Sona Asset Management (US) LLC

RIASEC RegisteredEst. 2018

Total AUM

$33.5B

Discretionary

$33.5B

100% of AUM

Avg account

$1.7B

Accounts

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 291738
Registered since: February 7, 2018
Website: sona-am.com
Custodians: GOLDMAN SACHS & CO. LLC, BARCLAYS BANK PLC, BNP PARIBAS SECURITIES CORP., J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Performance Based Fees, Other
Client types: Pooled Investment Vehicles91.05%
Sovereign Wealth Funds8.95%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Sona Asset Management (US) LLC is an SEC-registered LLC founded in 2018 that operates primarily for institutional clients. The firm is organized as a hedge fund and other fund provider and also performs commodity pool operator/commodity trading advisor (CPO/CTA) activities. Its advisory services focus on portfolio management for pooled investment vehicles and for businesses or institutions. Ownership is a mix of a foreign entity and an individual. Compensation includes percentage-of-AUM fees and performance-based fees. The firm does not identify as an active ESG investor. Sona functions more as an alternatives-focused manager than a traditional wealth advisory shop. It runs and sponsors pooled vehicles, serves as sponsor or GP/manager on funds, and is affiliated with other adviser and CPO/CTA activities. Its stated classification and business activities indicate an emphasis on running funds and managing institutional capital rather than retail advisory.