Hastings Funds Management (Usa), Inc. (New York)
Hastings Funds Management (Usa), Inc. is a large advisory firm based in New York. It manages $245.49 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012.
Hastings Funds Management (Usa) provides portfolio management for pooled investment vehicles 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.
Hastings Funds Management (Usa): assets under management
The assets under management (AUM) of Hastings Funds Management (Usa), Inc. is $245.49 million. The firm's AUM has gone down by -69% since the beginning of its operation, and $131.94 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in other assets the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Hastings Funds Management (Usa), Inc. 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.
What kind of clients Efim Tkatchew serves?
The only and largest group of clients of Efim Tkatchew is pooled investment vehicles with 1 clients and $113.55 million of assets under management. Among the 8 most similar advisory firms, Hastings Funds Management (Usa) has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $113.55 million for 1 clients. 33% of the firm’s clients are foreign persons or businesses.
Hastings Funds Management (Usa) also advises several private funds. Namely, one other private fund.
Careers at Hastings Funds Management (Usa), Inc.
The company employs 8 people that are either part- or full-time employees. 100 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.
Efim Tkatchew has been acting as President since 1 Oct 2009. Northill Gloucester Holdings Limited joined the executive team most recently as the Shareholder.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 16 indirect owners.Based in New York
The principal office where Hastings Funds Management (Usa), Inc. performs its advisory services is located at Level 39, 575 Fifth Avenue, New York, NY 10017, 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 212-551-1810. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at hastingsinfra.com.
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