Castle Harlan, Inc. is a large advisory firm based in New York. It manages $875.77 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida and New York.
Castle Harlan provides 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.
The assets under management (AUM) of Castle Harlan, Inc. is $875.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -39% since the beginning of its operation, and $112.42 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Castle Harlan, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of William D. Zabel is pooled investment vehicles with 15 clients and $875.77 million of assets under management. Among the 10 most similar advisory firms, Castle Harlan has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $875.77 million for 15 clients. 47% of the firm’s clients are foreign persons or businesses.
Castle Harlan also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $1,500,000.
The company employs 21 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
William D. Zabel has been acting as President since 1 May 2015. David Alexander Castle joined the executive team most recently as the Sr. Vice President, Treasurer, Chief Administrative Officer, Member Of The Board Of Directors.
The principal office where Castle Harlan, Inc. performs its advisory services is located at 150 East 58 Th Street, New York, NY 10155, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-644-8600 or by fax 212-317-8416. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at castleharlan.com.