Tradeworx Inc (New York)

Name: Tradeworx Inc
Address: 90 Broad Street, New York, NY, 10004
Telephone: 212-509-3556

Tradeworx Inc is a large advisory firm based in New York. It manages $750 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001.

Tradeworx provides portfolio management for individuals and small businesses and 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.

Tradeworx: assets under management

The assets under management (AUM) of Tradeworx Inc is $750 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 461% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $750 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $125 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tradeworx Inc 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.

Careers at Tradeworx Inc

Michael J Beller has been acting as President since 1 Apr 1999. Richard Steven Flores joined the executive team most recently as the Ceo, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Manoj Narang	Chairman, director	1 Feb 1999	25% - 50%	2602119
Rishi K Narang	Shareholder	1 Feb 1999	Other	2846083
Michael J Beller	Chief technology officer, director	1 Feb 1999	Other	4378666
Manoj Narang	Chief executive officer, director, shareholder	1 Mar 1999	50% - 75%	2602119
Rishi Narang	President, coo, shareholder, director	1 Mar 1999	Other	2846083
Richard Steven Flores	Shareholder	1 Mar 1999	Other	2093152
Msd Portfolio Lp. Investments	Shareholder	1 Mar 1999	Other	13-4019104
Beller J Michael	Vice chairman and executive vice president, technology	1 Apr 1999	Other	4378666
Michael J Beller	Director	1 Apr 1999	Other	4378666
Inc. Individual Investor Group	Shareholder	1 May 2000	Other	13-3487784
Michael Barney Wolfensohn	Vice president of operations	1 Oct 2000	Other	1555476
Professional Automated Trading Systems	Shareholder	1 Nov 2000	Other	36-4242369
Manu Kalia	Chief financial officer	1 Dec 2000	Other	3105274
Brian Louis Becker	Vice president of product management	1 Jan 2001	Other	3232708
Richard Steven Flores	Ceo, director	1 Jan 2003	Other	2093152
Michael John Maguire	Cfo, cco	1 Jan 2003	Other	1566694

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Msd Capital L.P.	General partner	1 Nov 1998	Other	74-2880190
Msd Capital Management Llc	General partner	1 May 2000	Other	13-4118773
Michael Saul Dell	Managing member	1 May 2000	Other	4380839

Based in New York

The principal office where Tradeworx Inc performs its advisory services is located at 90 Broad Street, New York, NY 10004, which is also the mailing address of the firm. An additional office of the firm is in Red Bank, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-509-3556 or by fax 212-509-3557. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tradeworx.com.