Global Evolution Usa, LLC (New York)

Global Evolution Usa, LLC is a large advisory firm based in New York. It manages $359.04 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Global Evolution Usa provides portfolio management for investment companies 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.

Global Evolution Usa: assets under management

The assets under management (AUM) of Global Evolution Usa, LLC is $359.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3490% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $359.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $119.68 million each.

Global Evolution Usa has custody of $44.21 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Global Evolution Usa, LLC 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.

What kind of clients Soren Rump serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Soren Rump is investment companies with 2 clients and $314.83 million of assets under management. Among the 7 most similar advisory firms, Global Evolution Usa has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $359.04 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Global Evolution Usa also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Global Evolution Usa, LLC

The company employs 41 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. No 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.

Soren Rump has been acting as President since 1 Feb 2012. Samantha Addonizio joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Soren Rump	Director	1 Feb 2012	Other	6033387
Morten Wichmann Bugge	Director	1 Feb 2012	Other	6033389
Michael Peter Mcadams	Manager/chief compliance officer	1 Feb 2012	Other	1849485
Global Evolution Usa Holding Llc	Member	1 Feb 2012	75% - 100%	45-4637550
Global Evolution Fondsmaeglerselskab A/S	Parent company	1 Aug 2012	75% - 100%	foreign
Michael Peter Mcadams	Managing director	1 Oct 2013	Other	1849485
Kent Charles Roberts	Managing director	1 Oct 2013	Other	4348761
Ulla Winther Tarstrup	Chief compliance officer	1 Oct 2013	Other	2554256
Mercedita Pascual Oducado	Manager - administration and compliance	1 Oct 2013	Other	2220651
Kasper Jorgensen	Chief compliance officer	1 Aug 2014	Other	6383334
Robert L Morier	Managing director	1 Jul 2016	Other	4659113
Hendricus Francisco Bocxe	Chief compliance officer	1 Feb 2018	Other	2759565
Linwood Earle Bradford	Board member	1 Jun 2018	Other	4179446
Samantha Addonizio	Chief compliance officer	1 Jan 2019	Other	2855022

Indirect Owners

The SEC currently registers 13 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Global Evolution A/S	Member	1 Feb 2012	75% - 100%	foreign
Saxo Bank A/S	Shareholder	1 Feb 2012	50% - 75%	foreign
Global Evolution Holding A/S	Shareholder	1 Jul 2013	75% - 100%	foreign
Tiananmen Holding Aps	Shareholder	1 Jul 2013	75% - 100%	foreign
Mogambo Holding Aps	Shareholder	1 Jul 2013	75% - 100%	foreign
Tulip Invest Aps	Shareholder	1 Jul 2013	50% - 75%	foreign
Rump Invest Aps	Shareholder	1 Jul 2013	50% - 75%	foreign
Soren Rump	Shareholder	1 Jul 2013	75% - 100%	6033387
Morten Wichmann Bugge	Shareholder	1 Jul 2013	75% - 100%	6033389
Global Evolution Holding Aps	Shareholder	1 Jul 2013	75% - 100%	foreign
Conning Holdings Limited	Shareholder	1 Jun 2018	25% - 50%	98-1259764
Ltd. Cathay Life Insurance Co.	Shareholder	1 Jun 2018	25% - 50%	03374707
Ltd. Cathay Financial Holding Co.	Shareholder	1 Jun 2018	25% - 50%	70827406

Based in New York

The principal office where Global Evolution Usa, LLC performs its advisory services is located at 250 Park Avenue, New York, NY 10177, 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 646-609-7161 or by fax 646-609-7161. The normal business hours are 9 a.m - 5 p.m on Monday - Friday.