Gqg Partners LLC (Fort Lauderdale)


Gqg Partners LLC is a large advisory firm based in Fort Lauderdale. It manages $19.82 billion of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, New York, and Washington.

Gqg Partners provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gqg Partners: assets under management

The assets under management (AUM) of Gqg Partners LLC is $19.82 billion. The firm's AUM has grown by 660607% since the beginning of its operation, and $7.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $17.25 billion in discretionary accounts and $2.57 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $442.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $151.35 million.
Gqg Partners has custody of $3.89 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gqg Partners 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 Gqg Partners serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Gqg Partners is pooled investment vehicles with 21 clients and $11.92 billion of assets under management. Among the 10 most similar advisory firms, Gqg Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $19.82 billion for 43 clients. 52% of the firm’s clients are foreign persons or businesses.

Gqg Partners also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Gqg Partners LLC

The company employs 52 people that are either part- or full-time employees. 23 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 5 people 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.

Rajiv Jain has served as the Chief Investment Officer since 1 Jun 2016 and Timothy Jacob Carver is the Chief Executive Officer of Gqg Partners LLC family office. Gqg Partners Lp joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Northern Lights Midco Member 1 Apr 2016 Other 47-1407415
John David Griswold Chief compliance officer 1 Apr 2016 Other 2022655
Ralph Abraham Shaoul Chief compliance officer 1 Jun 2016 Other 2280379
Rajiv Jain Chief investment officer 1 Jun 2016 Other 4348325
Timothy Jacob Carver Chief executive officer 1 Jun 2016 Other 2638120
Llc Qvft Member 1 Jun 2016 75% - 100% 81-2855702
Gregory John Lyons General counsel 1 Aug 2016 Other 2580803
Suzanne G Chmura Chief compliance officer 1 Jun 2017 Other 2333508
Melodie Brasher Zakaluk Chief operating officer 1 Nov 2017 Other 2707550
Gqg Partners Lp Member 1 Mar 2018 75% - 100% 82-4987744
Gqg Partners Lp Member 1 Aug 2018 75% - 100% 82-4987744
Gqg Partners Employee Holdings Llc Member 1 Aug 2018 Other 83-1794014

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Laird Norton Company Member 1 Aug 2006 50% - 75% 91-2027437
Laird Norton Company Shareholder 1 Dec 2007 75% - 100% 91-2027437
Inc. White Pine Member 1 Dec 2007 25% - 50% 26-1630532
Llc Lnc Investment Co. Member 1 May 2010 25% - 50% 20-5433626
Aurora Investment Management Pty Limited Trustee of aurora trust 1 Nov 2014 Other foreign
Aurora Trust Member 1 Nov 2014 75% - 100% foreign
Llc Northern Lights Capital Partners Unitholder 1 Nov 2014 25% - 50% 20-5650492
Pacific Current Group Limited Unitholder 1 Nov 2014 50% - 75% foreign
Rajiv Jain Member 1 May 2016 50% - 75% 4348325
Latika Jain Member 1 May 2016 50% - 75% 2639177
Gqg Partners Gp Llc General partner 1 Mar 2018 Other 82-4986300
Llc Qvft Limited partner 1 Mar 2018 75% - 100% 81-2855702
Gqg Partners Gp Llc General partner 1 Aug 2018 Other 82-4986300
Llc Qvft Limited partner 1 Aug 2018 75% - 100% 81-2855702

Based in Fort Lauderdale

The principal office where Gqg Partners LLC performs its advisory services is located at 450 East Las Olas Boulevard, Fort Lauderdale, FL 33301, which is also the mailing address of the firm. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 754-218-5500 or by fax 754-218-5519. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at gqgpartners.com.