June 2020 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. Firm can legally elect to accept commissions for their investment advisory services. Money Poolesolutions FOR Life, Ever Green Wealth Management, Column Capital Advisors, Evans Capital Management Associates, ASG Investment Management, Was this page helpful? Investor.com is your trustworthy guide to the world of personal finance. Hausman Advisors, Prism Financial Strategies, THE Planning Associates, Noble Wealth Management P.B.C, Velouria Capital Management, Was this page helpful? What does this mean? Our Performance | Satori Investment Management. What does this mean? As a Certified B Corporation, our focus is simple: people before profits. Please see our Disclaimers for more information. Funds. On November 4, Satori Fund's founder and CNBC regular Dan Niles made his argument against Apple stock ( AAPL) - Get Free Report. Formerly, Dan was a Managing Director at Neuberger Berman and CEO of Neuberger Berman Technology Management which focused on long and short equity investments in the technology sector. The firm's website is not secure by modern internet standards. 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). The Brain Performance Institute translates proven science, developed at the Center for BrainHealth, to the public. July 2022 Does your firm offer mutual funds that have 12b-1 fees? Satori Wealth Management currently serves clients in the following states: CA. Satori Financial manages $34.9 million and provides investment advisory services for 23 clients (1:23 advisor/client ratio). Each month, investor.com downloads the latest regulatory data from the SEC IAPD database. Will any of my assets be invested in those products? 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. 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. Performance Awards in New York in April 2006. What does this mean and why is it important? When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. Please provide me a list of the products and a summary of how much your firm earns from them. According to him, shares . Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. 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). Our experience, relationships, and guidance steer leadership teams toward long-term value creation for all stakeholders. Dave Ellison is a portfolio manager at Hennessy Funds. A regulatory agency has previously denied, suspended, or revoked the firms or an advisory affiliates registration or license or otherwise restricted their activities. During the U.S. Over the long term, profit is a reflection of value creation for stakeholders, a measure of what was given, not what was taken. We exist to create, fund, and inspire businesses that elevate humanity. Satori Fund Recent News. 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. What does this mean? No. What does this mean and why is it important? It serves institutional and high net-worth investors. 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. *SEC data last verified March 24, 2023. June 2021 Before he began his career on Wall Street in 1990, Dan Niles worked as an Engineer at Digital Equipment Corporation. Published Mon, Sep 26 20229:00 PM EDT. We are up in August. How does your firm mitigate conflicts that arise from managing accounts with differing fee structures? A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations. Performance results may reflect expense subsidies and waivers in effect during periods shown. Questions to ask For the most up-to-date information, please view the applicable SEC and FINRA reports above. 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 many times did it occur? Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. Investing entails risks, including possible loss of principal. Short Term. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. Performance is historic and does not guarantee future results. Thank you! It is our organization's mission to provide unbiased and objective information. 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. Copyright 2023 Market Realist. PROSPECTIVE INVESTORS SHOULD CONSULT THEIR OWN ADVISORS ABOUT SUCH MATTERS. What does this mean? What does this mean? 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 . October 2022 The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. 8601. 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. Satori Wealth Management, registered in 2017, serves 1 state(s) with a licensed staff of 1 advisors. Fund Type: Private Equity Fund. 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. What does this mean and why is it important? What does this mean? What executives are saying, Individual investors are so bearish its a contrarian buy signal that should mean a 15% gain, RBC says. Dan Niles reveals how the Santori Fund is beating the market. Peak-Performance Culture at Satori Capital and Crawford Lake Capital. No one is going to get every single thing right. Our system found no disciplinary alerts. His top pick in this space is Massachusetts-based sports betting firm DraftKings , for which he has forecast revenue growth of 60% this year, and 40% in the next three years. Terms of Use | Disclaimers | Privacy Policy. September 2020 Become a Mission Supporter. May 2018 For example, front-running is when a financial professional buys or sell securities ahead of their client. But it's not because of our longs. The focus on green energy has helped drive EV sales as witnessed by the addition of Tesla to the S&P500. Hedge fund manager. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. For more information you may request fund documents by completing the following attestation. , March 2023 No. A slew of investment banks on Wall Street are urging investors to remain calm amid the market turmoil and invest in companies with defensive characteristics including Morgan Stanley 's chief U.S. equity strategist Mike Wilson. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. What does this mean and why is it important? 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. Is your firm a broker-dealer or are you affiliated with one? IPO Performance; Ownership Search; Dividend History; . Our unique partnership structure and aligned investor base enable us to hold investments indefinitely. You have a typo in your Jan 3 note. THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION WITH RESPECT TO THE PURCHASE OR SALE OF ANY SECURITY. 2023 Reink Media Group LLC. We're up for the year. Find the latest Satori Resources Inc. (STRRF) stock quote, history, news and other vital information to help you with your stock trading and investing. How do these benefits affect the firms selection of a broker-dealer partner? Niles is also bullish on several services-related stocks. A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. We Believe: Business is the most powerful . View real-time stock prices and stock quotes for a full financial overview. . Private Fund ID: 805-3558221747. Satori Fund founder Dan Niles said Thursday that his firm had predicted a "big firm getting nailed" at some point in 2023, but the turmoil that caused Silicon Valley . Investing involves risk which may include the loss of principal. Readers should not assume that any investments in securities, companies, sectors or markets identified and described were or will be profitable. 2023 Reink Media Group LLC. D/A 021-70353 21665125. What does this mean and why is it important? What does this mean? Analyst Mark Mahaney shares his top two tech stock picks, giving one 152% upside, A.I. Will anyone that was involved be involved with my accounts in any capacity? 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? The following material and information presented on this site is not a solicitation or an offer of securities. 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. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. , the Registered Investment Advisor to the Satori Fund. Nikada/E+ via Getty Images. Hedge fund manager Dan Niles recommended that investors keep their powder dry headed into 2022, suggesting that cash might represent the best option given his dreary outlook for financial markets. Questions to ask While Satori Financial advises clients across a variety of portfolio sizes, the average client balance is currently $1.5 million. 206-320-9263, Is this your firm? By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). For access to live and exclusive video from CN. Active risk management results in net exposure that typically ranges from . Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. April 2020 Name: ALPHAONE SATORI MASTER FUND LTD. Fund Type: Hedge Fund. Investor.com is your trustworthy guide to the world of personal finance. 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. or to simply have an email sent to you whenever we receive a new Attracted by brand performance, Satori values Rebel Spirit's mission of giving back and honoring everyone's "inner rebel" . 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. Read through our introductory course to financial advisors. At only a 12x PE, MGA is a cheap way to play the EV trend. -to-earth approach to investments as well as confident while soft spoken communication style. Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. Nov 8, 2021 3:00 AM EST. What does this mean? But EV industry shipments are only 3% of the total with a lot of growth ahead. Also with the focus on Green energy, the energy sector is hated and therefore valuations are low. Invest WIth Us. What does this mean and why is this important? Mr. Christensen has held Board positions with impact funds in the alternatives arena, including a . Yes or Firm or an affiliate actively engages in business as a law firm or lawyer. April 2022 What does this mean? This is 3x the historical average. Satori Wealth Management manages $39.7 million and provides investment advisory services for 30 clients (1:30 advisor/client ratio). What does this mean? To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. Does your firm perform side-by-side management? Niles said he is looking to make money on the short side by going after the "big enterprise names" in tech, amid what he expects to be a sector slowdown as people cut back their consumption of internet-related services post-pandemic. January 2022 Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. Performance charts for Santorini FIM CP IE Fund (SANTORI) including intraday, historical and comparison charts, technical analysis and trend lines. 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. Let's hope his S&P low of 2400 this year is wrong too. Dan Niles is the founder of Satori Fund and considered the "Michael Jordan of Technology Stock Analysts." What conflicts do I need to be made aware of? What does this mean and why is it important? Firm performs side-by-side management with accounts that have differing fee structures. In addition, Niles is bullish on copper demand as the world steps up its transition to electric vehicles. October 2022 This could be detrimental to a client during down markets. Yes No. The Satori Fund I L.P., Satori Fund Ltd. and Satori Fund II, L.P. are registered as private placement offerings under section 3 (c)1 and 3 (c)7 of the 1940 Act, therefore, are only eligible to Accredited Investors and/or Qualified Purchasers as defined by the SEC under Regulation D. Sellers of unregistered securities are only allowed to sell to . Also, can you share past 3,5,7,10 years of top 5 results. earning a 5.71% positive return of Questions to ask The AlphaOne Satori Fund, which Niles then managed at Neuberger Berman, was named "Best Newcomer" by MARHedge at the U.S. Questions to ask This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. 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. Most of us appreciate it. How do these benefits affect the firms selection of a broker-dealer partner? April 2022 Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. For further detail, see our articles on different types of advisors and financial advisor services. Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. Big fan of your work. Dan is one of the most transparent managers in the industry and someone who's opinion I value greatly. Does your firm offer mutual funds that have 12b-1 fees? The fund uses both macroeconomic and fundamental analysis to identify investment opportunities. What happened? HedgeFundRanks.com is not an investment advisor. Published Sun, Feb 5 20237:20 PM EST Updated Mon, Feb 6 20231:38 AM EST. Performance Awards. Products. David Ellison started as a bank-stock portfolio manager at Fidelity nearly 40 years ago, a bygone era. March 2021 Previously, Mr. Niles was a managing director at Neuberger Berman Inc. and the chief executive officer of Neuberger . Performance Outlook. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). People may receive compensation for some links to products and services on this website. Dan Niles, founder and senior portfolio manager at the Satori Fund, joins CNBC's 'Squawk Box' to discuss why he believes a big bear-market bounce could be on. 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. Which securities does your firm trade for itself that it will also be recommending to me? During the U.S. 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. A list containing all recommendations made by the manager within the last twelve (12) months is available upon request. Dan Niles' Satori Fund is beating the market this year. . Any data inaccuracies, please contact our team. . Niles highlighted the company's "resilient consumer demand" and believes its second-half guidance was conservative. For 2020 Im shooting for BMY, CODX, DHI, MS & QCOM. 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). Occupation. Is your firm affiliated with a law firm in any capacity? For the most up-to-date information, please view the applicable SEC and FINRA reports above. Got a confidential news tip? AlphaOne Satori Fund, LP.'s worst . Questions to ask 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 . Dan Niles, Satori Fund founder, joins 'TechCheck' to discuss stocks responding positively to cuts in earning expectations, the need for the U.S. economy to g. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. 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. STRRF | Complete Satori Resources Inc. stock news by MarketWatch. These conflicts can negatively impact clients via hidden fees and overall higher costs. What does this mean? View Filing. Questions to ask Bullish on commodities Niles also likes the commodity sector. In total, Satori Wealth Management manages $39.7 million in assets. Investing involves risk which may include the loss of principal. January 2023 "We are counting on our shorts making profits between now and year end and have more shorts than longs in the portfolio," he added. Why does your firm believe in offering commission-based services to clients? There's not many managers as nimble and able to adjust to changing market conditions as this group. This could also limit the number and diversity of investment options available and may impact their transferability. How does your firm mitigate them? The fund is generally included in less than 2 deals every year. With the launch of Satori II, investors who meet Accredited Investor criteria will now be able to participate, while . A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations. Partially, yes. How does your firm mitigate conflicts that arise from managing accounts with differing fee structures? We offer clients' a unique blend of best in class vendor products, proprietary applications and an . Investments in mutual funds involve risks. Our greatest strength is the ability to protect capital during times of extreme market stress and generate wealth over the course of market cycles. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. It is a foundational component of a thriving business. Questions to ask June 2022 Shorting is a strategy that sees investors bet the price of a stock will fall. : DE | Fiscal Year End: 1231. Some firms receive these fees as payments, which creates an incentive to promote them. I like your balanced and down May 2017 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. Dan Niles (born June 29, 1967) is an American hedge fund manager, former equity researcher, and former . As expected Niles' net worth reflects his talent for building wealth. What happened? Here's where he is putting his money. When? How to Prove Gambling Losses on Taxes Top Tips, Yelp Co-Founder Jeremy Stoppelman Is Worth Millions. Dan Niles predicts when the S&P 500 might bottom, and reveals how he's profited this year. 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. Pursuant to an Advisory Agreement (the Advisory Agreement), the General Partner has retained STP Investment Partners, LLC (STPIP or the Investment Manager), an affiliate of the General Partner and SEC filed Exempt Reporting Adviser to serve as investment manager of the Fund. What does this mean and why is it important? 2023 CNBC LLC. Visit Site Questions to ask As a financial advisory firm, Satori Wealth Management can provide a variety of financial planning services for Americans. Satori Fund I L.P. (Filer) CIK: 0001306467 (see all company filings) IRS No. Related Persons. The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. Investing involves risk which may include the loss of principal. For more information on how investor.com rates and reviews firms, please see the Trust Algorithm page. What does this mean and why is it important? Our system has identified the following conflict alerts. Private Fund ID: 805-4893836072. What conflicts do I need to be made aware of? Form D File Number: 021-70353. May 2018 December 2021 What does this mean and why is this important? The Satori Fund is a US focused, technology biased, large capitalization, long-short equity fund managed by Dan Niles. "EVs consume two times as much copper to build and supply is likely to peak in 2024," he said. 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. What does this mean? May 2017 September 2020 Potential mother of all short squeezes if Ukraine and Russia announce agreement. Bearish hedge fund manager Dan Niles names his 'favorite investment' for 2023. 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? Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. Learn More. What does this mean? 7215. Firm or a related person trades securities for themselves that they also recommend to their clients. THIS DOCUMENT IS NOT INTENDED TO CONSTITUTE LEGAL, TAX, OR ACCOUNTING ADVICE OR INVESTMENT RECOMMENDATIONS. Become a Mission Supporter. For more information on how investor.com rates and reviews firms, please see the Trust Algorithm page. Key to the fund's outperformance is their short positions, according to Niles. We empower and encourage decisions based on a long-term perspective, not short-term pressures. Questions to ask More than 20% of the Satori Fund's portfolio is held in cash, according to Niles. August 2021 FINRA data last verified March 29, 2023. Will any of my assets be invested in those products? Form D is a form used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. Does your firm, or anyone associated with the firm, practice as a law firm? Generally, hedge funds are able to exceed the S&P in times of economic crisis or recession and then get beat during growth periods (such as the past 10+ years). June 2012. Satori Capital appeared to be the VC, which was created in 2008. . Niles has made other high-profile calls, including Facebooks unfavorable IPO in 2012, Apples negative earnings in 2018, and the stock market crash of 2020. Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. Is your firm a broker-dealer or are you affiliated with one? 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. They lost the sports gaming part of the business and retained other parts of the platform (I'm assuming casino business). The notion of using an app or a . Trophies Entreprenuer, engineer, and hedge fund manager. State legalization of sports betting is at nearly 30 states today with roughly 20 allowing online betting. Will anyone that was involved be involved with my accounts in any capacity? 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. , ranked #874 with a HedgeScore of 220 The higher the score, the more likely the account is a shill. What does this mean? Founded by Dan Niles in 2004, the Satori Fund has a 16-year track record as a long . WEST CHESTER, PA We own a basket of individual names in the sector. Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. What does this mean? What does this mean? Does your fim accept soft-dollar benefits? Questions to ask made good money in XOM last year, Dan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. Does your fim accept soft-dollar benefits? As a financial advisory firm, Satori Financial can provide a variety of financial planning services for Americans. 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. Form D File Number: 021-178182. 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.

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