Alternative Debt Portfolios, LLC (Reno)

Name: Alternative Debt Portfolios, LLC
Address: 50 W. Liberty Street, Reno, NV, 89501
Telephone: 775.682.3000

Alternative Debt Portfolios, LLC is a large advisory firm based in Reno. It manages $45.43 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Nevada.

Alternative Debt Portfolios provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alternative Debt Portfolios: assets under management

The assets under management (AUM) of Alternative Debt Portfolios, LLC is $45.43 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $45.43 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alternative Debt Portfolios, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

Careers at Alternative Debt Portfolios, LLC

Anders Hans Jorgen Hedqvist has been acting as President since 1 Sep 2004. David Gegan Hyman joined the executive team most recently as the Controller.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric John Gangloff	Managing director/cco/iar	1 Oct 2003	Other	5043584
Leroy L Hovis	Director	1 Oct 2003	Other	5053581
Niels David Andersen	Director	1 Oct 2003	Other	5053584
Llc Alternative Capital Solutions	Member	1 Oct 2003	25% - 50%	83-0327295
Gangloff & Associates Inc.	Member	1 Oct 2003	25% - 50%	88-0474888
Inc. Q Financial	Member	1 Oct 2003	25% - 50%	33-0843312
Anders Hans Jorgen Hedqvist	Director	1 Sep 2004	Other	5053579
Wayne Martin Crane	Executive vice president	1 Oct 2006	Other	5237283
Tony Brada	Vp, operations	1 Jan 2007	Other	5273162
Charles William Valunas	Vp of operations	1 Mar 2007	Other	5315918
David Gegan Hyman	Controller	1 Apr 2007	Other	5315923

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Niels David Andersen	Managing member	1 Jun 1995	75% - 100%	5053584
Leroy L Hovis	President	1 Jan 1999	75% - 100%	5053581
Eric John Gangloff	President	1 Oct 2000	75% - 100%	5043584

Based in Reno

The principal office where Alternative Debt Portfolios, LLC performs its advisory services is located at 50 W. Liberty Street, Reno, NV 89501, 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 775.682.3000 or by fax 775.682.3050. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at www.adpfund.com.