Octagon Finance LLC (Charlottesville)

Name: Octagon Finance LLC
Address: 126 Garrett Street, Charlottesville, VA, 22902
Telephone: 434-977-7770

Octagon Finance LLC is a large advisory firm based in Charlottesville. It manages $279.84 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Virginia.

Octagon Finance 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.

Octagon Finance: assets under management

The assets under management (AUM) of Octagon Finance LLC is $279.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $279.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.96 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Octagon Finance 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 Octagon Finance serves?

The only and largest group of clients of Octagon Finance is pooled investment vehicles with 4 clients and $279.84 million of assets under management. Among the 7 most similar advisory firms, Octagon Finance has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $279.84 million for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Octagon Finance also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Octagon Finance LLC

The company employs 8 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
Llc Squiggly	Member	1 May 2011	25% - 50%	45-3689318
John P. Williamson	Managing member	1 May 2011	25% - 50%	6863273
John Alfred Stalfort	Managing member	1 May 2011	25% - 50%	2225094
Smith Ashley	Chief compliance officer and chief financial officer	1 Sep 2017	Other	6864411

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Rolando Cohen	Member	1 Jun 2008	75% - 100%	6863292
Pistols Llc	Member	1 May 2011	25% - 50%	4988122
Stephen Holt	Member	1 May 2011	75% - 100%	6863410
Sc Capital Asset Management Llc	Member	1 May 2011	75% - 100%	27-1816671

Based in Charlottesville

The principal office where Octagon Finance LLC performs its advisory services is located at 126 Garrett Street, Charlottesville, VA 22902, 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 434-977-7770. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at octagonfinance.com/.