Perceptive Advisors LLC. (New York)


Perceptive Advisors LLC. is a large advisory firm based in New York. It manages $5.04 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2010.

Perceptive Advisors 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.

Perceptive Advisors: assets under management

The assets under management (AUM) of Perceptive Advisors LLC. is $5.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1336% since the beginning of its operation, and $2.27 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $387.82 million each.
Perceptive Advisors has custody of $5.04 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perceptive 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 Perceptive Advisors serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Perceptive Advisors is pooled investment vehicles with 12 clients and $4.92 billion of assets under management. Among the 9 most similar advisory firms, Perceptive Advisors has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.04 billion for 13 clients. 38% of the firm’s clients are foreign persons or businesses.

Perceptive Advisors also advises several private funds. Namely, three hedge funds, two private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Perceptive Advisors LLC.

The company employs 27 people that are either part- or full-time employees. 63 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
Joseph Eric Edelman Ceo 1 Dec 2000 75% - 100% 2115413
James Henry Mannix Chief compliance officer 1 Dec 2006 Other 2347977
Peter William Fierro Cfo 1 Jul 2007 Other 5844113
Alexander Rakitin Chief compliance officer 1 Oct 2017 Other 5841788

Based in New York

The principal office where Perceptive Advisors LLC. performs its advisory services is located at 51 Astor Place, New York, NY 10003, 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 646-205-5300 or by fax 646-205-5301. The normal business hours are 7 am - 6pm on Monday - Friday. You can find more information about the New York firm at perceptivelife.com.