Atlas Financial Group: Growth in AUM to $184.3M, a 154% Increase

The Atlas Financial Group filed its most recent ADV on June 27, 2023. From March 2022 to June 2023, several notable changes were noted in the firm's ADV filings. The firm disclosed $184.35 M in assets. Its largest client type are banking or thrift institutions and the firm attributes 72.20% of its AUM to banking or thrift institutions.

It disclosed 3 employees and 76 accounts in its latest filing. The firm has 1 active private fund with a total gross asset value of $4.07 M. However, significant growth was observed in the firm's total Assets Under Management (AUM). The AUM rose from around $72.6M to $184.3M, marking an increase of 154.1%.

The firm reported modifications for its private fund,  Finisterre Hedge Fund, L.P

• The Gross Asset Value increased from 0 to $4M.
• The Beneficial Owners count for the fund increased from 0 to 19.
• Duncan Administration Services was added as an Administrator on 13th April 2021.
• Stonex Financial Inc., the Custodian, was added on 13th April 2021 and removed on 13th June 2023.
• A new Custodian, Wedbush Securities Inc., was added on 13th June 2023.
• Kaplan & Company was added as an Auditor on 13th April 2021.