Vanderbilt Avenue Asset Management LLC is a large advisory firm based in New York. It manages $334.69 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2007.
Vanderbilt Avenue Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and asset allocation statistics. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as vanderbilt markets a cash management product..
The assets under management (AUM) of Vanderbilt Avenue Asset Management LLC is $334.69 million. The firm's AUM has gone down by -85% since the beginning of its operation, and $15.61 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Vanderbilt Avenue Asset Management LLC for their services and products based on a percentage of assets under management 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 corporations or other businesses. The largest group of clients of Vanderbilt Avenue Asset Management is corporations or other businesses with 17 clients and $221.3 million of assets under management. Among the 9 most similar advisory firms, Vanderbilt Avenue Asset Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $233.98 million for 22 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.
Vanderbilt Avenue Asset Management doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 73 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 compensates 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 Vanderbilt Avenue Asset Management LLC performs its advisory services is located at 410 Park Avenue, 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) 973-2200 or by fax (212) 973-2201. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at vaamllc.com.