Siridean Advisors LLC (New York)

Name: Siridean Advisors LLC
Address: 295 Madison Avenue, New York, NY, 10017
Telephone: 212-765-9804

Siridean Advisors LLC is a mid-sized advisory firm based in New York. It manages $56.61 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Siridean Advisors provides portfolio management for individuals and small businesses, 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.

Siridean Advisors: assets under management

The assets under management (AUM) of Siridean Advisors LLC is $56.61 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.92 million in discretionary accounts and $47.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.38 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 98% of the total AUM. The second-largest asset type is other assets, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Siridean Advisors LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Siridean Advisors serves?

The only and largest group of clients of Siridean Advisors is individuals with 9 clients and $26.91 million of assets under management. Among the 4 most similar advisory firms, Siridean Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $26.91 million for 9 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.

Siridean Advisors doesn't advise any private funds.

Careers at Siridean Advisors LLC

The company employs 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred George Jackson	Managing member	1 May 2008	50% - 75%	1419382
Donald James Jackson	Managing member/chief compliance officer	1 May 2008	50% - 75%	1275760

Based in New York

The principal office where Siridean Advisors LLC performs its advisory services is located at 295 Madison Avenue, New York, NY 10017, 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 212-765-9804 or by fax 212-765-9611. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at sirideanadvisors.com/.