Blank Equity Management LLC is a mid-sized advisory firm based in Port Washington. It manages $47.73 million of regulatory assets for 260 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of New Jersey and New York.
Blank Equity Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Blank Equity Management LLC is $47.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and $3.02 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Blank Equity Management LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Blank Equity Management is individuals with 137 clients and $27.03 million of assets under management. Among the 1 most similar advisory firms, Blank Equity Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $47.73 million for 157 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 10% of the firm’s clients are foreign persons or businesses.
Blank Equity Management doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Blank Equity Management LLC performs its advisory services is located at 14 Vanderventer Avenue, Port Washington, NY 11050, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-439-5525 or by fax 516-439-5528. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at blankequity.com.