18 North Advisors LLC (Greenwich)

18 North Advisors LLC is a large advisory firm based in Greenwich. It manages $208.36 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Connecticut.

18 North Advisors 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.

18 North Advisors: assets under management

The assets under management (AUM) of 18 North Advisors LLC is $208.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $208.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $208.36 million each.

18 North Advisors has custody of $204.68 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 18 North Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 18 North Advisors serves?

The only and largest group of clients of 18 North Advisors is pooled investment vehicles with 1 clients and $208.36 million of assets under management. Among the 11 most similar advisory firms, 18 North Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $208.36 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

18 North Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at 18 North Advisors LLC

The company employs 25 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.

Steven Ira Silver joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Michael Peters	Chief executive officer	1 Jul 2018	75% - 100%	6999621
Peter Andrew Dahill	Chief compliance officer/chief financial officer	1 Jul 2018	Other	6999624
Steven Ira Silver	Member	1 Aug 2019	50% - 75%	1719477

Based in Greenwich

The principal office where 18 North Advisors LLC performs its advisory services is located at 330 Railroad Avenue, Greenwich, CT 06830, 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 203-266-3210 or by fax 203-266-3225. The normal business hours are 8:30am - 5:30pm on Monday - Friday.