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New Africa Advisers Inc (Durham)


New Africa Advisers Inc is a large advisory firm based in Durham. It manages $51.12 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Maryland and North Carolina.

New Africa Advisers provides portfolio management for investment companies and 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.

New Africa Advisers: assets under management

The assets under management (AUM) of New Africa Advisers Inc is $51.12 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.


The firm manages $51.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.56 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay New Africa Advisers Inc for their services and products based on a percentage of assets under management. 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.

Based in Durham

The principal office where New Africa Advisers Inc performs its advisory services is located at 103 West Main Street, Durham, NC 27701 3638, 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 919-68-0620 or by fax 919-688-5333. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday.


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