Signition LP (New York)

Signition LP is a large advisory firm based in New York. It manages $604.6 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Signition 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.

Signition: assets under management

The assets under management (AUM) of Signition LP is $604.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 476% since the beginning of its operation, and $538.09 million of the total AUM is attributable to clients outside of the United States.

The firm manages $604.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $201.53 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Signition LP 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 Signition serves?

The only and largest group of clients of Signition is pooled investment vehicles with 3 clients and $604.6 million of assets under management. Among the 10 most similar advisory firms, Signition has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $604.6 million for 3 clients. 89% of the firm’s clients are foreign persons or businesses.

Signition also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Signition LP

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
Gsr Partners Llc	General partner	1 Apr 2014	Other	47-4211243
Mu Lllp	Limited partner	1 Apr 2014	25% - 50%	47-5573300
Modulo One Lp	Limited partner	1 Apr 2014	25% - 50%	47-5597279
Drala One Lp	Limited partner	1 Apr 2014	25% - 50%	47-5588115
George (Nmn) Zweig	Limited partner	1 Apr 2014	Other	6582675
Shane Martin Haas	Limited partner	1 Apr 2014	Other	5304364
Ravi (Nmn) Chander	Limited partner	1 Apr 2014	Other	6582679
Drala One Lp	Limited partner	1 Apr 2015	25% - 50%	47-5588115
Gsr Partners Llc	General partner	1 Apr 2015	Other	47-4211243
Mu Lllp	Limited partner	1 Apr 2015	25% - 50%	47-5573300
Modulo One Lp	Limited partner	1 Apr 2015	25% - 50%	47-5597279
George (Nmn) Zweig	Principal	1 Apr 2015	Other	6582675
Shane Martin Haas	Principal	1 Apr 2015	Other	5304364
Ravi (Nmn) Chander	Principal	1 Apr 2015	Other	6582679
Jeffrey Evan Sarrett	Chief financial officer / chief compliance officer	1 Nov 2015	Other	2419554

Based in New York

The principal office where Signition LP performs its advisory services is located at 900 Third Avenue, New York, NY 10022, 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 212-610-2794. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday.