Gfc Advisers LLC (New York)


Gfc Advisers LLC is a mid-sized advisory firm based in New York. It manages $28.56 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Gfc Advisers provides portfolio management for businesses and institutional clients and investment advice to luxembourg-registered sicav and investments 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.

Gfc Advisers: assets under management

The assets under management (AUM) of Gfc Advisers LLC is $28.56 million. The firm's AUM has gone down by -82% since the beginning of its operation, and $28.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $16.9 million in discretionary accounts and $11.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.83 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gfc Advisers LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Gfc Advisers serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Gfc Advisers is pooled investment vehicles with 1 clients and $16.9 million of assets under management. Among the 4 most similar advisory firms, Gfc Advisers has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $28.56 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Gfc Advisers doesn't advise any private funds.

Careers at Gfc Advisers LLC

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


Name Entity Date acquired Ownership Employer ID
Francesco Confuorti President, chief financial officer, chief operations officer 1 Sep 2000 75% - 100% 1288234
Giuseppe Confuorti Member, chief compliance officer 1 Aug 2011 Other 2517064

Based in New York

The principal office where Gfc Advisers LLC performs its advisory services is located at 355 South End Avenue, New York, NY 10280, 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 212-349-8999 or by fax 212-349-0934. The normal business hours are 9:00 a.m. - 4:00 p.m. on Monday - Friday.