Lagoda Investment Management, L.P. (New York)

Lagoda Investment Management, L.P. is a large advisory firm based in New York. It manages $276.3 million of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Colorado, Connecticut, and 5 other states.

Lagoda Investment Management provides portfolio management for individuals and small businesses 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.

Lagoda Investment Management: assets under management

The assets under management (AUM) of Lagoda Investment Management, L.P. is $276.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -22% since the beginning of its operation, and $8.29 million of the total AUM is attributable to clients outside of the United States.

The firm manages $276.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.12 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lagoda Investment Management, L.P. for their services and products based on a percentage of assets under management. 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.

What kind of clients Lagoda Investment Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Lagoda Investment Management is high net worth individuals with 44 clients and $138.38 million of assets under management. Among the 11 most similar advisory firms, Lagoda Investment Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $276.3 million for 67 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Lagoda Investment Management doesn't advise any private funds.

Careers at Lagoda Investment Management, L.P.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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 Lagoda Investment Management	General partner	1 Feb 2014	Other	46-4750512
Allen Williams Zern	Limited partner	1 Feb 2014	Other	476355
Youngdawn Daniel Ha	Limited partner, managing principal	1 Mar 2014	Other	5328362
Patrick Anthony Keenan	Chief financial officer and chief compliance officer	1 Mar 2014	Other	1803525
Horizon Common Inc.	Limited partner	1 Apr 2014	Other	45-2208247
Llc Hk Venture Capital Partners	Limited partner	1 Apr 2014	Other	80-0951281
Fatima Katarzyna Dickey	Limited partner, senior managing principal	1 May 2014	25% - 50%	2916700
Richard Lyman Bayles	Limited partner, senior managing principal	1 May 2014	25% - 50%	15396
L.P. Moussetrust	Limited partner	1 Jun 2014	Other	98-0588322
Jason Anthony Ozone	Chief compliance officer	1 Sep 2018	Other	7026522

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
U.S. Trust Company Of Delaware	Trustee, the haurenna trust and the lyphard trust	1 Dec 1995	Other	51-0397509
Moussescribe	General partner, moussetrust, l.p.	1 Jun 2008	Other	52-2280270
The Haurenna Trust	Limited partner, moussetrust, l.p.	1 Jul 2008	25% - 50%	13 7077734
The Lyphard Trust	Limited partner, moussetrust, l.p.	1 Jul 2008	25% - 50%	13 7077733
Steven Bregman	Elected manager	1 Apr 2011	Other	2568218
Peter Brendan Doyle	Elected manager	1 Apr 2011	Other	2590707
Lawrence Patrick Doyle	Elected manager	1 Apr 2011	Other	734291
Thomas Crimmins Ewing	Elected manager	1 Apr 2011	Other	1418930
Murray Stahl	Chairman of the board of manages and elected manager	1 Apr 2011	Other	2578129
Leonid Polyakov	Elected manager	1 Apr 2011	Other	4189601
Hugh Michael Ross	Elected manager	1 Apr 2011	Other	2292109
Jay Harris Kesslen	Elected manager	1 Apr 2011	Other	4335392
Horizon Common Inc	Owner	1 Apr 2011	25% - 50%	45-2208247
Kinetics Common Inc	Owner	1 Apr 2011	25% - 50%	45-2208516
Horizon Kinetics Llc	Member	1 Apr 2014	75% - 100%	45-0642972

Based in New York

The principal office where Lagoda Investment Management, L.P. performs its advisory services is located at 3 Columbus Circle, New York, NY 10019, 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 212-309-7668 or by fax 212-975-9030. The normal business hours are 9:00 am-5:00 pm on Monday - Friday.