Twentyfour Asset Management (Us) LP (New York)
Twentyfour Asset Management (Us) LP is a large advisory firm based in New York. It manages $7.45 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2016.
Twentyfour Asset Management (Us) provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and subadvisory services to other investment advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Twentyfour Asset Management (Us): assets under management
The assets under management (AUM) of Twentyfour Asset Management (Us) LP is $7.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 133% since the beginning of its operation, and $7.36 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Twentyfour Asset Management (Us) LP 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.
What kind of clients Twentyfour Asset Management (Us) serves?
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Twentyfour Asset Management (Us) is pooled investment vehicles with 11 clients and $7.36 billion of assets under management. Among the 11 most similar advisory firms, Twentyfour Asset Management (Us) has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $7.45 billion for 12 clients. 92% of the firm’s clients are foreign persons or businesses.
Twentyfour Asset Management (Us) doesn't advise any private funds.
Careers at Twentyfour Asset Management (Us) LP
The company employs 2 people that are either part- or full-time employees. 100 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
Indirect Owners
The SEC currently registers 2 indirect owners.Based in New York
The principal office where Twentyfour Asset Management (Us) LP performs its advisory services is located at 1540 Broadway, New York, NY 10036, 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 442070158905. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at twentyfouram.com.
Registered investment advisers similar to Twentyfour Asset Management (Us) LP
- Avalon Advisors
- W.E. Family Offices
- Berger
- Murphy Acquisition
- Hpm Partners
- Wintrust Investments
- Cavanal Hill Investment Management
- Corsair Capital
- Highmark Capital Management
- State Farm Investment Management Corp
- Samson Capital Advisors
- Tobam S.A.S
- Axonic Capital
- National Life Investment Management
- Lgt Capital Partners (Usa)