Ubs Hedge Fund Solutions LLC (Stamford)

Name: Ubs Hedge Fund Solutions LLC
Address: 600 Washington Boulevard, Stamford, CT, 06901
Telephone: 203-719-1428

Ubs Hedge Fund Solutions LLC is a large advisory firm based in Stamford. It manages $37.97 billion of regulatory assets for 90 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Connecticut, Illinois, and New York.

Ubs Hedge Fund Solutions provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ubs Hedge Fund Solutions: assets under management

The assets under management (AUM) of Ubs Hedge Fund Solutions LLC is $37.97 billion. The firm's AUM has grown by 28% since the beginning of its operation, and $28.3 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $19.31 billion in discretionary accounts and $18.66 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $227.2 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.73 billion.

Ubs Hedge Fund Solutions has custody of $31.95 billion in cash and securities for 86 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ubs Hedge Fund Solutions LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Ubs Hedge Fund Solutions serves?

The firm provides services to insurance companies, investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Ubs Hedge Fund Solutions is other investment advisers with 3 clients and $18.58 billion of assets under management. Among the 8 most similar advisory firms, Ubs Hedge Fund Solutions has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $37.97 billion for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 71% of the firm’s clients are foreign persons or businesses.

Ubs Hedge Fund Solutions also advises several private funds. Namely, twenty eight hedge funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $100,000,000.

Careers at Ubs Hedge Fund Solutions LLC

The company employs 106 people that are either part- or full-time employees. 56 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 17 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bruce Huddleston Amlicke has served as the Chief Investment Officer since 1 Sep 2010. Andrew Hollenbeck joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Americo Carmine Nardis	Deputy chief investment officer	1 Mar 2010	Other	5774595
William Joseph Ferri	Global head of alternative and quantitative investments	1 Jul 2010	Other	2677147
Bruce Huddleston Amlicke	Chief investment officer	1 Sep 2010	Other	3159028
Frank Sal Pluchino	Chief compliance officer	1 Oct 2010	Other	1499081
Dylan Germishuys	Chief operating officer	1 Nov 2013	Other	4344008
Kim Hyuk Michael	General counsel	1 Nov 2013	Other	6317070
Ubs Americas Holding Llc	Holding company	1 Aug 2015	75% - 100%	none
Ubs Asset Management (Americas) Inc.	Owner	1 Dec 2018	75% - 100%	106838
Andrew Hollenbeck	General counsel	1 Jan 2019	Other	6317070

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ubs Ag (Zurich)	Member	1 Apr 2004	75% - 100%	foreign
Ubs Group Ag	Parent company	1 Nov 2014	75% - 100%	foreign
Ubs Americas Holdings Llc	Shareholder	1 Aug 2015	75% - 100%	none

Based in Stamford

The principal office where Ubs Hedge Fund Solutions LLC performs its advisory services is located at 600 Washington Boulevard, Stamford, CT 06901, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-719-1428 or by fax 203-719-1399. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at ubs.com/alternatives.