Virgo Investment Societas LLC (Burlingame)

Virgo Investment Societas LLC is a related adviser based in Burlingame. It manages $5.8 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Virgo Investment Societas 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.

Virgo Investment Societas: assets under management

The assets under management (AUM) of Virgo Investment Societas LLC is $5.8 million. The firm's AUM has gone down by -93% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.11 million in discretionary accounts and $693.31 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $346.65 thousand.

Virgo Investment Societas has custody of $5.8 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Virgo Investment Societas 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.

What kind of clients Virgo Investment Societas serves?

The only and largest group of clients of Virgo Investment Societas is pooled investment vehicles with 4 clients and $5.8 million of assets under management. Among the 3 most similar advisory firms, Virgo Investment Societas has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.8 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Virgo Investment Societas doesn't advise any private funds.

Careers at Virgo Investment Societas LLC

The company employs 18 people that are either part- or full-time employees. 39 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.

Jesse Colin Watson has served as the Chief Investment Officer since 1 Sep 2009. Gary Lewis Krauthamer joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jesse Colin Watson	Co-founder/chief investment officer	1 Sep 2009	Other	4228836
Robert Owen Racusin	Chief compliance officer/head of operations	1 Sep 2009	Other	3078930
Mark Randolph Arroyo Perez	Head of research	1 Sep 2009	Other	5174720
Capricorn Investment Group Llc	Member	1 Sep 2009	75% - 100%	147417
Virgo Investment Group Llc	Member	1 Sep 2009	25% - 50%	157297
Barry Jay Uphoff	Co-founder/senior advisor	1 Sep 2009	Other	5574866
Morris Luther Mcnair	Partner / co-head of sourcing	1 Feb 2010	Other	6179663
Morris Mcnair	Partner / co-head of sourcing	1 Feb 2010	Other	6179663
Christopher Macdonald	Partner / co-head of sourcing	1 Apr 2011	Other	6179665
Gary Lewis Krauthamer	Partner	1 Apr 2013	Other	6776780
Todd Andrew Dorfman	Partner	1 Apr 2013	Other	6776792

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Stuart Skoll	Settlor and trustee	1 Aug 1999	75% - 100%	5582101
Pine Llc	Member	1 Apr 2007	50% - 75%	26-2331707
Jeffrey S. Skoll Revocable Trust	Sole member	1 Sep 2007	75% - 100%	xxx-xx-xxxx
Jesse Colin Watson	Co-founder/chief investment officer	1 May 2009	50% - 75%	4228836
Meigetsu Llc	Member	1 Sep 2009	50% - 75%	27-1036903

Based in Burlingame

The principal office where Virgo Investment Societas LLC performs its advisory services is located at 1201 Howard Avenue, Burlingame, CA 94010, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-486-1953 or by fax 650-461-9117. The normal business hours are 9am - 6pm on Monday - Friday.