Probabilities Fund Management, LLC is a large advisory firm based in White Plains. It manages $141.53 million of regulatory assets for 98 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.
Probabilities Fund Management provides portfolio management for individuals and small businesses and portfolio management for investment companies. 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 Probabilities Fund Management, LLC is $141.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 254% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Probabilities Fund Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to individuals, investment companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of David Paul Rabin is investment companies with 2 clients and $57.18 million of assets under management. Among the 8 most similar advisory firms, Probabilities Fund Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $141.53 million for 97 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.
Probabilities Fund Management doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.
Probabilities Fund Management, LLC is owned by Robert Burns Ausdal. David Paul Rabin has been acting as President since 1 Aug 2014. Allen Dudley Shepard joined the executive team most recently as the Owner.
The principal office where Probabilities Fund Management, LLC performs its advisory services is located at 8 Cottage Place, White Plains, NY 10601, 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 800-519-0438 or by fax 888-564-1376. The normal business hours are 6:30 a.m. - 3:30 p.m. on Monday - Friday. You can find more information about the New York firm at probabilitiesfund.com.