The Wicks Group Of Companies Iii, LLC (New York)


The Wicks Group Of Companies Iii, LLC is a large advisory firm based in New York. It manages $576.81 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

The Wicks Group Of Companies Iii 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 Wicks Group Of Companies Iii: assets under management

The assets under management (AUM) of The Wicks Group Of Companies Iii, LLC is $576.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $576.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $144.2 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Wicks Group Of Companies Iii, LLC 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 The Wicks Group Of Companies Iii serves?

The only and largest group of clients of The Wicks Group Of Companies Iii is pooled investment vehicles with 4 clients and $576.81 million of assets under management. Among the 10 most similar advisory firms, The Wicks Group Of Companies Iii has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $576.81 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

The Wicks Group Of Companies Iii also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at The Wicks Group Of Companies Iii, 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Craig Bruce Klosk Managing member 1 Jan 1989 25% - 50% 6029480
Matthew Edward Gormly Managing member 1 Jul 1999 25% - 50% 6029479
Daniel Mark Kortick Managing member (the wicks group of companies, llc) 1 May 2000 25% - 50% 2823197
Daniel Lamarr Black Managing member 1 Jun 2003 25% - 50% 3164916
Max Morrell Vonzuben Managing member 1 Jul 2004 Other 2523995
Daniel Mark Kortick Managing member, chief compliance officer 1 Nov 2005 25% - 50% 2823197

Based in New York

The principal office where The Wicks Group Of Companies Iii, LLC performs its advisory services is located at 400 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 212-838-2100 or by fax 212-223-2109. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at wicksgroup.com.

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