Cherokee Investment Partners, LLC is a large advisory firm based in Raleigh. It manages $262.83 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of North Carolina.
Cherokee Investment Partners 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.
The assets under management (AUM) of Cherokee Investment Partners, LLC is $262.83 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cherokee Investment Partners, 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.
The only and largest group of clients of Cherokee Investment Partners is pooled investment vehicles with 3 clients and $262.83 million of assets under management. Among the 11 most similar advisory firms, Cherokee Investment Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $262.83 million for 3 clients. None of the firm’s clients are foreign persons or businesses.
Cherokee Investment Partners also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $20,000 to $50,000,000.
The company employs 9 people that are either part- or full-time employees. 56 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.
Bret Allan Batchelder joined the executive team most recently as the Managing Director/Chief Compliance Officer.
The principal office where Cherokee Investment Partners, LLC performs its advisory services is located at 310 S. West Street, Raleigh, NC 27603, 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 919-743-2500 or by fax 919-743-2501. 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 cherokeefund.com.