Toroso Investments, LLC (Massapequa)

Name: Toroso Investments, LLC
Address: 898 N. Broadway, Massapequa, NY, 11758
Telephone: 844-986-7676

Toroso Investments, LLC is a large advisory firm based in Massapequa. It manages $846.49 million of regulatory assets for 280 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Toroso Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, pension consulting services, selection of other advisers, and consulting services to other investment advisers or investment management companies. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as consulting services to other investment firms..

Toroso Investments: assets under management

The assets under management (AUM) of Toroso Investments, LLC is $846.49 million. The firm's AUM has grown by 132531% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $297.69 million in discretionary accounts and $548.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.47 million.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 17% of the firm’s portfolio. Investments in investment and business development companies form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Toroso Investments, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Larry Arthur Medin serves?

The firm provides services to individuals, investment companies, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Larry Arthur Medin is pension and profit sharing plans with 73 clients and $176.98 million of assets under management. Among the 8 most similar advisory firms, Toroso Investments has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $448.02 million for 277 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Toroso Investments doesn't advise any private funds.

Careers at Toroso Investments, LLC

The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 4 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.

Toroso Investments, LLC is owned by Bruno Del Ama. Larry Arthur Medin has been acting as President since 1 Apr 2015. Mcca Toroso Llc joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Howard Carlson	Chief financial officer / chief compliance officer / managing member / director	1 Apr 2012	Other	2683536
Michael Jeremy Venuto	Chief investment officer / managing member / director	1 Apr 2012	Other	4320632
Bruno Del Ama	Director	1 Apr 2012	Other	5516923
Jose Carlos Gonzalez	Director	1 Apr 2012	Other	4346462
John Charles Meditz	Non-managing member	1 Apr 2012	Other	2577307
Peter Brendan Doyle	Non-managing member	1 Apr 2012	Other	2590707
Larry Arthur Medin	Director	1 Apr 2012	Other	330954
Jose C Gonzalez	Director / owner	1 Apr 2012	Other	4346462
John Meditz	Owner	1 Apr 2012	Other	2577307
Oscar Jose Junquera	Director	1 Jul 2012	Other	1217827
Global X Management Company Llc	Non-managing member	1 Nov 2012	25% - 50%	146932
Juan Carlos Avila	Managing director / partner	1 Dec 2012	Other	2058210
Olga Camargo	Managing director / partner	1 Dec 2012	Other	4893843
Larry Arthur Medin	Chairman	1 Apr 2015	Other	330954
Guillermo Trias	Ceo	1 Oct 2015	Other	6370254
Gt Capital	Owner	1 Nov 2015	Other	27-5306864
Mcca Toroso Llc	Owner	1 Dec 2015	Other	47-5614377
Bruno Del Ama	Owner	1 Feb 2018	Other	5516923

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bruno Del Ama	Chief executive officer	1 Apr 2008	50% - 75%	5516923
Jose Carlos Gonzalez	Chairman	1 Apr 2008	25% - 50%	4346462
Guillermo Trias	Chief executive officer, managing member, director	1 Mar 2011	75% - 100%	6370254
Martin Claure	Director	1 Dec 2015	75% - 100%	6631848

Based in Massapequa

The principal office where Toroso Investments, LLC performs its advisory services is located at 898 N. Broadway, Massapequa, NY 11758, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 844-986-7676 or by fax 844-986-7676. 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 torosoinv.com.