Argand Partners, LP (New York)

Name: Argand Partners, LP
Address: 28 West 44 Th Street, New York, NY, 10036
Telephone: 212-588-6470

Argand Partners, LP is a large advisory firm based in New York. It manages $635.94 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2015.

Argand 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.

Argand Partners: assets under management

The assets under management (AUM) of Argand Partners, LP is $635.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 478% since the beginning of its operation, and $635.94 million of the total AUM is attributable to clients outside of the United States.

The firm manages $635.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $63.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Argand Partners, LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Argand Partners serves?

The only and largest group of clients of Argand Partners is pooled investment vehicles with 10 clients and $635.94 million of assets under management. Among the 7 most similar advisory firms, Argand Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $635.94 million for 10 clients. 100% of the firm’s clients are foreign persons or businesses.

Argand Partners also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Argand Partners, LP

The company employs 17 people that are either part- or full-time employees. 76 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
Howard Dewitt Morgan	Managing director	1 Nov 2015	Other	5513592
Tariq Osman	Managing director	1 Nov 2015	Other	6466229
Heather Lynne Faust	Managing director	1 Nov 2015	Other	6466233
Hemali Dassani	Director of investor relations and chief compliance officer	1 Nov 2015	Other	5650419
Llc Argand Partners	General partner	1 Nov 2015	Other	475051432
Llc Mz Associates	Limited partner	1 Nov 2015	25% - 50%	06-1393839
Llc Argand Odyssey	Limited partner	1 Nov 2015	25% - 50%	47-5552095
Llc Branch Point	Limited partner	1 Nov 2015	25% - 50%	47-5563142
Tariq Abdalla Mohamed Osman	Managing director	1 Nov 2015	Other	6466229
Joseph G Deltoro	Chief financial officer	1 Dec 2015	Other	2378774
Joseph Gerard Del Toro	Chief financial officer	1 Dec 2015	Other	2378774
Catherine Clancy Mandell	General counsel and chief compliance officer	1 Sep 2018	Other	7023737
Llc Joseph G. Del Toro	Limited partner	1 Jan 2019	Other	47-4872537

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Howard Dewitt Morgan	Member	1 Mar 1994	75% - 100%	5513592
Llc Mz Associates	Member	1 Aug 2015	25% - 50%	06-1393839
Joseph Gerard Del Toro	Member	1 Aug 2015	75% - 100%	2378774
Tariq Osman	Member	1 Aug 2015	25% - 50%	6466229
Heather Lynne Faust	Member	1 Aug 2015	25% - 50%	6466233
Heather Lynne Faust	Member	1 Oct 2015	75% - 100%	6466233
Llc Branch Point	Member	1 Dec 2015	25% - 50%	47-5563142
Llc Argand Odyssey	Member	1 Dec 2015	25% - 50%	47-5552095

Based in New York

The principal office where Argand Partners, LP performs its advisory services is located at 28 West 44 Th Street, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Danville, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-588-6470. The normal business hours are 8:30am - 6:30pm on Monday - Friday. You can find more information about the New York firm at argandequity.com/.