Ark Investment Management LLC is a large advisory firm based in New York. It manages $3.34 billion of regulatory assets for 541 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Ark Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ark Investment Management LLC is $3.34 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 9638% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Ark Investment Management LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, investment companies, charitable organizations, other investment advisers, high net worth individuals, and state or municipal government entities. The largest group of clients of Gene Louis Needles is investment companies with 15 clients and $2.7 billion of assets under management. Among the 10 most similar advisory firms, Ark Investment Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $3.34 billion for 136 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Ark Investment Management doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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.
Gene Louis Needles has been acting as President since 1 Jul 2016. Thomas Gregory Staudt joined the executive team most recently as the Chief Operating Officer.
The principal office where Ark Investment Management LLC performs its advisory services is located at 3 E. 28 Th Street, New York, NY 10016, 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 212-426-7040 or by fax 646-668-4134. The normal business hours are 9:00a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at ark-invest.com and its LinkedIn profile.