SIT Fixed Income Advisors II, LLC

RIASEC RegisteredEst. 1998

Total AUM

$15B

Discretionary

$14.8B

99% of AUM

Avg account

$94.7M

Accounts

158

Employees

Advisory reps

Firm details

Headquarters: Minneapolis, Minnesota
CRD number: 108271
Registered since: January 27, 1998
Website: www.sitinvest.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, THE BANK OF NEW YORK MELLON, U.S. BANK, N.A.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Insurance Companies32.08%
Charitable Organizations28.3%
State / Municipal Government12.46%
Pension & Profit Sharing Plans10.72%
Pooled Investment Vehicles9.36%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

SIT Fixed Income Advisors II, LLC is a limited liability company that has been SEC-registered since 1998 and operates as a fund sponsor/manager with a hedge-fund orientation. The firm acts as a commodity pool operator/commodity trading advisor (CPO/CTA) and provides portfolio management across a range of client structures: individuals and families, pooled vehicles, investment companies, and institutional or business accounts. Its client roster mixes high-net-worth individuals and institutional investors, and its fees combine a percentage-of-AUM schedule with performance-based fees consistent with hedge-fund-style compensation. The firm's investment stance is tilted toward fixed income and it identifies as an active ESG investor, indicating ESG considerations are incorporated into its investment or manager-selection processes. SIT also functions as an adviser and managing member of pooled vehicles, and it uses third-party alternative managers as part of its program.