Balter Liquid Alternatives, LLC (Boston)

Balter Liquid Alternatives, LLC is a large advisory firm based in Boston. It manages $321.35 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Massachusetts.

Balter Liquid Alternatives provides 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.

Balter Liquid Alternatives: assets under management

The assets under management (AUM) of Balter Liquid Alternatives, LLC is $321.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 219% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $321.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $107.12 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Balter Liquid Alternatives, LLC 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 Balter Liquid Alternatives serves?

The only and largest group of clients of Balter Liquid Alternatives is investment companies with 3 clients and $321.35 million of assets under management. Among the 11 most similar advisory firms, Balter Liquid Alternatives has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $321.35 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Balter Liquid Alternatives doesn't advise any private funds.

Careers at Balter Liquid Alternatives, LLC

The company employs 12 people that are either part- or full-time employees. 33 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.

Rebecca Elise Gompper joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Balter Capital Management Llc	Managing member	1 Oct 2013	50% - 75%	143880
Victor Wen Yuan Chiang	Chief compliance officer and chief operating officer	1 Oct 2013	Other	5208663
Antler Llc	Owner	1 Oct 2013	25% - 50%	80-0955039
Bradley Ross Balter	Chief executive officer	1 Nov 2013	Other	2197950
James A. Fricano	Chief compliance officer	1 Sep 2015	Other	6567657
Rebecca Elise Gompper	Chief compliance officer	1 Nov 2017	Other	6889453

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bradley Ross Balter	Managing member/chief executive officer	1 Mar 2007	50% - 75%	2197950
Jeffrey Andrew Robins	Trustee	1 Jan 2012	Other	6268605
Richard Stephen Sackler	Trustee	1 Jan 2012	Other	6268629
David A. Sackler 2012 Trust	Owner	1 Oct 2012	25% - 50%	45-6755913
Marianna R. Sackler 2012 Trust	Owner	1 Oct 2013	25% - 50%	45-6758900
Rebecca K. Sackler 2012 Trust	Owner	1 Oct 2013	25% - 50%	45-6755860
David A. Sackler 2012 Trust	Owner	1 Nov 2013	25% - 50%	45-6755913
Marianna R. Sackler 2012 Trust	Owner	1 Nov 2013	25% - 50%	45-6758900
Rebecca K. Sackler 2012 Trust	Owner	1 Nov 2013	25% - 50%	45-6755860
Wasatch Llc	Owner	1 Nov 2013	25% - 50%	80-0962782
Richard Stephen Sackler	Managing member	1 Nov 2013	75% - 100%	6268629

Based in Boston

The principal office where Balter Liquid Alternatives, LLC performs its advisory services is located at 125 High Street, Boston, MA 02110, 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 857-383-3472 or by fax 617-742-4224. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.