other	4782605
Kamran (Nmn) Moghtaderi	Member/portfolio manager	1 Mar 2004	Other	4782612
Daniel J. Barker	Managing member	1 Mar 2004	25% - 50%	4782538
Steven Arthur Werber	Managing member	1 Mar 2004	25% - 50%	2270197
Eric J.C. Almeraz	Member	1 Mar 2004	Other	4782605
Kamran Moghtaderi	Member	1 Mar 2004	Other	4782612
Daniel James Barker	Managing member	1 Mar 2004	25% - 50%	4782538
Petros Tsirigotis	Chief operating officer	1 Mar 2008	Other	5503123
Kyle Montgomery Hartley	Chief financial officer	1 Mar 2008	Other	2860801
Petros Tsirigotis	Chief operating officer/chief compliance officer	1 Jul 2008	Other	5503123
Daniel James Barker	Managing member/chief investment officer	1 Oct 2008	50% - 75%	4782538
Steven Arthur Werber	Managing member/chief executive officer	1 Oct 2008	25% - 50%	2270197
Yue Tang	Member/portfolio manager	1 Apr 2011	Other	4692419
Richard Hyok Yun	Chief financial officer	1 Dec 2011	Other	6045991
Richard Hyok Yun	Chief financial officer / chief compliance officer	1 Dec 2014	Other	6045991

Based in New York

The principal office where Apis Capital Advisors, LLC performs its advisory services is located at 110 E 42 Nd Street, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Minneapolis, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (203) 409-6307. The normal business hours are 9:00 a.m. to 5:00 p.m. (est) on Monday - Friday. You can find more information about the New York firm at apiscapital.com.