Orchard Platform Advisors, LLC (New York)

Name: Orchard Platform Advisors, LLC
Address: 55 West 21 St Street, New York, NY, 10010
Telephone: 646-918-5012

Orchard Platform Advisors, LLC is a mid-sized advisory firm based in New York. It manages $73.8 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Orchard Platform Advisors provides non-discretionary order management, administrative, analytical and informational services regarding marketplace lending products. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Orchard Platform Advisors: assets under management

The assets under management (AUM) of Orchard Platform Advisors, LLC is $73.8 million. $47.01 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Orchard Platform Advisors, 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 Orchard Platform Advisors serves?

The only and largest group of clients of Orchard Platform Advisors is other investment advisers with 3 clients and $22.02 million of assets under management. Among the 6 most similar advisory firms, Orchard Platform Advisors has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $22.02 million for 3 clients. 40% of the firm’s clients are foreign persons or businesses.

Orchard Platform Advisors doesn't advise any private funds.

Careers at Orchard Platform Advisors, LLC

The company employs 11 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

Name	Entity	Date acquired	Ownership	Employer ID
Inc Orchard App	Owner	1 Jan 2014	75% - 100%	46-3489494
Angela Galardi Ceresnie	Cco	1 Jan 2014	Other	6296827
Matthew Burton	Ceo	1 Jan 2014	Other	6296829
Snitkof David	Cio	1 Jan 2014	Other	6296828
David Noah Snitkof	Cio	1 Jan 2014	Other	6296828
Matthew Daniel Burton	Chief executive officer - elected member	1 Jan 2014	Other	6296829
Mark B Solomon	General counsel	1 Jun 2015	Other	5316609
Jill Ellen Bening	Cco	1 Feb 2016	Other	4004344
William Alexander Ullman	Chief commercial officer	1 Jun 2016	Other	1991837
Ian James Miller	Chief compliance officer	1 Dec 2016	Other	4999695
Kevin Joseph Doldan	Chief financial officer	1 Feb 2017	Other	5008752
Jill Ellen Ehret	Chief compliance officer	1 Nov 2017	Other	4004344

Based in New York

The principal office where Orchard Platform Advisors, LLC performs its advisory services is located at 55 West 21 St Street, New York, NY 10010, 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 646-918-5012 or by fax 866-620-5399. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at orchardplatform.com.