Kls Diversified Asset Management LP is a large advisory firm based in New York. It manages $17.45 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.
Kls Diversified Asset Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for privately managed accounts. 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 Kls Diversified Asset Management LP is $17.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1867% since the beginning of its operation, and $10.68 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Kls Diversified Asset Management LP 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.
The firm provides services to insurance companies, investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Kls Diversified Asset Management is pooled investment vehicles with 8 clients and $14.85 billion of assets under management. Among the 8 most similar advisory firms, Kls Diversified Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $17.45 billion for 13 clients. 31% of the firm’s clients are foreign persons or businesses.
Kls Diversified Asset Management also advises several private funds. Namely, five hedge funds and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $0 to $3,000,000.
The company employs 54 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
The principal office where Kls Diversified Asset Management LP performs its advisory services is located at 452 Fifth Avenue, New York, NY 10018, 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 212-905-0800 or by fax 212-905-0801. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at klsdiversified.com.