Gorelick Brothers Capital, LLC (Charlotte)

Name: Gorelick Brothers Capital, LLC
Address: 6836 Morrison Blvd., Charlotte, NC, 28211
Telephone: 704-442-1094

Gorelick Brothers Capital, LLC is a large advisory firm based in Charlotte. It manages $184.79 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of North Carolina.

Gorelick Brothers Capital 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.

Gorelick Brothers Capital: assets under management

The assets under management (AUM) of Gorelick Brothers Capital, LLC is $184.79 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and $1.9 million of the total AUM is attributable to clients outside of the United States.

The firm manages $184.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $36.96 million each.

Gorelick Brothers Capital has custody of $184.79 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gorelick Brothers Capital, 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 Gorelick Brothers Capital serves?

The only and largest group of clients of Gorelick Brothers Capital is pooled investment vehicles with 5 clients and $184.79 million of assets under management. Among the 10 most similar advisory firms, Gorelick Brothers Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $184.79 million for 5 clients. 20% of the firm’s clients are foreign persons or businesses.

Gorelick Brothers Capital also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Gorelick Brothers Capital, LLC

The company employs 15 people that are either part- or full-time employees. 47 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
Todd Andrew Gorelick	Managing partner	1 Nov 2003	25% - 50%	6027964
Israel Karro Gorelick	Partner	1 Nov 2003	25% - 50%	6027966
Christopher Rook Skardon	Partner	1 Jan 2011	25% - 50%	2242709
Todd Andrew Gorelick	Chief compliance officer	1 Feb 2012	25% - 50%	6027964
Karen Travis Balentine	Chief operating officer	1 Feb 2012	Other	2337353

Based in Charlotte

The principal office where Gorelick Brothers Capital, LLC performs its advisory services is located at 6836 Morrison Blvd., Charlotte, NC 28211, 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 704-442-1094 or by fax 704-442-1096. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at morrocroft.com.