Tribeca Financial, LLC (Mesa)

Name: Tribeca Financial, LLC
Address: 1635 N. Greenfield Road, Mesa, AZ, 85205
Telephone: 480-553-6247

Tribeca Financial, LLC is a large advisory firm based in Mesa. It manages $172.84 million of regulatory assets for 383 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Nevada, Texas, and Virginia.

Tribeca Financial provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Tribeca Financial: assets under management

The assets under management (AUM) of Tribeca Financial, LLC is $172.84 million. The firm's AUM has grown by 332% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $127.08 million in discretionary accounts and $45.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $344.39 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.27 million.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tribeca Financial, 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 Tribeca Financial serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Tribeca Financial is high net worth individuals with 14 clients and $49.45 million of assets under management. Among the 7 most similar advisory firms, Tribeca Financial has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $172.84 million for 383 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.

Tribeca Financial doesn't advise any private funds.

Careers at Tribeca Financial, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Karl Nathan Huish	Managing member/chief compliance officer	1 Jan 2000	50% - 75%	4168086
Craig Richard Campbell	Member	1 Jan 2000	50% - 75%	4412039
Jason Serge Orenzoff	Chief compliance officer	1 Feb 2007	Other	2096737

Based in Mesa

The principal office where Tribeca Financial, LLC performs its advisory services is located at 1635 N. Greenfield Road, Mesa, AZ 85205, 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 480-553-6247 or by fax 480-745-8777. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tribecafinancial.us.