Seavest Investment Group, LLC (White Plains)

Name: Seavest Investment Group, LLC
Address: 707 Westchester Avenue, White Plains, NY, 10604
Telephone: (914) 269-0938

Seavest Investment Group, LLC is a large advisory firm based in White Plains. It manages $1.1 billion of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, District of Columbia, and New York.

Seavest Investment Group provides 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.

Seavest Investment Group: assets under management

The assets under management (AUM) of Seavest Investment Group, LLC is $1.1 billion. The firm's AUM has grown by 148% since the beginning of its operation, and $24.42 million of the total AUM is attributable to clients outside of the United States.

The firm manages $456.39 million in discretionary accounts and $644.58 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $161.14 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Seavest Investment Group, 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 Seavest Investment Group serves?

The only and largest group of clients of Seavest Investment Group is pooled investment vehicles with 29 clients and $1.1 billion of assets under management. Among the 7 most similar advisory firms, Seavest Investment Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.1 billion for 29 clients. None of the firm’s clients are foreign persons or businesses.

Seavest Investment Group also advises several private funds. Namely, eleven real estate funds, one other private fund, nine private equity funds, and eight venture capital funds. The minimum investment commitment required of non-related persons ranges from $0 to $200,000,000.

Careers at Seavest Investment Group, LLC

The company employs 28 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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
Richard David Segal	Managing member	1 Jan 2009	25% - 50%	6027721
Michael Edward Walden	Chief compliance officer / elected manager	1 Mar 2011	Other	6027718
Douglas Floyd Ray	Managing member	1 Apr 2012	25% - 50%	6027620
Jonathan Louis Winer	Managing member	1 Oct 2012	Other	1609444
Chowdhury Hossain Shakawat	Elected manager	1 Apr 2013	Other	6399040
Douglas Floyd Ray	Chief executive officer / seavest investment group llc	1 Oct 2013	25% - 50%	6027620
Richard David Segal	Founding chairman / seavest investment group llc	1 Oct 2013	25% - 50%	6027721
Chowdhury Hossain Shakawat	Chief financial officer / seavest investment group llc	1 Oct 2013	Other	6399040
Michael Edward Walden	Chief operating officer & venture partner / seavest investment group llc	1 Oct 2013	Other	6027718
Jonathan Louis Winer	Senior managing director & chief investment officer / seavest investment group llc	1 Oct 2013	Other	1609444
Seavest Inc.	Elected manager	1 Oct 2013	Other	46-5187681
Jenny Abramson	Founder & managing partner / rethink impact management llc	1 Jun 2015	50% - 75%	6777040
Joseph Maurice Dibartolo	Chief compliance officer / seavest investment group llc	1 May 2016	Other	1626360
Tracy Kate Abbott	Chief compliance officer / seavest investment group llc	1 Jul 2019	Other	3115002

Based in White Plains

The principal office where Seavest Investment Group, LLC performs its advisory services is located at 707 Westchester Avenue, White Plains, NY 10604, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (914) 269-0938 or by fax (914) 681-5182. The normal business hours are 9 am to 6 pm on Monday - Friday. You can find more information about the New York firm at rteducation.com/ and its LinkedIn profile.