Allagash Opportunity Zone Partners LLC (Ashburn)

Allagash Opportunity Zone Partners LLC is an adviser based in Ashburn. It manages $5.85 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018.

Allagash Opportunity Zone 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.

Allagash Opportunity Zone Partners: assets under management

The assets under management (AUM) of Allagash Opportunity Zone Partners LLC is $5.85 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $5.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.85 million each.

Allagash Opportunity Zone Partners has custody of $5.9 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Allagash Opportunity Zone 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 Allagash Opportunity Zone Partners serves?

The only and largest group of clients of Allagash Opportunity Zone Partners is pooled investment vehicles with 1 clients and $5.85 million of assets under management. Among the 4 most similar advisory firms, Allagash Opportunity Zone Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.85 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Allagash Opportunity Zone Partners also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Allagash Opportunity Zone Partners LLC

The company employs 5 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.

David Edward Mcclean joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Stern Barkan	Chief executive officer	1 Nov 2018	Other	1946317
David Edward Mcclean	Chief compliance officer	1 Nov 2018	Other	1211045
Peter Menelaos Tzelios	Co-chief investment officer and managing principal	1 Nov 2018	Other	4559868
Mark Allan Hall	Co-chief investment officer and managing partner	1 Nov 2018	Other	1675848
Llc Allagash Partners	Owner	1 Nov 2018	50% - 75%	281907
H & T Capital Holdings Llc	Owner	1 Nov 2018	50% - 75%	83-2672630
Peter M Tzelios	Co-chief investment officer and managing principal	1 Nov 2018	Other	4559868

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Makamah Associates Llc	Owner	1 Nov 2018	50% - 75%	26-3639582
Llc Abc Realty Advisors	Owner	1 Nov 2018	50% - 75%	27-0288521

Based in Ashburn

The principal office where Allagash Opportunity Zone Partners LLC performs its advisory services is located at 20130 Lakeview Center Plaza, Ashburn, VA 20247, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-344-4478. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.