mentions in earnings calls skyrocket this season. This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. Why does your firm believe in offering commission-based services to clients? Quick Stats SunTree's annual revenue has doubled since 2012 from approximately $50 million to more than $100 million. This could also limit the number and diversity of investment options available and may impact their transferability. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, investing, retirement planning, and more. It is a foundational component of a thriving business. Unit sales has improved for the auto industry from down 48% y/y in April to down 5% in November. . Firm or related person receives soft-dollar benefits in connection with client securities transactions. March 2021 Nikada/E+ via Getty Images. I tried to DM Dan directly but was unable to. All rights reserved. Most of us appreciate it. The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act of 1940, thereby, reserved solely for qualified purchasers and accredited investors through an official subscription process. Attracted by brand performance, Satori values Rebel Spirit's mission of giving back and honoring everyone's "inner rebel" . June 2012. Questions to ask June 2022 October 2015 Performance Awards in New York in 2006, the fund was awarded the "Best Newcomer" by MARHedge. To be more specific, Dan Niles net worth is believed to be over $9 million, but the fund manager's portfolio may exceed that amount several times over. All rights reserved. Investing involves risk which may include the loss of principal. July 2022 Checks take place monthly. Thank you! The Brain Performance Institute translates proven science, developed at the Center for BrainHealth, to the public. 107 Spring Street, Seattle, Washington 98104. January 2023 Last Name First Name Middle Name; Hondros: Paul: J. AlphaOne Satori Fund, LP., which is technology biased, managed to return 5.26% . May 2022 The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act of 1940, thereby, reserved solely for qualified purchasers and accredited investors through an official subscription process. Certified accolades including investor.com Star Rating Badge are only available to firms participating in investor.coms paid subscription-based program and earning a 4.5 to 5 star review from investor.com; participation in investor.com's paid subscription-based program does not guarantee being awarded investor.com Star Rating Badge certified accolades. Both Netflix and Disney have announced plans to offer lower-priced subscription tiers that come with ads. Name: SATORI ALPHA II, LP . Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. Become a Mission Supporter. 's best month Bearish hedge fund manager Dan Niles names his 'favorite investment' for 2023. March 2020 Satori is led by principals who have built and managed successful companies and multi-billion-dollar investment firms. In 2006, the Satori Fund was recognized as the Best Newcomer at the MARHedge U.S. What does this mean? The portfolio manager . Entreprenuer, engineer, and hedge fund manager. What does this mean and why is it important? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This data is then run through our proprietary Trust Algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. Our greatest strength is the ability to protect capital during times of extreme market stress and generate wealth over the course of market cycles. The opinions expressed on this page are those of Daniel Niles and not necessarily those of AlphaOne Satori Management, LLC (the General Partner to the Satori Fund) or STP Investment Partners (CRD # 306086). Firm or an advisory affiliate has previously been fined or ordered to cease and desist activity by the SEC or CFTC. The investment products mentioned in this document may not be eligible for sale in some states or countries, or suitable for all types of investors. He earned the nickname Michael Jordan of Technology Stock Analysts in 2001 when he predicted that computer company Dell would miss earnings their first quarter in nearly a decade. How does your firm mitigate them? Firm can legally elect to accept commissions for their investment advisory services. Performance Awards. What does this mean? THIS DOCUMENT IS INTENDED ONLY FOR THE PERSON TO WHOM IT HAS BEEN DISTRIBUTED, IS STRICTLY CONFIDENTIAL AND MAY NOT BE REPRODUCED OR REDISTRIBUTED IN WHOLE OR IN PART NOR MAY ITS CONTENTS BE DISCLOSED TO ANY OTHER PERSON UNDER ANY CIRCUMSTANCES. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. FINRA data last verified March 24, 2023. Graphs. San Diego, CA 92122-4604. Financial advisors help you achieve your life goals, such as saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). , the Registered Investment Advisor to the Satori Fund. What does this mean and why is it important? View Filing. For more information you may request fund documents by completing the following attestation. Read through our introductory course to financial advisors. The firm's parent company is Satori Capital, a private equity firm that inves. October 2022 Private Equity Fund: Satori Co-investment Partners II, LP: $522.13 k: Private Equity Fund: Satori Co-investment Partners, LP: $100.00 mm: Private Equity Fund: Satori Environmental Partners, LP: $6.54 mm: Hedge Fund: Satori Hwe, LP: $15.16 mm: Private Equity Fund: Satori Suntree, LP: $29.60 mm: Private Equity Fund: Satori Thematic Partners, LP . 2W - 6W . This could be detrimental to a client during down markets. The Satori Fund also has short positions in advertising stocks, which he said are under pressure amid competition from major streaming services such as the likes of Netflix and Disney that "suck up ads" which would otherwise go to traditional advertising firms. Also, can you share past 3,5,7,10 years of top 5 results. May 2017 ranked #320 with a HedgeScore of 263 So, . In total, Satori Financial manages $34.3 million in assets. Dan Niles is the founder and and senior portfolio manager for The Satori Fund. Use our rankings at your own risk. FREE: Follow your stocks and cryptocurrencies with the most actionable alerts on the internet. What does this mean? Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. Based in Phoenix, Arizona, SunTree is a producer of branded and private-label nuts and dried fruit snacks including roasted and salted nuts, trail mixes, and chocolate and yogurt-covered nuts. What does this mean? Known for. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. December 2020 The higher the score, the more likely the account is a shill. He also likes Uber as a way to play the switch in consumer spending from goods to services as people begin travelling again and Uber drivers return to the road in a post-pandemic world. What conflicts do I need to be made aware of? tips_and_updates Financial advisor education. Visit Site What does this mean and why is this important? Niles said the U.S.-focused long-short equity fund is up this year, outperforming the S & P 500 , which has declined around 20% in the same period. Founded by Dan Niles in 2004, the Satori Fund has a 16-year track record as a long . In the past 10 years, a domestic or foreign court has issued an injunction against the firm or an advisory affiliate in connection with an investment-related activity. Speaking to CNBC on Thursday, the founder and portfolio manager at Satori Fund said that given the likely further downside risk in the tech sector, investors should look to energy and financials . THE INFORMATION CONTAINED HEREIN THEREFORE IS NOT INTENDED TO BE COMPLETE OR FINAL AND IS QUALIFIED IN ITS ENTIRETY BY THE OFFERING MEMORANDUM AND GOVERNING DOCUMENT FOR EACH FUND. These conflicts can negatively impact clients via hidden fees and overall higher costs. Unlike HTTPS connections, HTTP connections are not encrypted. This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Key to the fund's outperformance is their short positions, according to Niles. Form D contains basic information about the offering and the company. What does this mean? Market Realist is a registered trademark. Investor.com is your trustworthy guide to the world of personal finance. Compare against similar firms. All Rights Reserved. Private Fund ID: 805-3096222312. A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. The Satori Capital neuro team offers extensive sector and domain expertise to help you make the most out of your investments. By setting an example of consciousness and inspired leadership, all of a companys stakeholders are enriched and will bring the approach to their own relationships. Questions to ask Questions to ask Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. *SEC data last verified March 29, 2023. What conflicts arise from this relationship? Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. March 2020 , March 2023 We believe conscious businesses are more innovative, less risky, and better positioned for growth. All text and design is copyright 2020 WhaleWisdom.com. While Satori Financial advises clients across a variety of portfolio sizes, the average client balance is currently $1.5 million. As such, any shares or interests offered by such funds may only be sold through non-public private placements to qualified investors who meet certain net worth requirements and standards of investment sophistication. Our private equity business partners via majority and minority investments with leadership teams of companies with $5 million to $50 million of EBITDA that operate with a long-term perspective, commit to their mission or purpose, and create value for all stakeholders. For further detail, see our articles on different types of advisors and financial advisor services. For the most up-to-date information, please view the applicable SEC and FINRA reports above. The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. Mutual Funds/ETFs; Private Fund Information as of 2022-11-04. Dan Niles' Satori Fund is beating the market this year. This can be seen when you compare hedge fund returns for the past few decades. Options: Quick Stats Recent Performance Trophies Superlatives Graphs Obligatory disclaimer: All of our data is crawled from the web and our understanding is that all . How do these benefits affect the firms selection of a broker-dealer partner? 2023 Reink Media Group LLC. It uses individual company fundamental analysis augmented by technical and macro-economic analysis to generate a portfolio of typically 20-40 positions. Questions to ask Financial plans and investment portfolios are always unique to the client's personal financial situation. What does this mean? Regulatory disclosures state that firm sells proprietary investments and products. 2023 CNBC LLC. Satori Financial manages $34.9 million and provides investment advisory services for 23 clients (1:23 advisor/client ratio). Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. May 2021 Questions to ask Learn More. Name: SATORI ALPHA, LP. May 2018 Should I Hire a Financial Advisor or DIY It? This data is then run through our proprietary Trust Algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. As a reminder at the end of 2021 Dan's yearly top 5 stock picks for 2022 were Cash, KRE, Googl, Facebook (Meta) and USO. October 2022 Does your firm perform side-by-side management? Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. How does your firm mitigate conflicts that arise from managing accounts with differing fee structures? Dan Niles is the founder of Satori Fund and considered the "Michael Jordan of Technology Stock Analysts." On November 4, Satori Fund's founder and CNBC regular Dan Niles made his argument against Apple stock ( AAPL) - Get Free Report. These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. Yes or Over the long term, profit is a reflection of value creation for stakeholders, a measure of what was given, not what was taken. The firm last filed a Form D notice of exempt offering of securities on 2023-02-23. This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Does the firm offer products that have performance-based fees, or does it accept performance-based fees? Why doesnt your firm use a secure website? Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. Previously, Mr. Niles was a managing director at Neuberger Berman Inc. and the chief executive officer of Neuberger . While this can be seen as "eating your own cooking," there are conflicts that may arise. Low interest rates, low inventories, more driving, less flying, has driven auto sales. Yes or Dan Niles, Satori Fund founder and portfolio manager, joins CNBC's "Closing Bell" to discuss his call on Oracle and his forecast on other tech stocks and the wider stock market. How do these benefits affect the firms selection of a broker-dealer partner? Will any of my assets be invested in those products? AlphaOne Satori Fund, LP., which is technology biased, managed to return 5.26% . "We are counting on our shorts making profits between now and year end and have more shorts than longs in the portfolio," he added. Does your fim accept soft-dollar benefits? Niles is a Sri Lanka native (reportedly). We hope our longs will fare better than the overall market," he said. On the other hand, Bailey, Li and Zhang (2004) nd evidence of the average out-performance of hedge funds under the null of no arbitrage, even when non-linear factor payoffs are considered. "As of now, we have almost doubled its return since our inception over 18 years ago." The firm's website is not secure by modern internet standards. Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. What does this mean? $3,261,411. "EVs consume two times as much copper to build and supply is likely to peak in 2024," he said. Street Address 1 Street Address 2; 1000 Chesterbrook Blvd: As expected Niles' net worth reflects his talent for building wealth. Would like to know the parameters that helps you qualify your top 5. David Ellison started as a bank-stock portfolio manager at Fidelity nearly 40 years ago, a bygone era. This situation may lead the firm or a related person to recommend proprietary investments and products that could generate larger commissions than other similar non-proprietary products. Should I Hire a Financial Advisor or DIY It? Is your firm a broker-dealer or are you affiliated with one? compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). Performance Awards. For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. What does this mean and why is this important? As a result, we do not support personal reviews on the site. The following material and information presented on this site is not a solicitation or an offer of securities. How many times did it occur? Dan Niles is the Founder and Senior Portfolio Manager for the, The opinions expressed on this page are those of Daniel Niles and not necessarily those of AlphaOne Satori Management, LLC (the General Partner to the Satori Fund) or STP Investment Partners (CRD # 306086). Index performance quoted is shown for illustrative purposes only, does not represent actual Fund performance and is not meant to forecast, imply or guarantee future Fund performance. February 2021 To learn more about different types of pricing models, see our article on how much a financial advisor costs. Questions to ask Niles switched gears to a career on Wall Street in 1990 when he was hired as an investment banker specializing in technology companies at Robertson Stephens. What does this mean and why is it important? Form D File Number: 021-70353. May 2018 The SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. AlphaOne Satori Fund, LP. It's strange to expect hedge funds to compete with such an anomaly. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. According to the company website, Satori Fund protects capital and generates wealth over extremely stressful market cycles. Which securities does your firm trade for itself that it will also be recommending to me? November 2022 The following material and information presented on this site is not a solicitation or an offer of securities. When operating in this dual capacity, advisors may be incentivized to implement plans as an attorney that could drive higher revenue for themselves as investment advisors. Firm recommends securities or other investment products to advisory clients in which the firm or a related person has some other proprietary (ownership) interest that isnt related to trading or holding the security or securities themselves personally. A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Firm or one of its employees previously has been subject to a suspension or expulsion or other restriction of activities by a Self-Regulating Organization or commodities exchange. When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds and the sale of proprietary investment products. What conflicts do I need to be made aware of? While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. Satori Fund I L.P. (Filer) CIK: 0001306467 (see all company filings) IRS No. Satori Capital is a Texas-based multi-strategy investment firm that currently manages more than $1 billion in assets. For more information you may request fund documents by completing the following attestation. At only a 12x PE, MGA is a cheap way to play the EV trend. 13F Fund Performance Evaluator; Developer API; 13F Stock Screener; 13F . For access to live and ex. What does this mean? Investments in mutual funds involve risks. January 2021 619-305-0553, Is this your firm? All information is current as of the date of this material and is subject to change without notice. Please see our Disclaimers for more information. "No long position exists in a vacuum and all long positions are likely to suffer in a further 25% drop in the S & P so they are paired with shorts. Niles highlighted the company's "resilient consumer demand" and believes its second-half guidance was conservative. And how does the math work on this comment? , ranked #874 with a HedgeScore of 220 What does this mean? April 2022 Magnas JV with LG Electronics announced last week helps round out the components they did not possess. Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. He noted that the company gained market share during the 2008 global financial crisis, with the stock delivering an 18% return even as the S & P 500 declined 38% over the same period. It was a hard hit about losing the relationship with FanDuel, so the public leaving from GAN, however, now might be a chance to see the advantage is that they will complete the acquisition of Coolbet next Q1!
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