Clarity Diversified Alternatives Portfolio Management Ltd. is a related adviser based in New York. It manages $23.43 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2015.
Clarity Diversified Alternatives Portfolio Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. 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 assets under management (AUM) of Clarity Diversified Alternatives Portfolio Management Ltd. is $23.43 million. The firm's AUM has gone down by -52% since the beginning of its operation, and $13.16 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Clarity Diversified Alternatives Portfolio Management Ltd. for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of David Russ Steinhardt is corporations or other businesses with 4 clients and $14.83 million of assets under management. Among the 3 most similar advisory firms, Clarity Diversified Alternatives Portfolio Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $23.43 million for 8 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 12% of the firm’s clients are foreign persons or businesses.
Clarity Diversified Alternatives Portfolio Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.
The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
David Russ Steinhardt has been acting as President since 1 Mar 2015. Adi Birk joined the executive team most recently as the Chief Compliance Officer And General Counsel.
The principal office where Clarity Diversified Alternatives Portfolio Management Ltd. performs its advisory services is located at 712 Fifth Avenue, New York, NY 10019, 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 212.610.2104 or by fax 646.304.9685. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at claritycap.com.