Belhealth Investment Partners, LLC (New York)

Name: Belhealth Investment Partners, LLC
Address: 126 East 56 Th Street, New York, NY, 10022
Telephone: 347-308-7011

Belhealth Investment Partners, LLC is a large advisory firm based in New York. It manages $463.95 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015.

Belhealth Investment 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.

Belhealth Investment Partners: assets under management

The assets under management (AUM) of Belhealth Investment Partners, LLC is $463.95 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $463.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.97 million each.

Belhealth Investment Partners has custody of $305.94 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Belhealth Investment Partners is pooled investment vehicles with 2 clients and $463.95 million of assets under management. Among the 12 most similar advisory firms, Belhealth Investment Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $463.95 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Belhealth Investment Partners also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $2,500,000 to $5,000,000.

Careers at Belhealth Investment Partners, LLC

The company employs 18 people that are either part- or full-time employees. 83 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
Harold Steven Blue	Managing member	1 Mar 2011	50% - 75%	4370323
Bert Edward Brodsky	Managing member	1 Mar 2011	50% - 75%	6038522
Bert E Brodsky	Managing member	1 Mar 2011	50% - 75%	6038522
Joseph Patrick Wynne	Chief financial officer and cco	1 Apr 2012	Other	2650316
Joseph Patrick Wynne	Chief financial officer and chief administrative officer and chief compliance officer	1 Nov 2014	Other	2650316
Dennis George Drislane	Managing member	1 Nov 2014	25% - 50%	6441080
Inder G Tallur	Managing director	1 Nov 2014	Other	2506312
Dennis G Drislane	Managing member	1 Nov 2014	Other	6441080

Based in New York

The principal office where Belhealth Investment Partners, LLC performs its advisory services is located at 126 East 56 Th Street, 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 347-308-7011. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at belhealth.com.