FIRST LONG ISLAND INVESTORS, LLC other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

26 4.00%

of those in investment advisory functions:

8

Registration:

SEC, Approved, 7/13/1984

AUM:

1,545,821,993 14.62%

of that, discretionary:

1,545,821,993 14.62%

Private Fund GAV:

505,216,998 15.95%

Avg Account Size:

1,889,758 12.93%

% High Net Worth:

54.10% 3.48%

SMA’s:

YES

Private Funds:

11 2

Contact Info

516 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 997M 748M 498M 249M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Alaska Airlines takes delivery of first longer-range Boeing 737-8
01/04/2024

Seeking Alpha

MMC U.K. hedges $2.5 billion in risk through innovative deal | Pensions & Investments
11/16/2023

Pension Fund, London, hedged £2 billion ($2.5 billion) in longevity risk through the first longevity swap to include active participants. Mercer, a ...

pionline.com

Ozempic and Wegovy ‘significantly’ improve blood sugar and weight for the long-term, new study suggests
10/02/2023

The study represents the first long-term, large-scale, real-world trial of the blockbuster drug, researchers said.

Fortune

Chinese Consumers Embrace Life Free From Zero-Covid Controls
01/26/2023

Chinese travelers flooded tourism hotspots at home and booked more trips abroad halfway through the first long public holiday since Beijing ended zero-Covid controls.

Wall Street Journal

Qatar to supply Germany with LNG as EU seeks secure energy options
11/29/2022

Fifteen-year agreement marks first long-term deal in Europe since Moscow’s February invasion of Ukraine

Financial Times

Allego inks first long-term PPA for renewable power
11/10/2022

Seeking Alpha


Private Funds Structure

Fund Type Count GAV
Hedge Fund 5 $483,556,320
Private Equity Fund 2 $1,824,870
Real Estate Fund 2 $216,043
Other Private Fund 2 $19,619,765

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ALGEBRIS INVESTMENT (IRELAND) LIMITED 12.7b - - 482.6m - - - 13.2b - 5

Private Funds



Employees




Brochure Summary

Overview

First Long Island Investors, LLC (“FLII”) is a boutique wealth management firm that provides sophisticated money management services to high net worth clients. FLII is registered with the U.S. Securities and Exchange Commission as an investment adviser and was founded on a service ethic that puts clients at the center of everything we do. FLII traces its origins back more than 40 years, when Robert D. Rosenthal and Ralph F. Palleschi formally established FLII’s predecessor corporation in 1983. Bob and Ralph are FLII’s principal owners. Bob is Chairman, Chief Executive Officer, and Chief Investment Officer of FLII. Ralph is President and Chief Operating Officer and a member of FLII’s Investment Committee. FLII provides a broad range of investment and financial services to clients. Our advice is designed to provide clients with a long-term approach to wealth management that embodies a prudent, individualized asset allocation. Our goal is the preservation and growth of each client’s net worth. We recommend that clients diversify their investments among assets, including (where suitable) equities (in separately managed accounts and through
partnerships), in bonds, and in private investments. Equity investments include traditional equity investments and more defensive or hedged equity investments. Our principals invest side-by-side with our clients in every FLII strategy (other than fixed income which is personalized for each client). Where a strategy is offered through different investment vehicles, our principals invest in the vehicle suitable for them, but not in every vehicle available. We tailor our advice to client’s needs (we only provide advice to clients where our strategies are compatible with what we believe are the client’s needs). Clients may, in limited circumstances, place restrictions on our investments. We have accepted restrictions where clients hold low basis stocks they do not want to sell. Affiliates of FLII are general partners of certain partnerships in which our clients invest as limited partners. We are also a multi-family family office and provide family office services to certain clients. We manage $1,545,821,993 on a discretionary basis and we oversee $361,892,005 in assets on which we do not have discretionary authority (both as of December 31, 2023).