The ADVANCED PORTFOLIO MANAGEMENT, LLC is a privately held investment adviser that advises $2.25Bn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. ADVANCED PORTFOLIO MANAGEMENT, LLC is a SMA An SMA manager is a manager whose >=75% of total assets under management are in separately managed accounts, which are discretionary client-specific accounts rather than pooled vehicles. Manager. Assets increased by 110,785.59% over the last 5-years.
The Group has been registered with the SEC for 20.04 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 1330 AVENUE OF THE AMERICAS 36TH FLOOR, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 11 employees comprised of 4 investment and 7 non-investment staff. The total number of Employees increased by 22.22% over the last 5-years.
Their $2.25Bn in assets advised are owned by 1 private fund, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $148.04mn or 6.57% of Total Assets.
The Group's top investment strategies include Long/Short Equity, representing 100% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
ADVANCED PORTFOLIO MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In ADVANCED PORTFOLIO MANAGEMENT, LLC's case, they have 8 business conditions that require high process maturity and 1 Watch Factors.