Crestview Advisors, L.L.C. (New York)

Name: Crestview Advisors, L.L.C.
Address: 590 Madison Avenue, New York, NY, 10022 8531
Telephone: 212-906-0700

Crestview Advisors, L.L.C. is a large advisory firm based in New York. It manages $8.15 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of New York and Texas.

Crestview Advisors, L.L.C 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.

Crestview Advisors, L.L.C: assets under management

The assets under management (AUM) of Crestview Advisors, L.L.C. is $8.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and $6.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.25 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crestview Advisors, L.L.C. 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.

What kind of clients Crestview Advisors, L.L.C serves?

The only and largest group of clients of Crestview Advisors, L.L.C is pooled investment vehicles with 28 clients and $8.15 billion of assets under management. Among the 10 most similar advisory firms, Crestview Advisors, L.L.C has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.15 billion for 28 clients. 71% of the firm’s clients are foreign persons or businesses.

Crestview Advisors, L.L.C also advises several private funds. Namely, twenty eight private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $1,000,000.

Careers at Crestview Advisors, L.L.C.

The company employs 33 people that are either part- or full-time employees. 70 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
Barry Stuart Volpert	Co-founder & chief executive officer	1 Oct 2004	Other	1659566
Thomas Sawyer Murphy	Co-founder & managing director	1 Oct 2004	Other	1690223
Richard Michael Demartini	Managing director	1 Apr 2005	Other	809586
L.P. Volpert Investors Ii	Member	1 Jul 2006	25% - 50%	02-0811807
L.P. Murphy Investors Ii	Member	1 Jul 2006	Other	20-8647621
Evelyn Christine Pellicone	Chief financial officer	1 Mar 2007	Other	2593969
Robert Vincent Delaney	Managing director	1 Aug 2007	Other	1725438
L.P. Demartini Investors Ii	Member	1 Jan 2008	Other	90-0431656
Robert J. Hurst Revocable Trust	Member	1 Jan 2008	Other	xxx-xx-xxxx
The 2010 Delaney Family Llc	Member	1 Jan 2010	Other	27-2216233
Inc. J&N Ventures	Member	1 Jan 2010	Other	75-2810262
Ross Andrew Oliver	Senior counsel & chief compliance officer	1 Sep 2011	Other	6026397

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Alan Marcus	Shareholder	1 Mar 1999	75% - 100%	1472275
Barry Stuart Volpert	Member	1 Jul 2004	75% - 100%	1659566
Thomas Sawyer Murphy	Member	1 Aug 2004	75% - 100%	1690223
Robert Jay Hurst	Trustee	1 Apr 2005	Other	601414
Barry Stuart Volpert	Limited partner	1 Jul 2006	75% - 100%	1659566
L.L.C. Volpert Investors	General partner	1 Jul 2006	Other	xxx-xx-xxxx
L.L.C. Murphy Investors	General partner	1 Jul 2006	Other	xxx-xx-xxxx
Thomas Sawyer Murphy	Limited partner	1 Jul 2006	75% - 100%	1690223
L.L.C. Demartini Investors	General partner	1 Mar 2008	Other	xxx-xx-xxxx
Richard Michael Demartini	Limited partner	1 Mar 2008	75% - 100%	809586
Robert Vincent Delaney	Member	1 Mar 2010	75% - 100%	1725438

Based in New York

The principal office where Crestview Advisors, L.L.C. performs its advisory services is located at 590 Madison Avenue, New York, NY 10022 8531, 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 212-906-0700 or by fax 212-906-0794. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at crestview.com.