Havens Advisors LLC (New York)

Name: Havens Advisors LLC
Address: 600 Lexington Avenue, New York, NY, 10022
Telephone: 212-355-0050

Havens Advisors LLC is a large advisory firm based in New York. It manages $150.02 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Havens 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.

Havens Advisors: assets under management

The assets under management (AUM) of Havens Advisors LLC is $150.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 166% since the beginning of its operation, and $90.35 million of the total AUM is attributable to clients outside of the United States.

The firm manages $150.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.43 million each.

Havens Advisors has custody of $128.02 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Havens Advisors is pooled investment vehicles with 7 clients and $150.02 million of assets under management. Among the 5 most similar advisory firms, Havens Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $150.02 million for 7 clients. 71% of the firm’s clients are foreign persons or businesses.

Havens Advisors also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Havens Advisors LLC

The company employs 6 people that are either part- or full-time employees. 33 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
Nancy Elizabeth Havenshasty	Managing member of registrant	1 Oct 1995	75% - 100%	240027
Calleen King Letaconnoux	Chief compliance officer	1 Jan 2001	Other	702447
Ellen Leslie Bock	Chief compliance officer; chief operating officer of registrant	1 Apr 2006	Other	229190
John Thomas Mccleary	Chief financial offier	1 Jul 2006	Other	4343731
Michael Walter Ayrey	Chief financial officer	1 Sep 2007	Other	1721625
Marla Glenn	Chief financial officer of registrant	1 Feb 2009	Other	5640772

Based in New York

The principal office where Havens Advisors LLC performs its advisory services is located at 600 Lexington Avenue, New York, NY 10022, 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 212-355-0050 or by fax 212-355-0599. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at havenspartners.com.