E*Trade Capital Management, LLC (New York)
E*Trade Capital Management, LLC is a large advisory firm based in New York. It manages $5.67 billion of regulatory assets for 35,265 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
E*Trade Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
E*Trade Capital Management: assets under management
The assets under management (AUM) of E*Trade Capital Management, LLC is $5.67 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5362% since the beginning of its operation, and $351.85 thousand of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay E*Trade Capital Management, LLC for their services and products based on a percentage of assets under management. 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.
What kind of clients Lena Haas serves?
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Lena Haas is individuals with 35,203 clients and $5.37 billion of assets under management. Among the 8 most similar advisory firms, E*Trade Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $5.67 billion for 35,265 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.
E*Trade Capital Management doesn't advise any private funds.
Careers at E*Trade Capital Management, LLC
Lena Haas has been acting as President since 1 Aug 2013. Michael Joseph Murphy joined the executive team most recently as the Chief Executive Officer / Elected Manager.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 2 indirect owners.Based in New York
The principal office where E*Trade Capital Management, LLC performs its advisory services is located at 11 Times Square, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-521-4300 or by fax 703-236-4895. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at etrade.com.
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