The Electrum Group LLC (New York)

The Electrum Group LLC is a large advisory firm based in New York. It manages $1.09 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Colorado.

The Electrum Group provides portfolio management for pooled investment vehicles. 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 Electrum Group: assets under management

The assets under management (AUM) of The Electrum Group LLC is $1.09 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and $1.09 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $217.58 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Electrum Group LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Michael Halbert Williams serves?

The only and largest group of clients of Michael Halbert Williams is pooled investment vehicles with 5 clients and $1.09 billion of assets under management. Among the 12 most similar advisory firms, The Electrum Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.09 billion for 5 clients. 100% of the firm’s clients are foreign persons or businesses.

The Electrum Group also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at The Electrum Group LLC

The company employs 15 people that are either part- or full-time employees. 67 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.

Michael Halbert Williams has been acting as President since 1 Mar 2012. Ali Reza Erfan joined the executive team most recently as the Director And Co Vice Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Scott Kaplan	Chairman, chairman of the board and director	1 Oct 2011	Other	6027494
Robert Morton Newman	Director	1 Oct 2011	Other	347244
Igor Levental	Director	1 Oct 2011	Other	6067291
Kaplan Family Trust	Member	1 Oct 2011	Other	11-1111112
Daphne Matilde Recanati Kaplan	Member	1 Oct 2011	Other	6027505
Andrew Mark Shapiro	General counsel	1 Jan 2012	Other	4828891
Igor Levental	President	1 Jan 2012	Other	6067291
Igor Nmn Levental	President	1 Jan 2012	Other	6067291
Mark David Wallace	Director/chief operating officer	1 Jan 2012	Other	6027507
Steven Slocum Drachman	Chief compliance officer	1 Jan 2012	Other	3235678
Michael Halbert Williams	Director	1 Mar 2012	Other	6067272
Teg Services Holding Inc.	Member	1 Jan 2013	75% - 100%	46-1834008
Eric Nelson Vincent	Director/chief executive officer	1 Jan 2013	Other	3192879
Joshua Aaron Fink	Director and vice-chairman	1 Feb 2013	Other	3254919
Emily Rowland	Chief compliance officer and associate general counsel	1 Feb 2013	Other	6171318
Thomas Alexander Mastrobuoni	Senior vice president finance	1 Apr 2013	Other	4838923
Ali Reza Erfan	Director and co-vice chairman	1 Feb 2018	Other	6920730

Indirect Owners

The SEC currently registers 17 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Natbony	Trustee	1 Feb 2004	Other	6027510
William Natbony	Trustee	1 Apr 2004	Other	6027510
Thomas S. Kaplan 2004 Ten Year Annuity Trust	Member	1 Jul 2006	50% - 75%	13-7398635
William Natbony	Manager	1 Jul 2007	Other	6027510
New Generations Trust	Shareholder	1 Dec 2007	75% - 100%	foreign
Butterfield Trust (Bermuda) Limited	Trustee	1 Dec 2007	Other	foreign
Grat Holdings Llc	Member	1 Jan 2008	75% - 100%	26-0405678
William Natbony	Manager	1 Jan 2008	Other	6027510
Dafna Kaplan 2003 Eight Year Annuity Family Trust	Member	1 Jan 2012	50% - 75%	35-6952602
William Natbony	Trustee	1 Jan 2012	Other	6027510
Grat Holdings Llc	Member	1 May 2012	75% - 100%	26-0405678
Cgt Management Ltd	Shareholder	1 Jan 2013	25% - 50%	foreign
Leopard Holdings Llc	Shareholder	1 Jan 2013	25% - 50%	30-0516605
Thomas S. Kaplan 2004 Ten Year Annuity Family Trust	Member	1 Apr 2014	50% - 75%	46-7420988
William Natbony	Trustee	1 Apr 2014	Other	6027510
William Nmn Natbony	Trustee	1 Apr 2014	Other	6027510
Thomas Scott Kaplan	Sole member of asset committee	1 Apr 2017	Other	6027494

Based in New York

The principal office where The Electrum Group LLC performs its advisory services is located at 535 Madison Avenue, 12 Th Floor, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-365-1600 or by fax 646-365-1601. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.