Fourpoints Asset Management, Inc. (New York)

Name: Fourpoints Asset Management, Inc.
Address: One Penn Plaza, New York, NY, 10119
Telephone: 212-687-3290

Fourpoints Asset Management, Inc. is a large advisory firm based in New York. It manages $111.89 million of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Fourpoints Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and trusts and estates and charitable institutions. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fourpoints Asset Management: assets under management

The assets under management (AUM) of Fourpoints Asset Management, Inc. is $111.89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -31% since the beginning of its operation, and $8.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $111.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.02 million each.

Fourpoints Asset Management has custody of $11.61 million in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fourpoints Asset Management, Inc. 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 Zoltan Hankovszky serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Zoltan Hankovszky is pooled investment vehicles with 3 clients and $55.87 million of assets under management. Among the 7 most similar advisory firms, Fourpoints Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $111.89 million for 37 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Fourpoints Asset Management also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Fourpoints Asset Management, Inc.

The company employs 3 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.

Zoltan Hankovszky has been acting as President since 1 Oct 1998. Nathalie Martin Pelras joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Beatrice Philippe	Shareholder, chairman of board, managing director, president and chief compliance officer	1 Sep 1981	25% - 50%	4349460
Zoltan Hankovszky	Director	1 Oct 1998	Other	4349603
Garnett Lee Keith	Director	1 Oct 1998	Other	1475168
Michel Raud	Director and shareholder	1 Aug 2009	Other	4349685
Philippe Family Partnership	Shareholder	1 Aug 2009	Other	13-3872595
Societe Civil Charlie S.A.	Shareholder	1 Aug 2009	Other	foreign
Philippe Family Llc	Shareholder	1 Aug 2009	Other	13-3872595
Anne Philippe Vaysse	Shareholder	1 Aug 2009	Other	4345312
Louiza Ferrara	Vice president	1 Aug 2011	Other	5015992
Fourpoints Investment Managers S.A.S	Shareholder	1 May 2012	Other	164612
Jacques Vaysse	Shareholder	1 Sep 2012	Other	4345305
Muriel Faure	Director	1 Dec 2013	Other	4739794
Marlene Alva	Director	1 Dec 2013	Other	6309491
Louiza Ferrara	Vice president and shareholder	1 Mar 2015	Other	5015992
Patricia Joan Reischour	Treasurer and shareholder	1 Mar 2015	Other	862841
Inc. Fourpoints Asset Management	Shareholder	1 Sep 2016	Other	110150
Nathalie Martin Pelras	Director	1 Nov 2017	Other	6931917
Patrick Ganansia	Director	1 Nov 2017	Other	6871427

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Patrick Ganansia	Shareholder	1 Jul 2014	75% - 100%	6871427
Vendyssee Finance	Shareholder	1 Sep 2017	75% - 100%	foreign

Based in New York

The principal office where Fourpoints Asset Management, Inc. performs its advisory services is located at One Penn Plaza, New York, NY 10119, 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 212-687-3290 or by fax 212-687-3418. The normal business hours are 9:00am-5:30pm on Monday - Friday. You can find more information about the New York firm at fourpointsam.com.