Swan Global Management LLC (Humacao)


Swan Global Management LLC is a large advisory firm based in Humacao. It manages $4.06 billion of regulatory assets for 4,448 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Puerto Rico.

Swan Global Management provides portfolio management for investment companies, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Swan Global Management: assets under management

The assets under management (AUM) of Swan Global Management LLC is $4.06 billion. The firm's AUM has grown by 155% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.06 billion in discretionary accounts and $4.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $914.84 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $428.67 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is derivatives, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Swan Global Management LLC 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 Swan Global Management serves?

The firm provides services to individuals, investment companies, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Swan Global Management is investment companies with 5 clients and $2.62 billion of assets under management. Among the 10 most similar advisory firms, Swan Global Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.06 billion for 4,448 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Swan Global Management 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 Swan Global Management LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 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
Randall William Swan Ceo, managing member 1 Oct 2014 50% - 75% 4464653
James A Engelken Cco 1 Oct 2014 Other 5409511
Laura K Swan Member 1 Oct 2014 Other 6446463
L.P. Ftv Iv Minority owner 1 Dec 2014 Other 35-2454905
Bradley Owen Ackerman Chief compliance officer 1 Jul 2017 Other 2552096
Bradley Owen Ackerman Chief compliance officer 1 Jul 2018 Other 2552096

Based in Humacao

The principal office where Swan Global Management LLC performs its advisory services is located at 41 Shell Castle, Humacao, PR 00791 The mailing address of the firm is 1099 Main Ave, Durango, CO 81301. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 970-382-9055. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at swanwealthadvisors.com.