Horizons Etfs Management (Us) LLC (New York)

Name: Horizons Etfs Management (Us) LLC
Address: 625 Madison Avenue, New York, NY, 10022
Telephone: 212-205-8300

Horizons Etfs Management (Us) LLC is a large advisory firm based in New York. It manages $279.35 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2017.

Horizons Etfs Management (Us) provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Horizons Etfs Management (Us): assets under management

The assets under management (AUM) of Horizons Etfs Management (Us) LLC is $279.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 215% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $279.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.84 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Horizons Etfs Management (Us) 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 Horizons Etfs Management (Us) serves?

The only and largest group of clients of Horizons Etfs Management (Us) is investment companies with 4 clients and $279.35 million of assets under management. Among the 12 most similar advisory firms, Horizons Etfs Management (Us) has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $279.35 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Horizons Etfs Management (Us) doesn't advise any private funds.

Careers at Horizons Etfs Management (Us) LLC

The company employs 9 people that are either part- or full-time employees. 33 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
Garrett Keith Paolella	Ceo	1 Oct 2013	Other	5348547
Horizons Etfs Management (Usa) Llc	Member	1 Jan 2017	75% - 100%	164966
Robert Earl Shea	Cfo	1 Feb 2017	Other	2570266
Thomas Nicholas Calabria	Cco	1 Feb 2017	Other	2780599

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hyeon Joo Park	Shareholder	1 Jan 2006	75% - 100%	5547860
Mirae Asset Global Etfs Holdings Ltd.	Member	1 Mar 2017	75% - 100%	n/a
Ltd. Mirae Asset Global Investments Co.	Shareholder	1 Mar 2017	75% - 100%	n/a

Based in New York

The principal office where Horizons Etfs Management (Us) LLC performs its advisory services is located at 625 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Stamford, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-205-8300 or by fax 212-205-8390. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at horizonsetfsus.com.