Gao Management LLC (Las Vegas)

Gao Management LLC is an internet adviser based in Las Vegas. It manages $130 thousand of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Nevada.

Gao Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gao Management: assets under management

The assets under management (AUM) of Gao Management LLC is $130 thousand, all of which is managed in discretionary accounts. The firm's AUM has gone down by -74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $65 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gao Management 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.

What kind of clients Gao Management serves?

The only and largest group of clients of Gao Management is individuals with 2 clients and $130 thousand of assets under management. Among the 0 most similar advisory firms, Gao Management has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $130 thousand for 2 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.

Gao Management doesn't advise any private funds.

Careers at Gao Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
De Gao	Chief compliance officer / member	1 Jul 2016	75% - 100%	6689009

Based in Las Vegas

The principal office where Gao Management LLC performs its advisory services is located at 325 E Warm Springs Rd, Las Vegas, NV 89119 The mailing address of the firm is 10927 Vista Marbella Ave, Las Vegas, NV 89144. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-379-8299. The normal business hours are 9am - 5pm on Monday - Friday.