Alta Fundamental Advisers LLC (New York)

Alta Fundamental Advisers LLC is a large advisory firm based in New York. It manages $328.84 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.


Alta Fundamental Advisers LLC is a large advisory firm based in New York. It manages $328.84 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Alta Fundamental Advisers provides portfolio management for individuals and small businesses, 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.

Alta Fundamental Advisers: assets under management

The assets under management (AUM) of Alta Fundamental Advisers LLC is $328.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 153% since the beginning of its operation, and $67.85 million of the total AUM is attributable to clients outside of the United States.


The firm manages $328.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.98 million each.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alta Fundamental Advisers 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 Alta Fundamental Advisers serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Alta Fundamental Advisers is pension and profit sharing plans with 2 clients and $222.15 million of assets under management. Among the 13 most similar advisory firms, Alta Fundamental Advisers has the highest percentage of pension and profit sharing plans out of all clients.


The amount of regulatory assets under management is $328.84 million for 7 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 29% of the firm’s clients are foreign persons or businesses.

Alta Fundamental Advisers also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Alta Fundamental Advisers LLC

The company employs 5 people that are either part- or full-time employees. 60 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


Based in New York

The principal office where Alta Fundamental Advisers LLC performs its advisory services is located at 777 Third Avenue Suite 19 A, New York, NY 10017, 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 212-319-1778 or by fax 212-319-1105. The normal business hours are 8:00am - 6:00pm on Monday - Friday.

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