Echinus Advisors, LLC (New York)

Name: Echinus Advisors, LLC
Address: 63 Crosby Street, New York, NY, 10012
Telephone: 646-759-7903

Echinus Advisors, LLC is a large advisory firm based in New York. It manages $937.23 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013.

Echinus 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.

Echinus Advisors: assets under management

The assets under management (AUM) of Echinus Advisors, LLC is $937.23 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2545% since the beginning of its operation, and $415.02 million of the total AUM is attributable to clients outside of the United States.

The firm manages $937.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $312.41 million each.

Echinus Advisors has custody of $937.23 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Echinus Advisors is pooled investment vehicles with 3 clients and $937.23 million of assets under management. Among the 7 most similar advisory firms, Echinus Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $937.23 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Echinus Advisors also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $50,000,000.

Careers at Echinus Advisors, LLC

The company employs 7 people that are either part- or full-time employees. 57 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
Philip Uhde	Member	1 May 2012	75% - 100%	6268896
Mark Haworth	Non-managing member	1 May 2012	25% - 50%	5083622
Philip Lim Yang	Chief financial officer & chief compliance officer	1 Jul 2014	Other	6432064
Philip Chin Yang	Chief financial officer & chief compliance officer	1 Jul 2014	Other	6629346

Based in New York

The principal office where Echinus Advisors, LLC performs its advisory services is located at 63 Crosby Street, New York, NY 10012, 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 646-759-7903 or by fax 646-304-1399. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at echinuspartners.com.