Auda Hedge, LLC (New York)

Auda Hedge, LLC is a large advisory firm based in New York. It manages $322.95 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Auda Hedge provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Auda Hedge: assets under management

The assets under management (AUM) of Auda Hedge, LLC is $322.95 million. The firm's AUM has gone down by -75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $165.5 million in discretionary accounts and $157.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.82 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $78.73 million.

Auda Hedge has custody of $216.9 thousand 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 Auda Hedge, 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.

Careers at Auda Hedge, LLC

Marcel Alain Giacometti has been acting as President since 1 Sep 1998. Buford Scott Reid joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 6 indirect owners.

Based in New York

The principal office where Auda Hedge, LLC performs its advisory services is located at 888 7 Th Avenue, 41 St Floor, New York, NY 10106, 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 212-863-2300 or by fax 212-593-2974. The normal business hours are 8.30am-5.30pm on Monday - Friday. You can find more information about the New York firm at www.auda.net.

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