Adi Dassler Family Office LLC (New York)

Adi Dassler Family Office LLC is a mid-sized advisory firm based in New York. It manages $31.67 million of regulatory assets for 58 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, California, Florida, and 6 other states.

Adi Dassler Family Office provides financial planning services, portfolio management for individuals and small businesses, 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.

Adi Dassler Family Office: assets under management

The assets under management (AUM) of Adi Dassler Family Office LLC is $31.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $545.97 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Adi Dassler Family Office LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Adi Dassler Family Office serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Adi Dassler Family Office is high net worth individuals with 15 clients and $27.8 million of assets under management. Among the 2 most similar advisory firms, Adi Dassler Family Office has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $31.67 million for 37 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.

Adi Dassler Family Office doesn't advise any private funds.

Careers at Adi Dassler Family Office LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

David Allan Wasitowski joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Union Capital Group Usa	Owner	1 Mar 2015	75% - 100%	1344288
David Allan Wasitowski	Chief compliance officer	1 Mar 2019	Other	4187976
Luis Alfonso Marino	Chief executive officer	1 Mar 2019	Other	1426723
Julian Charles Bradham	Ceo of family office services	1 Mar 2019	Other	1195362
Adi Dassler Legacy Ltd	Owner	1 Mar 2019	Other	foreign

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Damon Howell	Owner	1 Mar 2015	75% - 100%	1344288

Based in New York

The principal office where Adi Dassler Family Office LLC performs its advisory services is located at 275 Madison Avenue, New York, NY 10016, which is also the mailing address of the firm. An additional office of the firm is in Miami, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-809-3600. The normal business hours are 9am - 5pm on Monday - Friday.