Alterna Capital Partners LLC (Wilton)

Name: Alterna Capital Partners LLC
Address: 15 River Road, Wilton, CT, 06897
Telephone: 203-210-7333

Alterna Capital Partners LLC is a large advisory firm based in Wilton. It manages $1.01 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Alterna Capital 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.

Alterna Capital Partners: assets under management

The assets under management (AUM) of Alterna Capital Partners LLC is $1.01 billion. The firm's AUM has grown by 126% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $774.79 million in discretionary accounts and $231.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $387.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $115.72 million.

Alterna Capital Partners has custody of $769.29 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Alterna Capital Partners is pooled investment vehicles with 4 clients and $1.01 billion of assets under management. Among the 10 most similar advisory firms, Alterna Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.01 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Alterna Capital Partners also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $100,000,000.

Careers at Alterna Capital Partners LLC

The company employs 15 people that are either part- or full-time employees. 60 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
Eric M Press	Managing partner (acp llc)	1 Jan 2007	25% - 50%	4520642
Harry Vickers Toll	Managing partner (acp llc)	1 Jan 2007	25% - 50%	4520428
Roger P. Miller	Managing partner (acp llc)	1 Jan 2007	25% - 50%	4522117
Eric Michael Press	Managing partner (acp llc)	1 Jan 2007	25% - 50%	4520642
Roger Phillip Miller	Managing partner (acp llc)	1 Jan 2007	25% - 50%	4522117
Eric M Press	Managing member (agp)	1 Feb 2007	Other	4520642
Harry Vickers Toll	Managing member (agp)	1 Feb 2007	Other	4520428
Roger P. Miller	Managing member (agp)	1 Feb 2007	Other	4522117
James Crane Furnivall	Managing partner (acp llc)	1 Mar 2007	25% - 50%	1336087
Richard Cole Bertkau	Chief compliance officer (acp llc)	1 Feb 2008	Other	2573696
Paul Carl Schaffer	Chief financial officer	1 Mar 2009	Other	5925672
Earle Goldin	Partner (acp llc)	1 Dec 2011	Other	4599598
Eric M Press	Member (agp ii llc)	1 Aug 2012	Other	4520642
Roger P. Miller	Member (agp ii llc)	1 Aug 2012	Other	4522117
Harry Vickers Toll	Member (agp ii llc)	1 Aug 2012	Other	4520428
Earle Goldin	Member (agp ii llc)	1 Aug 2012	Other	4599598
James Crane Furnivall	Member (agp ii llc)	1 Aug 2012	Other	1336087
Thomas X. Fritsch	General counsel and chief compliance officer	1 Oct 2015	Other	5316079
Earle Goldin	Managing partner (acp llc)	1 Jan 2017	Other	4599598
Earle Nmn Goldin	Managing partner (acp llc)	1 Jan 2017	Other	4599598

Based in Wilton

The principal office where Alterna Capital Partners LLC performs its advisory services is located at 15 River Road, Wilton, CT 06897, 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 203-210-7333. The normal business hours are 9:00am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at alternacapital.com.