Black Swift Group, LLC is a large advisory firm based in Denver. It manages $228.91 million of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Colorado.
Black Swift Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other 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.
The assets under management (AUM) of Black Swift Group, LLC is $228.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and $72 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Black Swift Group, 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Black Swift Group is high net worth individuals with 28 clients and $103.44 million of assets under management. Among the 10 most similar advisory firms, Black Swift Group has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $218.01 million for 64 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.
Black Swift Group also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 3 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.
The principal office where Black Swift Group, LLC performs its advisory services is located at 1899 Wynkoop Street, Denver, CO 80202, 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 303-955-4381 or by fax 720-414-8810. The normal business hours are 8am-4pm on Monday - Friday. You can find more information about the New York firm at blackswiftgroup.com/.