Alternative Strategies Group, Inc. (Charlotte)

Alternative Strategies Group, Inc. is a large advisory firm based in Charlotte. It manages $3.68 billion of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Delaware, Massachusetts, and North Carolina.

Alternative Strategies Group provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Alternative Strategies Group: assets under management

The assets under management (AUM) of Alternative Strategies Group, Inc. is $3.68 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.68 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.76 million each.

Alternative Strategies Group has custody of $2.7 billion in cash and securities for 58 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alternative Strategies Group, Inc. 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.

Careers at Alternative Strategies Group, Inc.

Dean Junkans has been acting as President since 1 Jul 2009. Adam Ira Taback joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Adam Ira Taback	Director, president	1 Feb 2003	Other	2378786
Sheelpa Patel Brown	Chief compliance officer	1 Feb 2005	Other	3265908
Yukari Nakano	Senior vice president, chief operating officer	1 Apr 2005	Other	4873454
Wachovia Corporation	Shareholder	1 Jan 2009	75% - 100%	26-3918610
Britta P Patterson	Director, chief administrative officer	1 Jul 2009	Other	5685868
Lloyd Lipsett	Senior vice president, legal, & secretary	1 Jul 2009	Other	5685870
Dean Junkans	Director	1 Jul 2009	Other	5694319
Phil Bancroft	Senior vice president, chief financial officer, & treasurer	1 Jul 2009	Other	5698156
Britta Perkio Patterson	Director, senior vice president, chief administrative officer	1 Jul 2009	Other	5685868
Wells Fargo & Company	Shareholder	1 Nov 2009	75% - 100%	41-0449260
Michael Edward Roman	Chief financial officer	1 May 2010	Other	5880012
Doretta Louise Dunegan	Chief compliance officer	1 Aug 2011	Other	2200106
Robert William Franklin	Director of communications	1 Mar 2013	Other	2004477
Sean Michael Nicolosi	Director, senior vice president, chief operating officer	1 Apr 2014	Other	4082275
Brigid Breen	Chief compliance officer	1 Sep 2014	Other	4158011
Adam Ira Taback	Managing director	1 Nov 2014	Other	2378786
Robert William Franklin	Senior vice president and director of communications	1 Nov 2014	Other	2004477
James Frank Angelos	Senior vice president and chief compliance officer	1 Nov 2014	Other	2477481
Dean Junkans	President and chief investment officer, director (board member)	1 Nov 2014	Other	5694319
David Matthew Carroll	Director (board member)	1 Nov 2014	Other	6034191
James Paul Steiner	Director (board member)	1 Nov 2014	Other	2250568
Gregory Scott Sigmund	Chief operating officer	1 Nov 2014	Other	1229174
Gregory Thomas Maddox	Managing director	1 Nov 2014	Other	2148995

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Wells Fargo And Company	Shareholder	1 Dec 2008	75% - 100%	41-0449260

Based in Charlotte

The principal office where Alternative Strategies Group, Inc. performs its advisory services is located at 401 South Tryon Street, Charlotte, NC 28202, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-715-4564 or by fax 704-383-5187. The normal business hours are 8 am - 5 pm on Monday - Friday.