Coherence Capital Partners LLC is a large advisory firm based in New York. It manages $273.41 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012.
Coherence Capital Partners provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Coherence Capital Partners LLC is $273.41 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -9% since the beginning of its operation, and $191 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Coherence Capital Partners 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Vincent Nathan Mistretta is pooled investment vehicles with 3 clients and $191.37 million of assets under management. Among the 12 most similar advisory firms, Coherence Capital Partners has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $209.79 million for 5 clients. 29% of the firm’s clients are foreign persons or businesses.
Coherence Capital Partners also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 11 people that are either part- or full-time employees. 36 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.
Vincent Nathan Mistretta has been acting as President since 1 Jan 2012. Robert Ronald Del Grande joined the executive team most recently as the Chief Compliance Officer Chief Financial Officer.
The principal office where Coherence Capital Partners LLC performs its advisory services is located at 515 Madison Avenue, New York, NY 10022, 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 646-569-6740 or by fax 646-569-6779. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at coherencecap.com/.