Mgp Advisers Limited Partnership (New York)


Mgp Advisers Limited Partnership is an adviser based in New York. It manages $1.19 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

Mgp Advisers Limited Partnership provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mgp Advisers Limited Partnership: assets under management

The assets under management (AUM) of Mgp Advisers Limited Partnership is $1.19 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 million each.
Mgp Advisers Limited Partnership has custody of $11.87 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mgp Advisers Limited Partnership 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.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Austin Wolfe Marxe President 1 Sep 1992 50% - 75% 322010

Based in New York

The principal office where Mgp Advisers Limited Partnership performs its advisory services is located at Special Situations Funds, New York, NY 10022, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-319-6670 or by fax 212-319-6677. The normal business hours are 9:00am to 5:00pm on Monday - Friday.