A.G.P. / Alliance Global Partners Corp. (Westport)

Name: A.G.P. / Alliance Global Partners Corp.
Address: 88 Post Road West, Westport, CT, 06880
Telephone: 800-727-7922

A.G.P. / Alliance Global Partners Corp. is a large advisory firm based in Westport. It manages $563.79 million of regulatory assets for 3,564 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

A.G.P. / Alliance Global Partners Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as perth mint certificate program.

A.G.P. / Alliance Global Partners Corp: assets under management

The assets under management (AUM) of A.G.P. / Alliance Global Partners Corp. is $563.79 million. The firm's AUM has gone down by -10% since the beginning of its operation, and $7.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $534.22 million in discretionary accounts and $29.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $168.99 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio. Investments in sovereign bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay A.G.P. / Alliance Global Partners Corp. for their services and products based on a percentage of assets under management. 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 A.G.P. / Alliance Global Partners Corp serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of A.G.P. / Alliance Global Partners Corp is individuals with 3,465 clients and $433 million of assets under management. Among the 10 most similar advisory firms, A.G.P. / Alliance Global Partners Corp has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $563.79 million for 3,564 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.

A.G.P. / Alliance Global Partners Corp doesn't advise any private funds.

Careers at A.G.P. / Alliance Global Partners Corp.

The company employs 156 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 31 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.

Jose Luis Perich joined the executive team most recently as the Cco For Ria.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter David Schiff	Chief executive officer, president, chief financial officer, municipal securities principal	1 May 1995	Other	1759484
Robert Henry Decker	Chief compliance officer for broker dealer	1 Apr 2009	Other	1942037
Alphonse John Iii Calicchio	Chief operating officer	1 Oct 2011	Other	1577654
Elena Fusillo	Cco for the investment advisor	1 Feb 2018	Other	2004311
Llc Alliance Global	Holding company	1 Feb 2018	75% - 100%	82-2395055
Thomas Joseph Higgins	Financial and operations principal, principal financial officer	1 Sep 2018	Other	1477505
Phillip William Michals	Chief executive officer	1 Jan 2019	Other	2414124
Anthony Joseph Lauriello	Municipal securities principal	1 Feb 2019	Other	1086881
John Joseph Venezia	Chief compliance officer - broker dealer	1 May 2019	Other	2737135
Jose Luis Perich	Cco for ria	1 Sep 2019	Other	1309507

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Phillip William Michals	Partner	1 Jul 2017	50% - 75%	2414124
Raffaele Gambardella	Partner	1 Jul 2017	50% - 75%	2448073

Based in Westport

The principal office where A.G.P. / Alliance Global Partners Corp. performs its advisory services is located at 88 Post Road West, Westport, CT 06880, which is also the mailing address of the firm. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-727-7922 or by fax 203-662-9771. The normal business hours are 7:00 to 6:00 on Monday - Friday. You can find more information about the New York firm at europac.com.