Nautic Partners, LLC (Providence)

Name: Nautic Partners, LLC
Address: 50 Kennedy Plaza, Providence, RI, 02903 2393
Telephone: 401-278-6770

Nautic Partners, LLC is a large advisory firm based in Providence. It manages $3 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Rhode Island.

Nautic 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.

Nautic Partners: assets under management

The assets under management (AUM) of Nautic Partners, LLC is $3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 109% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.9 million each.

Nautic Partners has custody of $3 billion in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nautic Partners, 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 Nautic Partners serves?

The only and largest group of clients of Nautic Partners is pooled investment vehicles with 18 clients and $3 billion of assets under management. Among the 9 most similar advisory firms, Nautic Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3 billion for 18 clients. None of the firm’s clients are foreign persons or businesses.

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

Careers at Nautic Partners, LLC

The company employs 42 people that are either part- or full-time employees. 50 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
Habib Youssef Gorgi	Managing director	1 Jun 2000	Other	6026158
Scott Fitzgerald Hilinski	Managing director	1 Jun 2000	Other	6026182
Bernard Vincent Buonanno	Managing director	1 Jun 2000	Other	1981895
Michael William Joe	Chief compliance officer	1 Jun 2000	Other	2501040
Cynthia Leigh Balasco	Chief financial officer	1 Jun 2000	Other	6026291
Cynthia Lee Balasco	Chief financial officer	1 Jun 2000	Other	6026291
Christopher James Crosby	Managing director	1 Jan 2006	Other	2734090
Bradley Blair Wightman	Managing director	1 Jan 2006	Other	2169069
Douglas Charles Hill	Managing director	1 Sep 2008	Other	6026288
James Morgan Larowe	Managing director	1 Apr 2010	Other	2520161
Christopher F. Corey	Managing director	1 Aug 2014	Other	4844104
Christopher Alden Pierce	Managing director	1 Nov 2014	Other	5590493
Charles Rene Bartolini	Chief compliance officer and chief financial officer	1 Jan 2015	Other	6436210

Based in Providence

The principal office where Nautic Partners, LLC performs its advisory services is located at 50 Kennedy Plaza, Providence, RI 02903 2393, 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 401-278-6770 or by fax 401-278-6387. The normal business hours are 8:30am-6:00pm on Monday - Friday. You can find more information about the New York firm at nautic.com.