NEWDAY
NEWDAY FUNDS, INC. Legal Name
Adviser information for NEWDAY last updated from Form ADV on February 15th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 8 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 26 | $117.4M |
| Non-Discretionary | 0 | $0 |
| Total | 26 | $117.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | <5 | $455,650 |
| HNW Individuals | 10 | $11.4M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $2.7M |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $102.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | ESG RESEARCH |
Identifiers
| SEC RIA File Number | 801-112212 |
|---|---|
| SEC ERA File Number | 801-112212 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 174758 |
| Legal Entity Identifier | 549300YMIEEURF8F5678 |
Principal Office
1 BLACKFIELD DRSTE 2-348
TIBURON
CA
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 415-935-0550, Fax: None
Chief Compliance Officer
DAVID HSU
CCO
2315 43RD ST SE
PUYALLUP
WA
United States
Tel:
206-651-4411
D***@******************M
(Full email address available in API data)
Regulatory Contact
DOUG HESKE
CEO
698 HAWTHORNE DRIVE
TIBURON
CA
United States
Tel:
415-999-8266
D***@******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HESKE, DOUGLAS, CHARLES | Individual | – | PRESIDENT & CEO | 03/2016 | < 5% |
| NEWDAY FINANCIAL TECHNOLOGIES, INC. | Domestic Entity | – | PARENT | 07/2017 | > 75% |
| MEEK, ALEXANDER | Individual | NEWDAY FINANCIAL TECHNOLOGIES, INC. | CO-FOUNDER/NON-ADVISORY OWNER | 01/2015 | 25-50% |
| HESKE, DOUGLAS, CHARLES | Individual | NEWDAY FINANCIAL TECHNOLOGIES, INC. | CEO | 03/2016 | 25-50% |
| HSU, DAVID, CHENG-WEI | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2023 | < 5% |