Gls Capital, LLC (Chicago)

Name: Gls Capital, LLC
Address: 444 West Lake Street, Chicago, IL, 60606 0070
Telephone: (312) 416-8656

Gls Capital, LLC is a mid-sized advisory firm based in Chicago. It manages $58.24 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Illinois.

Gls Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gls Capital: assets under management

The assets under management (AUM) of Gls Capital, LLC is $58.24 million, all of which is managed in discretionary accounts. $5.07 million of the total AUM is attributable to clients outside of the United States.

The firm manages $58.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.65 million each.

Gls Capital has custody of $6.19 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gls Capital, LLC 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.

What kind of clients Gls Capital serves?

The only and largest group of clients of Gls Capital is pooled investment vehicles with 2 clients and $53.16 million of assets under management. Among the 3 most similar advisory firms, Gls Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $53.16 million for 2 clients. 66% of the firm’s clients are foreign persons or businesses.

Gls Capital also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Gls Capital, LLC

The company employs 4 people that are either part- or full-time employees. 75 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 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
Adam James Christopher Gill	Managing director	1 Apr 2017	25% - 50%	7028142
Jamison Eric Lynch	Managing director and chief compliance officer	1 Apr 2017	25% - 50%	7028152
David Joseph Spiegel	Managing director	1 Apr 2017	25% - 50%	7028153
Colleen Farrell Arciniegas	Chief financial officer	1 Mar 2019	Other	6180443

Based in Chicago

The principal office where Gls Capital, LLC performs its advisory services is located at 444 West Lake Street, Chicago, IL 60606 0070, 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 (312) 416-8656. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/gls-capital-llc/ and its LinkedIn profile.