Nebrodi Partners, LLC (Hartford)

Name: Nebrodi Partners, LLC
Address: 225 Asylum Street, Hartford, CT, 06103
Telephone: 860-259-4300

Nebrodi Partners, LLC is a large advisory firm based in Hartford. It manages $1.12 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.

Nebrodi Partners provides portfolio management for businesses and institutional clients 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.

Nebrodi Partners: assets under management

The assets under management (AUM) of Nebrodi Partners, LLC is $1.12 billion. The firm's AUM has grown by 84% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $801 million in discretionary accounts and $322 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $801 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $322 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 96% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 2% of the firm’s portfolio. Investments in non-exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nebrodi Partners, 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 Nebrodi Partners serves?

The firm provides services to insurance companies and pension and profit sharing plans. The largest group of clients of Nebrodi Partners is insurance companies with 1 clients and $801 million of assets under management. Among the 10 most similar advisory firms, Nebrodi Partners has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $1.12 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Nebrodi Partners doesn't advise any private funds.

Careers at Nebrodi Partners, LLC

The company employs 7 people that are either part- or full-time employees. 71 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
Allan Jeremiah Vartelas	Chief compliance officer / managing member	1 Nov 2014	25% - 50%	1285153
Robert William Davis	Managing member	1 Nov 2014	25% - 50%	1490475
Erik Ronald Cafarella	Member	1 Nov 2014	Other	4485165
David Macallister Clarke	Managing member	1 Nov 2014	25% - 50%	6432544
David M Clarke	Managing member	1 Nov 2014	25% - 50%	6432544
James Francis Gagnon	Chief compliance officer / vice president of finance and administration	1 Feb 2017	Other	5091164

Based in Hartford

The principal office where Nebrodi Partners, LLC performs its advisory services is located at 225 Asylum Street, Hartford, CT 06103, 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 860-259-4300 or by fax 860-259-4302. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at nebrodipartners.com/.