Montrose Advisors Inc is a mid-sized advisory firm based in New York. It manages $150.14 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New York and Texas.
Montrose Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. 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 Montrose Advisors Inc is $150.14 million. The firm's AUM has gone down by -43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Montrose Advisors Inc 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 high net worth individuals and pooled investment vehicles. The largest group of clients of John Angus Lubbock is high net worth individuals with 15 clients and $40.47 million of assets under management. Among the 8 most similar advisory firms, Montrose Advisors has the lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $55.33 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Montrose Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Angus Lubbock has been acting as President since 1 Dec 2012. Anthony Panebianco joined the executive team most recently as the Director.
The principal office where Montrose Advisors Inc performs its advisory services is located at 505 Park Avenue, 20 Th Floor, New York, NY 10022, 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 212-888-4747 or by fax 212-888-4018. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at montroseadvisors.com.