Dakota Pacific Global Macro Advisers LP is a large advisory firm based in Salt Lake City. It manages $125.49 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017.
Dakota Pacific Global Macro Advisers provides portfolio management for individuals and small businesses and 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.
The assets under management (AUM) of Dakota Pacific Global Macro Advisers LP is $125.49 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Dakota Pacific Global Macro Advisers LP 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Dakota Pacific Global Macro Advisers is pooled investment vehicles with 2 clients and $78.95 million of assets under management. Among the 8 most similar advisory firms, Dakota Pacific Global Macro Advisers has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $125.49 million for 3 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Dakota Pacific Global Macro Advisers also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.
The company employs 2 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.
The principal office where Dakota Pacific Global Macro Advisers LP performs its advisory services is located at 299 South Main Street, Salt Lake City, UT 84111, 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 (801) 961-1139 or by fax (801) 961-1135. The normal business hours are 7:30 mst - 5 mst on Monday - Friday. You can find more information about the New York firm at jrmiller.com/dakota-pacific-global-macro/.