Ergoteles LLC (New York)


Ergoteles LLC is a large advisory firm based in New York. It manages $2.87 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Ergoteles provides 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.

Ergoteles: assets under management

The assets under management (AUM) of Ergoteles LLC is $2.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1813% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.87 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.87 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ergoteles LLC for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ergoteles serves?

The only and largest group of clients of Ergoteles is pooled investment vehicles with 1 clients and $2.87 billion of assets under management. Among the 8 most similar advisory firms, Ergoteles has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.87 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Ergoteles also advises several private funds.

Careers at Ergoteles LLC

The company employs 17 people that are either part- or full-time employees. 53 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark Francis Mancini Chief operating officer, chief compliance officer, managing member 1 Jul 2012 Other 5619778
Mark F Mancini Manager member 1 Jul 2012 Other 5619778
Michael Franciscus Bos Managing member 1 Sep 2012 25% - 50% 2547195
Amit Manwani Managing member 1 Sep 2012 25% - 50% 4432239
Melinda Helen Scott Chief compliance officer 1 Dec 2015 Other 6450932

Based in New York

The principal office where Ergoteles LLC performs its advisory services is located at 150 East 52 Nd St, New York, NY 10022, 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 646-701-0015 or by fax 646-607-2006. The normal business hours are 9 am to 5 pm on Monday - Friday.