DELEGATE ADVISORS, LLC
Adviser information for DELEGATE ADVISORS, LLC last updated from Form ADV on March 29th, 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 13 |
|---|---|
| Investment Advisory/Research | 13 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 223 | $252.3M |
| Non-Discretionary | 717 | $779.9M |
| Total | 940 | $1.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 31 | $817.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $2.1M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $35.3M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 6 | $118.7M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $59.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-72996 |
|---|---|
| SEC ERA File Number | 801-72996 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 159953 |
| Legal Entity Identifier | None |
Principal Office
101 GLEN LENNOX DRIVESUITE 150
CHAPEL HILL
NC
United States
Monday - Friday, 9 AM - 5 PM
Tel: 919-932-8400, Fax: 919-932-8401
Chief Compliance Officer
CAROLYN OVAITT
101 GLEN LENNOX DRIVE
SUITE 150
CHAPEL HILL
NC
United States
Tel:
919-932-8464
Fax:
919-932-8401
C******@*******************M
(Full email address available in API data)
Regulatory Contact
JAMES R. POWERS
DIRECTOR OF INVESTMENT RESEARCH
101 GLEN LENNOX DRIVE
SUITE 150
CHAPEL HILL
NC
United States
Tel:
919-932-8447
Fax:
919-932-8401
J**@*******************M
(Full email address available in API data)
Industry Affiliates
| FLEXIBLE CREDIT FUND GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| FLEXIBLE CREDIT FUND, LP | PRIVATE DEBT FUND OF FUNDS | $2.1M | $1.0M | 26 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HART, ANDREW, DIMMITT | Individual | – | MEMBER - ADVISORY (SERIES C UNITS) | 12/2011 | < 5% |
| POWERS, JAMES, ROLLIN | Individual | – | DIRECTOR OF INVESTMENT RESEARCH | 11/2023 | 5-10% |
| OVAITT, CAROLYN | Individual | – | CHIEF COMPLIANCE OFFICER | 11/2023 | < 5% |
| ALPHA 27, LLC | Domestic Entity | – | MEMBER, SERIES C UNIT HOLDER | 01/2023 | 50-75% |
| SPOTTAIL LLC | Domestic Entity | – | MEMBER, SERIES C UNIT HOLDER | 01/2023 | 5-10% |
| HART, ANDREW, DIMMITT | Individual | ALPHA 27, LLC | OWNER | 01/2023 | > 75% |
| THOMPSON, BENJAMIN, STEPHEN | Individual | – | PRESIDENT, CIO | 01/2022 | 5-10% |
| Allison, Benjamin, Dunkin | Individual | – | DIRECTOR OF PORTFOLIO MANAGEMENT | 01/2013 | 10-25% |
| THOMPSON, BENJAMIN, STEPHEN | Individual | SPOTTAIL LLC | OWNER | 01/2023 | > 75% |