Linden Global Strategies LLC (New York)

Name: Linden Global Strategies LLC
Address: 712 Fifth Avenue, New York, NY, 10019
Telephone: 212-542-5052

Linden Global Strategies LLC is a large advisory firm based in New York. It manages $604.82 million of regulatory assets for 141 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, Florida, Maryland, Massachusetts, and New York.

Linden Global Strategies provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Linden Global Strategies: assets under management

The assets under management (AUM) of Linden Global Strategies LLC is $604.82 million. The firm's AUM has gone down by -77% since the beginning of its operation, and $208.59 million of the total AUM is attributable to clients outside of the United States.

The firm manages $535.96 million in discretionary accounts and $68.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.48 million.

Investments

The firm invests in investment and business development companies the most. They account for 33% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 26% of the firm’s portfolio. Investments in state and local bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Linden Global Strategies LLC for their services and products based on a percentage of assets under management and fixed 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 Linden Global Strategies serves?

The only and largest group of clients of Linden Global Strategies is high net worth individuals with 108 clients and $554.69 million of assets under management. Among the 8 most similar advisory firms, Linden Global Strategies has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $554.69 million for 108 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 29% of the firm’s clients are foreign persons or businesses.

Linden Global Strategies doesn't advise any private funds.

Careers at Linden Global Strategies LLC

The company employs 7 people that are either part- or full-time employees. 57 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
Josephine Linden	Managing member/ chief compliance officer	1 Feb 2011	75% - 100%	1176146
Michael I Kanter	Chief financial officer	1 Sep 2012	Other	5041147
Monique Andrew	Chief operating officer	1 Jan 2015	Other	6469002

Based in New York

The principal office where Linden Global Strategies LLC performs its advisory services is located at 712 Fifth Avenue, 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 212-542-5052 or by fax 212-542-5056. The normal business hours are 9:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at lgsllc.com.