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. In addition, Niles is bullish on copper demand as the world steps up its transition to electric vehicles. Satori Fund founder Dan Niles said Monday that conditions for the stock market could get ugly again in 2023, as equities get pulled down by the impact of rate hikes and weakening demand. Get this delivered to your inbox, and more info about our products and services. What does this mean? Yes or According to Niles, the Satori Fund is up this year, beating the S & P 500 which has declined around 15% over the same period. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. Will any of my assets be invested in those products? *SEC data last verified March 24, 2023. What conflicts do I need to be made aware of? With the launch of Satori II, investors who meet Accredited Investor criteria will now be able to participate, while . 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. THIS DOCUMENT IS NOT INTENDED TO CONSTITUTE LEGAL, TAX, OR ACCOUNTING ADVICE OR INVESTMENT RECOMMENDATIONS. Really appreciate Dan's analysis. October 2015 Private Fund ID: 805-3558221747. Niles also served as chief executive officer at Neuberger Berman Technology Management, LLC. Firm or an advisory affiliate was previously found to have made false statements, omissions, or being dishonest and unfair by a regulatory agency other than the SEC or CFTC. Performance results may reflect expense subsidies and waivers in effect during periods shown. How does your firm mitigate them? Another favorite for Niles is the sports betting sector, which he said is "one of the last markets of size" to go online. Satori Resources Inc (STRRF) . In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. 8601. Investing involves risk which may include the loss of principal. Dan Niles is the founder and portfolio manager of Satori Fund, a long-short equity fund that focuses on U.S. technology companies. The Satori Funds are private investment products which file an exemption under 3-c-7 and 3-c-1 of the Investment Advisors Act . How does your firm mitigate them? Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. What does this mean? In total, Satori Financial manages $34.9 million in assets. What is the historical performance of Satori Financial? Are we missing something? For more information you may also visit, https://reports.adviserinfo.sec.gov/reports/ADV/306086/PDF/306086.pdf. The firm's parent company is Satori Capital, a private equity firm that inves. Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. 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. This could be detrimental to a client during down markets. The firm last filed a Form D notice of exempt offering of securities on 2023-02-23. -$393,048. For more information including organizational chart for STPIP please visit. The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. It is our organization's mission to provide unbiased and objective information. 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. What does this mean? This can be seen when you compare hedge fund returns for the past few decades. Investor.com is your trustworthy guide to the world of personal finance. Firm or an advisory affiliate has previously been fined or ordered to cease and desist activity by the SEC or CFTC. 13F Fund Performance Evaluator; Developer API; 13F Stock Screener; 13F . Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. Form D is a form used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. 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. Unlike HTTPS connections, HTTP connections are not encrypted. Yes No. Firm or an advisory affiliate was previously found to have made false statements, omissions, or being dishonest and unfair by a regulatory agency other than the SEC or CFTC. Please see our Disclaimers for more information. The filing was for a pooled investment fund: hedge fund The notice included securities offered of Pooled Investment Fund Interests. Become a Mission Supporter. What does this mean and why is it important? Bearish hedge fund manager Dan Niles names his 'favorite investment' for 2023. In the past ten years, a regulatory agency other than the SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. 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. 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. Regarding GAN, didn't they lose the FanDuel contract over the summer? Performance data for the indices is gross and does not reflect any deduction for fees, transaction costs or other expenses that an investor would pay if invested in the Fund directly. Published Sun, Feb 5 20237:20 PM EST Updated Mon, Feb 6 20231:38 AM EST. Questions to ask November 2022 What does this mean? What does this mean and why is this important? Leveraging this valuable experience, we provide strategic advice to help our investments grow and succeed. Is your firm a broker-dealer or are you affiliated with one? Thanks financial pros, love his openess, always listen Attracted by brand performance, Satori values Rebel Spirit's mission of giving back and honoring everyone's "inner rebel" . When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. PROSPECTIVE INVESTORS SHOULD CONSULT THEIR OWN ADVISORS ABOUT SUCH MATTERS. Mutual Funds/ETFs; Private Fund Information as of 2022-11-04. 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. Form D File Number: 021-178182. Private Fund Information as of 2019-03-31. Some firms receive these fees as payments, which creates an incentive to promote them. For more information on how investor.com rates and reviews firms, please see the Trust Algorithm page. 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. Why does your firm believe in offering commission-based services to clients? This year's bear market has left many investors deep in the red, but Dan Niles says his Satori Fund has bucked the trend. A Satori investment encompasses more than just capital. MGA already has relationships with Fisker, Waymo (Google) as well as automakers in China and Korea around EV vehicles. Firm performs side-by-side management with accounts that have differing fee structures. We Believe: Business is the most powerful . What does this mean? Track the AUM, funds, and holdings for Satori Capital LLC over time. Terms of Use | Disclaimers | Privacy Policy. 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 . Private Fund ID: 805-3096222312. tips_and_updates Financial advisor education. May 2018 All information is current as of the date of this material and is subject to change without notice. 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). What does this mean? What does this mean? This could be detrimental to a client during down markets. May 2017 Active risk management results in net exposure that typically ranges from . 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. : DE | Fiscal Year End: 1231. Performance Awards. Hedge Fund ***Log In or James . View the latest funds and 13F holdings. This relationship may introduce bias where a firm or related person recommends certain securities with which they are affiliated, rather than others that may have higher returns. If you're looking for some suggestions for 2023, here's Niles' top five picks: Sean Payton Is the Denver Broncos' New Head Coach What's His Net Worth? TEL AVIV, Israel, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Satori, the creator of the world's first DataSecOps platform, announced today it has raised $20 million in Series A funding round co-led by B . While this allows for a broader range of investment options and management styles to be offered by a firm, it can create an incentive for the firm to put their financial interests ahead of your own. IPO Performance; Ownership Search; Dividend History; . 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. March 2021 June 2012. In total, Satori Financial manages $34.3 million in assets. Questions to ask Here's where he is putting his money. info@satori-im.co.za. August 2021 Questions to ask Also, can you share past 3,5,7,10 years of top 5 results. He said his fund was also up in December so far, but did not disclose . At only a 12x PE, MGA is a cheap way to play the EV trend. Actual performance for an investor may be materially different as fees and performance may vary depending on factors such as timing of investment and eligibility to participate in New Issues. Satori Fund I is based out of West Chester. Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. May 2021 Published Sun, Sep 25 20229:02 PM EDT Updated Mon, Sep 26 20228:38 PM EDT. Performance Awards in New York in 2006, the fund was awarded the "Best Newcomer" by MARHedge. But it's not because of our longs. Satori Fund Recent News. 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. View Filing. Recognized by The Wall Street Journal as one of the "Best on the Street," he's also a frequent contributor to CNBC valued for his takes on stock trends. 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. What does this mean and why is it important? We embrace the principles of conscious capitalism, a business approach that emphasizes creating extraordinary outcomes for all stakeholders. Invest WIth Us. The headquarters of Satori Financial is . Questions to ask email address below and choose 'Submit'. Investor.com is your trustworthy guide to the world of personal finance. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. What does this mean? June 2021 Satori Financial manages $34.9 million and provides investment advisory services for 23 clients (1:23 advisor/client ratio). 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. Does the firm offer products that have performance-based fees, or does it accept performance-based fees? Founded by Dan Niles in 2004, the Satori Fund has a 16-year track record as a long . Does the firm offer products that have performance-based fees, or does it accept performance-based fees? compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). Which securities does your firm trade for itself that it will also be recommending to me? Education: Boston University (BS in systems engineering), Stanford University (MS in electrical engineering). Business is good because it creates value; it is ethical because it is based on voluntary exchange; it is noble because it can elevate our existence; and it is heroic because it lifts people out of poverty and creates prosperity. For more information you may request fund documents by completing the following attestation. August 2020 Dan Niles, Satori Fund founder, joins 'Squawk Box' to discuss whether a bear market rally may be upon us soon. What does this mean and why is this important? 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. Please see our Disclaimers for more information. Questions to ask View real-time stock prices and stock quotes for a full financial overview. Visit Site Allowed us to make money in 2023. Questions to ask June 2020 Performance Outlook. For more information you may also visit, https://invest.thesatorifund.com/register, https://adviserinfo.sec.gov/firm/summary/306086, https://reports.adviserinfo.sec.gov/reports/ADV/306086/PDF/306086.pdf. Hedge funds (and their PsyOps teams) know about the recency effect, and if they could slowly morph the forum from being DD-focused into (the less damaging) meme . Before he began his career on Wall Street in 1990, Dan Niles worked as an Engineer at Digital Equipment Corporation. Peak-Performance Culture at Satori Capital and Crawford Lake Capital. How a company behaves is more important than what the company produces. A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. Questions to ask To learn more about different types of pricing models, see our article on how much a financial advisor costs. A regulatory agency has previously denied, suspended, or revoked the firms or an advisory affiliates registration or license or otherwise restricted their activities. What does this mean and why is it important? These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. Dipak, Great pics for 2021 Fund Type: Private Equity Fund. As a Certified B Corporation, our focus is simple: people before profits. , ranked #874 with a HedgeScore of 220 Private Fund ID: 805-4893836072. Related Persons. 13F filing from SATORI FUND I L.P., enter your Money Poolesolutions FOR Life, Ever Green Wealth Management, Column Capital Advisors, Evans Capital Management Associates, ASG Investment Management, Was this page helpful? Please provide me a list of the products and a summary of how much your firm earns from them. What does this mean? 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. It is our organization's mission to provide unbiased and objective information. The headquarters of Satori Wealth Management is 4660 LA Jolla Village Drive, Suite 100. June 2022 Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. What does this mean and why is it important? How does your firm approach insurance sales? Partially, yes. ANY INVESTMENT DECISION WITH RESPECT TO AN INVESTMENT IN A HEDGE FUND SHOULD BE MADE BASED UPON THE INFORMATION CONTAINED IN THE CONFIDENTIAL MEMORANDUM OF THAT FUND. Nov 8, 2021 3:00 AM EST. August 2021 Form D File Number: 021-70353. THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION WITH RESPECT TO THE PURCHASE OR SALE OF ANY SECURITY. Dan Niles, founder and senior portfolio manager at Satori Fund, joins CNBC's 'Squawk Box' to break down technology stocks to watch. pic.twitter.com/I1frEnFxN4. Investing involves risk which may include the loss of principal. May 2022 "We believe commodity prices will decline less than expected from current levels even during a recession in 2023 given low structural investment over the past decade restricting supply," he said. STPIP is a Pennsylvania limited liability corporation. Stocks he likes In terms of stocks he likes, Niles said he favors defensive companies against the backdrop of a looming recession. Firm can legally elect to accept commissions for their investment advisory services. Occupation. Questions to ask We hope our longs will fare better than the overall market," he said. Does your firm, or anyone associated with the firm, practice as a law firm? Investing entails risks, including possible loss of principal. So, how much has Niles made from it? October 2022 Which securities does your firm trade for itself that it will also be recommending to me? Does your firm perform side-by-side management? Questions to ask These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. January 2021 Is your firm a broker-dealer or are you affiliated with one? As a result, we do not support personal reviews on the site. Financial advisory firms charge fees in different ways, such as a percentage of your assets (aka AUM, or assets under management), an hourly fee, or a fee for a specific service. Name: ALPHAONE SATORI MASTER FUND LTD. Fund Type: Hedge Fund. 4660 LA Jolla Village Drive, Suite 100. For the most up-to-date information, please view the applicable SEC and FINRA reports above. Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. Please provide me a list of the products and a summary of how much your firm earns from them. FINRA data last verified March 29, 2023. Let's hope his S&P low of 2400 this year is wrong too. Investing involves risk which may include the loss of principal. What does this mean? July 2022 A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. What does this mean and why is it important? Any data inaccuracies, please contact our team. People may receive compensation for some links to products and services on this website. Unit sales has improved for the auto industry from down 48% y/y in April to down 5% in November. What does this mean? what about T, your 12/9 post said after hating T for so long the DIS model for releasing movies one day after they open in movie houses should help the Warner portionwhat say you now? Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. The usual things for fund are deals in the range of 5 - 10 millions dollars. Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. Current performance may be lower or higher than performance data quoted. Obligatory disclaimer: All of our data is crawled from the web and our understanding is that all hedge fund data is self-reported, meaning the data is only as good as the discloser is honest, and we obviously can't vouch for that. Cash is king With market volatility set to persist in the near-term, Niles believes it Is important for investors to closely monitor their portfolios. April 2022 A Division of NBCUniversal. What does this mean? 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! MGA a few years ago was reportedly in discussions with Apple on helping them produce EV vehicles. Does your firm offer mutual funds that have 12b-1 fees? What does this mean and why is it important? All requests for updated information should also be reported directly to the SEC and/or FINRA. Firm or an affiliate actively engages in business as a law firm or lawyer. This could also limit the number and diversity of investment options available and may impact their transferability. It's strange to expect hedge funds to compete with such an anomaly. Mr. Christensen has held Board positions with impact funds in the alternatives arena, including a . Sign up for free newsletters and get more CNBC delivered to your inbox. investor.com is not endorsed by or affiliated with the SEC or FINRA. Unlike HTTPS connections, HTTP connections are not encrypted. Niles is also bullish on several services-related stocks. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. For access to live and exclusive video from CN. . "We made money today. "We are counting on our shorts making profits between now and year end and have more shorts than longs in the portfolio," he added. Thank you! Our greatest strength is the ability to protect capital during times of extreme market stress and generate wealth over the course of market cycles. I tried to DM Dan directly but was unable to. . Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. For 2020 Im shooting for BMY, CODX, DHI, MS & QCOM. When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. What is Dan Niles net worth? While Satori Wealth Management advises clients across a variety of portfolio sizes, the average client balance is currently $1.3 million. SuperStonk, under Satori, shifted from a place with good DD to one of recycled memes, and it's entirely possible that users let that happen assuming Satori was handling everything. David Ellison started as a bank-stock portfolio manager at Fidelity nearly 40 years ago, a bygone era. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a felony. All text and design is copyright 2020 WhaleWisdom.com. What happened? Questions to ask Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. According to him, shares . Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. What does this mean and why is it important? 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. Satori Financial, registered in 2001, serves 2 state(s) with a licensed staff of 1 advisors. July 2022 Street Address 1 Street Address 2; 1000 Chesterbrook Blvd: SEC form, multiple filers or classes of filers, and much more.***. Get the latest Barratt Developments P L C (BDEV) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. How many times did it occur? Is your firm affiliated with a law firm in any capacity? The following material and information presented on this site is not a solicitation or an offer of securities. What does this mean? AlphaOne Satori Management is the Partner for a family of funds consisting of the Satori Fund and Satori II. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities. The Satori Capital neuro team offers extensive sector and domain expertise to help you make the most out of your investments. 's best month FINRA data last verified March 24, 2023. Big fan of your work. This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. February 2023 . Our system has identified the following conflict alerts. Financial plans and investment portfolios are always unique to the client's personal financial situation. Recent Performance Name: SATORI ALPHA, LP. , the Registered Investment Advisor to the Satori Fund. I would add strong Pharma/biotech players such as ABBV, MRK, NVS, RHHBY. Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. The focus on green energy has helped drive EV sales as witnessed by the addition of Tesla to the S&P500. Performance Awards in New York in April 2006. September 2021 All rights reserved. Given the state of our economy and the fluctuations in the stock market, it's understandable for individuals to seek guidance from those with more experience in investing. Both Netflix and Disney have announced plans to offer lower-priced subscription tiers that come with ads. What percentage of income does your firm receive from fees versus commissions? Firm or related person receives soft-dollar benefits in connection with client securities transactions. 206-320-9263, Is this your firm? taking a -0.64% loss of What does this mean and why is it important? Compare against similar firms. State legalization of sports betting is at nearly 30 states today with roughly 20 allowing online betting. Over the long term, profit is a reflection of value creation for stakeholders, a measure of what was given, not what was taken. The fund is generally included in less than 2 deals every year. Questions to ask Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. What does this mean and why is it important? June 2012. , the Registered Investment Advisor to the Satori Fund. Demand should improve as China tries to stimulate its economy with the upcoming election of Chinese President Xi Jinping for a third term in October, he said. We offer clients' a unique blend of best in class vendor products, proprietary applications and an . Niles is a Sri Lanka native (reportedly). The investor.com website utilizes verified data from reputable sources, which includes the Securities and Exchange Commission (SEC); however, it can vary from time to time. More than 20% of the Satori Fund's portfolio is held in cash, according to Niles. Leveraging this valuable experience, we provide strategic advice to help our investments grow and succeed. The Satori Fund also holds several long positions, though Niles cautioned that these positions remain vulnerable in today's market. 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. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). San Diego, CA 92122-4604, 12100 Wilshire Blvd 8th Floor, Los Angeles, California 90025. Should I Hire a Financial Advisor or DIY It? San Diego, CA 92122-4604. Last Name First Name Middle Name; Hondros: Paul: J. What does this mean? View Filing. Published Mon, Sep 26 20229:00 PM EDT. Questions to ask Dan Niles is currently the founder and portfolio manager of the Satori Fund, serving institutional and high net-worth investors. Name: SATORI ALPHA II, LP . . The fund uses both macroeconomic and fundamental analysis to identify investment opportunities. Firm or related person receives soft-dollar benefits in connection with client securities transactions. 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).
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