General Description of Advisory Firm.
Insight Advisors, LLC (“Insight” or the “Investment Adviser”) is a limited liability company
organized in 1998 under the laws of the state of Delaware and is owned and controlled by
Michael A. Tito.
Insight is the first online hedge fund manager “robo-advisor” giving individual investors the
ability to more fully diversify their portfolios via access to an automated solution.
Insight aims to fill the gap between liquid alternative mutual funds and high minimum hedge
funds by providing a new option for investors who, based on their income level, may not be
eligible under accredited investor rules to invest in private funds. After completing an online
questionnaire concerning their personal finances, investment goals and time horizon at
www.insightadvisors.co, clients receive hedge fund investment advice through its interactive
website.
Insight’s computer-based application and algorithm processes and analyzes each client’s
response, creates an investment plan, and then helps the client implement that plan through low
cost, low minimum investments in equity long/short, event driven, global macro, and relative
value hedge fund strategies.
Insight utilizes separately managed accounts, or SMAs, an alternative to funds and ETFs. In
contrast to owning a share in a fund, SMAs allow the investor to own each of the individual
stocks that comprise the investment strategy. Ownership of the individual securities enables
advanced customization and tax management techniques.
With a long-term history, Insight Advisors offers superior risk-adjusted returns with low
correlation to indices primarily by using security selection, or “alpha” as opposed to overall
market exposure, or “beta.”
Description of Advisory Services.
The Investment Adviser provides discretionary investment advisory services. Investors may
invest in a discretionary pooled investment vehicle or have Insight manage its assets via a
separate account arrangement governed by an investment management agreement.
Insight’s investment advisory services for separate accounts consist of sourcing and analyzing
investment
opportunities, making investments, monitoring investments, disposing of investments
already made by each Client, and providing risk management services to each Client. The service
is offered through Insight’s interactive website, www.insightadvisors.co. Unless the context
clearly indicates otherwise, this discussion is illustrative of the terms of a typical Client for
which Insight provides advisory services. The terms applicable to a particular Client may vary
from those described herein, as described more specifically in the respective investment
management agreement with such Client. Insight’s Clients take an online questionnaire that
measures their risk tolerance, investment goals, and investment objectives. It may also gather
other information about the Client such as investment experience, household income, age, and
investable assets. The Client’s answers are used to formulate a recommended investment
allocation. The Client has the option of receiving the recommendation by email and executing
the transactions themselves, or having Insight execute the transactions in the Client’s account.
Insight’s portfolio management services are tailored to the goals of each portfolio. Although a
Client may place restrictions upon the types of securities or specific securities to be purchased,
sold or held in such Client’s account, these restrictions must be in writing and accompany the
applicable investment management agreement.
With regard to the pooled investment vehicle, Insight serves as managing member of Insight
Multi-Strategy U.S. Partners LLC, a Delaware limited liability company organized in February
2010 (the “Fund”). The Fund is not registered as an investment company, in reliance on Section
3(c)7 of the Investment Company Act of 1940, as amended (the “ICA”), which permits private
investment companies (such as the Fund) to sell their interests on a private placement basis to
“qualified purchasers,” as such term is defined in the ICA.
Insight does not participate in or sponsor wrap-fee programs.
Assets Under Management. Insight manages approximately $2,500,000 as of December
31, 2023 on a discretionary basis. Insight does not manage any assets on a non-discretionary
basis.