Mpmg & Partners Usa, LLC (New York)

Name: Mpmg & Partners Usa, LLC
Address: 575 Madison Avenue, New York, NY, 10022
Telephone: 212-605-0590

Mpmg & Partners Usa, LLC is a mid-sized advisory firm based in New York. It manages $33.72 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Mpmg & Partners Usa provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mpmg & Partners Usa: assets under management

The assets under management (AUM) of Mpmg & Partners Usa, LLC is $33.72 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -19% since the beginning of its operation, and $33.72 million of the total AUM is attributable to clients outside of the United States.

The firm manages $33.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.87 million each.

Investments

The firm invests in investment and business development companies the most. They account for 39% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 38% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mpmg & Partners Usa, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Mpmg & Partners Usa serves?

The only and largest group of clients of Mpmg & Partners Usa is high net worth individuals with 18 clients and $33.72 million of assets under management. Among the 1 most similar advisory firms, Mpmg & Partners Usa has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $33.72 million for 18 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Mpmg & Partners Usa doesn't advise any private funds.

Careers at Mpmg & Partners Usa, LLC

The company employs 2 people that are either part- or full-time employees. 50 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
Inc. 3p Usa	Member	1 Dec 2011	25% - 50%	27-4444990
Lia Gotsis Paschal	Chief executive officer, chief compliance officer, member, and managing partner	1 Dec 2011	Other	6175020
Gabriele Marotta	President, member, and managing partner	1 Dec 2011	25% - 50%	6175023
Sarl Incube	Member	1 Dec 2011	Other	92156630324
Lia Paschal	Member, chief executive officer, chief compliance officer	1 Dec 2011	Other	6175020
Baya Barbara Badi	Member	1 Dec 2011	Other	1370724

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gabriele Marotta	Shareholder	1 Dec 2006	75% - 100%	6175023
Francesco Giliberti	Shareholder	1 Aug 2009	75% - 100%	6175033
3p Capital & Finance	Shareholder	1 Dec 2010	75% - 100%	12225994e

Based in New York

The principal office where Mpmg & Partners Usa, LLC performs its advisory services is located at 575 Madison Avenue, 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 212-605-0590 or by fax 212-605-0589. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mpmgpartners.com.