Geocapital LLC (New York)

Geocapital LLC is a mid-sized advisory firm based in New York. It manages $36.99 million of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Florida, and 3 other states.

Geocapital provides portfolio management for individuals and small businesses and research advisory services to private equity & hedge fund limited partnerships. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Geocapital: assets under management

The assets under management (AUM) of Geocapital LLC is $36.99 million. The firm's AUM has gone down by -98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $18.17 million in discretionary accounts and $18.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $605.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.14 million.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Geocapital LLC 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 Irwin Lieber serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Irwin Lieber is pooled investment vehicles with 6 clients and $18.82 million of assets under management. Among the 2 most similar advisory firms, Geocapital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $36.99 million for 36 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Geocapital also advises several private funds. Namely, two hedge funds and four venture capital funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $25,000,000.

Careers at Geocapital LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Irwin Lieber has been acting as President since 1 Jan 1996. Geocapital Avisors Llc joined the executive team most recently as the Manager Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Wilma Judith Engel	Managing director	1 Aug 1994	Other	1225094
Irwin Lieber	Chairman/cio	1 Jan 1996	25% - 50%	309294
Irwin Nmn Lieber	Chairman/cio	1 Jan 1996	25% - 50%	309294
Barry Kent Fingerhut	President	1 Jan 1996	Other	829300
Geocapital Corporation ("Gcc")	Manager member	1 Sep 1997	50% - 75%	04-3218510
Amg Capital	Manager member	1 Sep 1997	50% - 75%	04-3218510
Jeanne Elizabeth Flaherty	Controller	1 Jan 1999	Other	4397485
Jonathan Craig Lieber	Vice president	1 Jan 1999	Other	1864357
Seth Andrew Lieber	Vice president	1 Jan 1999	Other	1542469
Kenneth Alan Freelund	Managing director	1 Apr 2002	Other	4036097
Jeanne Elizabeth Flaherty	Chief compliance officer	1 Aug 2004	Other	4397485
Geocapital Avisors Llc	Manager member	1 Oct 2006	50% - 75%	20-5755873

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Affiliated Managers Group	Sole stockholder of gcc	1 Sep 1997	75% - 100%	04-3218510
Geocapital Advisors Llc	Manage member	1 Oct 2006	50% - 75%	20-5755873

Based in New York

The principal office where Geocapital LLC performs its advisory services is located at 767 Third Avenue, New York, NY 10017 9998 The mailing address of the firm is 500 Mamaroneck Avenue, Harrison, NY 10528. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-486-4455 or by fax 212-486-4469. The normal business hours are 9am - 5pm on Monday - Friday.