North Island Manageco, LLC (New York City)

North Island Manageco, LLC is a large advisory firm based in New York City. It manages $1.03 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017.

North Island Manage provides 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.

North Island Manage: assets under management

The assets under management (AUM) of North Island Manageco, LLC is $1.03 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.03 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay North Island Manageco, 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 North Island Manage serves?

The only and largest group of clients of North Island Manage is pooled investment vehicles with 1 clients and $1.03 billion of assets under management. Among the 10 most similar advisory firms, North Island Manage has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.03 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

North Island Manage also advises several private funds. Namely, one private equity fund.

Careers at North Island Manageco, LLC

The company employs 6 people that are either part- or full-time employees. 83 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Glenn Hogan Hutchins	Member	1 Apr 2017	50% - 75%	2544351
Robert (Nmn) Greifeld	Member	1 Apr 2017	50% - 75%	2921212
Jeremy Davenport Henderson	Chief compliance officer	1 Apr 2017	Other	1506737

Based in New York City

The principal office where North Island Manageco, LLC performs its advisory services is located at 667 Madison Avenue, New York City, NY 10065, 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 929-394-0010. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.