Galtera N.A., Inc. (New York)

Galtera N.A., Inc. is a large advisory firm based in New York. It manages $597.81 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Minnesota and Tennessee.

Galtera N.A. provides portfolio management for investment companies and 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.

Galtera N.A.: assets under management

The assets under management (AUM) of Galtera N.A., Inc. is $597.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $597.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $45.99 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Galtera N.A., Inc. 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.

Careers at Galtera N.A., Inc.

Susan Kay Haugerud has been acting as President since 1 Dec 2005. Stephen Kurt Spero joined the executive team most recently as the Chief Operating Officer/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Renee Lynn Haugerud	Managing principal	1 Oct 1997	75% - 100%	1794216
Susan Kay Haugerud	President/chief compliance officer	1 Dec 2005	Other	1319442
Stephen Kurt Spero	Chief operating officer	1 Feb 2009	Other	2448457
Stephen Kurt Spero	Chief operating officer/chief compliance officer	1 Jan 2010	Other	2448457

Based in New York

The principal office where Galtera N.A., Inc. performs its advisory services is located at 597 5 Th Ave., New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Lookout Mountain, TN. It doesn’t run an office outside of the United States.