Mbia Capital Management Corp. (Armonk)

Mbia Capital Management Corp. is a large advisory firm based in Armonk. It manages $22.78 billion of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Mbia Capital Management Corp provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mbia Capital Management Corp: assets under management

The assets under management (AUM) of Mbia Capital Management Corp. is $22.78 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 31% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $22.78 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.13 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mbia Capital Management Corp. for their services and products based on a percentage of assets under management and performance-based 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.

Careers at Mbia Capital Management Corp.

William Thacher Brown has been acting as President since 1 Apr 1999. L.P. And Affiliates Warburg Pincus Private Equity X joined the executive team most recently as the Shareholder Common Stock.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Neil G Budnick	Treasurer and director	1 Jan 1994	Other	xxx-xx-xxxx
Sharon Ann Fera	Vice president	1 Apr 1994	Other	1326920
Edmund Gerald Berrigan	Vice president	1 Jun 1994	Other	1862410
Susan Anne Voltz	Vice president	1 Jun 1994	Other	1330272
Edmund Gerard Berrigan	Director and managing director	1 Jun 1994	Other	1862410
Richard John Walz	Financial operations principal	1 Aug 1995	Other	1392836
Clifford Dean Corso	Chief compliance officer	1 Jan 1996	Other	2477519
Clifford Dean Corso	President, director	1 Feb 1998	Other	2477519
Gary Charles Dunton	Chairman, director	1 Feb 1998	Other	xxx-xx-xxxx
Robert Mark Ohanesian	Senior managing director	1 Feb 1998	Other	xxx-xx-xxxx
Eric Daniel Storch	Vice president	1 Feb 1998	Other	2192489
William Thacher Brown	Director	1 Apr 1999	Other	xxx-xx-xxxx
Robert T. Claiborne	Director	1 Jan 2000	Other	xxx-xx-xxxx
Joseph Ralph Sr Schachinger	Financial operations principal	1 Apr 2000	Other	3038458
Leonard Israel Chubinsky	Secretary	1 Oct 2000	Other	xxx-xx-xxxx
Mbia Asset Management Llc	Owner	1 Dec 2000	75% - 100%	061185706
Carol Kuna Blair	Managing director	1 Dec 2000	Other	1646975
Llc Cutwater Holdings	Owner	1 Dec 2000	75% - 100%	06-1185706
Trevor David Mccollum	Managing director	1 Jun 2004	Other	4414704
Marc Dana Morris	Director	1 Oct 2004	Other	xxx-xx-xxxx
Richard John Walz	Chief compliance officer	1 Oct 2004	Other	1392836
Fallon William Charles	Director	1 Jan 2006	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mbia Inc.	Indirect owner	1 Sep 1998	75% - 100%	06-1185706
Mbia Inc.	Indirect owner	1 Dec 2000	75% - 100%	06-1185706
L.P. And Affiliates Warburg Pincus Private Equity X	Shareholder common stock	1 Mar 2009	25% - 50%	26-0849130

Based in Armonk

The principal office where Mbia Capital Management Corp. performs its advisory services is located at 113 King St, Armonk, NY 10504 1610, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 914-765-3272 or by fax 914-765-3375. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.