New Bond Street Investment Group LLC (Guaynabo)

Name: New Bond Street Investment Group LLC
Address: 48 Road 165, Suite 4025, Guaynabo, PR, 00968 8086
Telephone: 7879939650

New Bond Street Investment Group LLC is an adviser based in Guaynabo. It manages $27.7 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Puerto Rico.

New Bond Street Investment Group 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.

New Bond Street Investment Group: assets under management

The assets under management (AUM) of New Bond Street Investment Group LLC is $27.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -86% since the beginning of its operation, and $27.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $27.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.7 million each.

New Bond Street Investment Group has custody of $27.7 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New Bond Street Investment Group LLC for their services and products based on 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 New Bond Street Investment Group serves?

The only and largest group of clients of New Bond Street Investment Group is pooled investment vehicles with 1 clients and $27.7 million of assets under management. Among the 2 most similar advisory firms, New Bond Street Investment Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $27.7 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

New Bond Street Investment Group also advises several private funds. Namely, one other private fund.

Careers at New Bond Street Investment Group LLC

The company employs 3 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
Francesco Nino Piovanetti	Ceo, president & cco	1 Jan 2017	50% - 75%	2933449
Jorge Ruben Rodriguez	Chief financial officer & treasurer	1 Jan 2017	50% - 75%	5495250
Jorge Rafael De Jesus	Senior vice president & general counsel	1 Jan 2017	Other	6770976
Zayra Christina Emanuelli	Chief financial officer & financial asset manager	1 Sep 2017	Other	6049389

Based in Guaynabo

The principal office where New Bond Street Investment Group LLC performs its advisory services is located at 48 Road 165, Suite 4025, Guaynabo, PR 00968 8086, 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 7879939650 or by fax 7879939651. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at arcocapital.com.