NEW VERNON WEALTH MANAGEMENT LLC
Adviser information for NEW VERNON WEALTH MANAGEMENT LLC last updated from Form ADV on March 28th, 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 | 8 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 2 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 404 | $551.9M |
| Non-Discretionary | 0 | $0 |
| Total | 404 | $551.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 96 | $32.9M |
| HNW Individuals | 76 | $519.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 15 |
Services
| Advisory Services | Portfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUM |
Identifiers
| SEC RIA File Number | 801-77619 |
|---|---|
| SEC ERA File Number | 801-77619 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 164775 |
| Legal Entity Identifier | 254900716Q90GWTH9517 |
Principal Office
799 CENTRAL AVESUITE 350
HIGHLAND PARK
IL
United States
Monday - Friday, 8AM-5PM
Tel: 847-926-5700, Fax: 847-926-5702
Websites
Chief Compliance Officer
GARY JUST
CFO
799 CENTRAL AVE
SUITE 350
HIGHLAND PARK
IL
United States
Tel:
847-926-5724
Fax:
847-926-5701
G****@********M
(Full email address available in API data)
Regulatory Contact
STEVEN SHAPIRO
MANAGER
799 CENTRAL AVE
SUITE 350
HIGHLAND PARK
IL
United States
Tel:
847-926-5712
Fax:
847-926-5701
S****@********M
(Full email address available in API data)
Industry Affiliates
| NEW VERNON CAPITAL | Other investment adviser, including financial planners |
| NEW VERNON INVESTMENT MANAGEMENT LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| NEW VERNON PARTNERS | Sponsor, GP, manager of pooled investment vehicles |
| SF INVESTMENTS, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SHAPIRO, DANIEL, MARK | Individual | – | MEMBER, MANAGER, TRUSTEE OF DANIEL SHAPIRO GIFT TRUST | 01/2013 | 10-25% |
| SHAPIRO, STEVEN, ARTHUR | Individual | – | MEMBER, MANAGER, CHIEF INVESTMENT OFFICER, TRUSTEE STEVEN SHAPIRO GIFT TRUST | 01/2013 | 10-25% |
| JUST, GARY, ALAN | Individual | – | CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER | 01/2013 | < 5% |
| DANIEL SHAPIRO GIFT TRUST | Domestic Entity | – | MEMBER - TRUSTEE IS A CONTROL PERSON | 01/2013 | 10-25% |
| STEVEN SHAPIRO GIFT TRUST | Domestic Entity | – | MEMBER - TRUSTEE IS A CONTROL PERSON | 01/2013 | 10-25% |
| ZAKARIA, MANSOOR, RAFIQ | Individual | – | MEMBER, MANAGER | 01/2013 | 25-50% |
| NV CAPITAL HOLDINGS II, LLC | Domestic Entity | – | MEMBER | 01/2013 | 25-50% |
| ZAKARIA, ARSHAD, RAFIQ | Individual | NV CAPITAL HOLDINGS II, LLC | MEMBER | 01/2013 | 25-50% |
| ZAKARIA, ARSHAD, RAFIQ | Individual | – | MEMBER, MANAGER, CHAIRMAN OF BOARD | 11/2020 | < 5% |