Altegris Advisors, LLC (La Jolla)

Altegris Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and asset allocation consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Altegris Advisors: assets under management

The assets under management (AUM) of Altegris Advisors, LLC is $2.48 billion. The firm's AUM has grown by 5894% since the beginning of its operation, and $243.31 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.25 billion in discretionary accounts and $230.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $93.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $25.58 million.

Altegris Advisors has custody of $782.57 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Altegris Advisors, LLC 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 Gurinder Singh Ahluwalia serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Gurinder Singh Ahluwalia is investment companies with 7 clients and $1.7 billion of assets under management. Among the 9 most similar advisory firms, Altegris Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.48 billion for 29 clients. 39% of the firm’s clients are foreign persons or businesses.

Altegris Advisors also advises several private funds. Namely, sixteen hedge funds and four other private funds. The minimum investment commitment required of non-related persons ranges from $1 to $100,000.

Careers at Altegris Advisors, LLC

The company employs 67 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gurinder Singh Ahluwalia has been acting as President since 1 Jan 2011. Jack Leon Rivkin has served as the Chief Investment Officer since 1 Jan 2014 and James David Waldinger is the Chief Executive Officer of Altegris Advisors, LLC family office. Kamal (Nmn) Jafarnia joined the executive team most recently as the Chief Compliance Officer General Counsel.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 16 indirect owners.

Based in La Jolla

The principal office where Altegris Advisors, LLC performs its advisory services is located at 1200 Prospect Street, La Jolla, CA 92037, 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 858-459-7040 or by fax 858-456-9209. The normal business hours are 7:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at altegris.com/ and its LinkedIn profile.

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