Concordia Advisors (Bermuda) Ltd. (Flatts, Smiths)

Concordia Advisors (Bermuda) Ltd. is a large advisory firm based in Flatts, Smiths. It manages $15.11 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2002.

Concordia Advisors (Bermuda) provides portfolio management for pooled investment vehicles and portfolio manager of hedge funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Concordia Advisors (Bermuda): assets under management

The assets under management (AUM) of Concordia Advisors (Bermuda) Ltd. is $15.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1789% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $795.34 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Concordia Advisors (Bermuda) Ltd. 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.

Careers at Concordia Advisors (Bermuda) Ltd.

Denise Elaine Ribaroff has been acting as President since 1 Mar 1997. Basil Constantine Williams joined the executive team most recently as the Ceo/Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Denise Elaine Ribaroff	Shareholder/president/director	1 Mar 1997	75% - 100%	4490124
Alexander Ribaroff	Vice-president/director	1 Mar 1997	Other	375105
Alan Daniel Wood	Director	1 Mar 1997	Other	2022847
Glen Hunter Griffin	Chief financial officer / chief compliance officer	1 Sep 2004	Other	4863397
Concordia Employee Benefit Trust	Shareholder	1 Jan 2006	25% - 50%	foreign
Basil Constantine Williams	Ceo/director	1 Dec 2009	Other	717300
Arunabh Puri	Director	1 Dec 2009	Other	2884046
James Richard Wise	Director	1 Dec 2009	Other	2342674
Christopher Michael Dillon	Shareholder	1 Dec 2009	Other	1727411
John Jason Hathorn	Director	1 Dec 2009	Other	4884021
Kenneth John Carroll	Chief compliance officer	1 Dec 2009	Other	4881736
John William Eckert	Shareholder	1 Dec 2009	Other	2120613

Based in Flatts, Smiths

The principal office where Concordia Advisors (Bermuda) Ltd. performs its advisory services is located at C/O Mayflower Management Services (Bermuda) Ltd, Flatts, Smiths, Fl04, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.