Goode Partners LLC (New York)

Name: Goode Partners LLC
Address: 767 Third Avenue, New York, NY, 10017
Telephone: 646-722-9406

Goode Partners LLC is a large advisory firm based in New York. It manages $724.67 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Goode Partners 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.

Goode Partners: assets under management

The assets under management (AUM) of Goode Partners LLC is $724.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $724.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.31 million each.

Goode Partners has custody of $598.1 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Goode Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Goode Partners serves?

The only and largest group of clients of Goode Partners is pooled investment vehicles with 15 clients and $724.67 million of assets under management. Among the 5 most similar advisory firms, Goode Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $724.67 million for 15 clients. None of the firm’s clients are foreign persons or businesses.

Goode Partners also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $500 to $10,000,000.

Careers at Goode Partners LLC

The company employs 11 people that are either part- or full-time employees. 64 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
David J Oddi	Managing member	1 Jun 2006	25% - 50%	6030053
Neal Douglas Goldman	Member	1 Jun 2006	25% - 50%	2790902
Paula G Semelmacher	Chief financial officer/chief compliance officer	1 Jun 2007	Other	6030052
Jose Ferreira	Managing member	1 Jan 2008	25% - 50%	6030054
Ronald R Beegle	Managing member	1 Jan 2008	25% - 50%	6030055
Daniel Richard Bonoff	Member	1 Jan 2018	25% - 50%	2523381
Keith Franklin Miller	Manager	1 Jan 2018	25% - 50%	6931703

Based in New York

The principal office where Goode Partners LLC performs its advisory services is located at 767 Third Avenue, New York, NY 10017, 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 646-722-9406 or by fax 212-317-2827. The normal business hours are 8:30am-6:00pm on Monday - Friday. You can find more information about the New York firm at goodepartners.com.