Traub Capital Management, LLC (Needham)

Name: Traub Capital Management, LLC
Address: 97 Chapel St, Needham, MA, 02492 2680
Telephone: 781-453-3929

Traub Capital Management, LLC is a large advisory firm based in Needham. It manages $107.35 million of regulatory assets for 81 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Massachusetts and Texas.

Traub Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for investment companies. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Traub Capital Management: assets under management

The assets under management (AUM) of Traub Capital Management, LLC is $107.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 411% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.33 million each.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Traub Capital Management, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Traub Capital Management serves?

The firm provides services to individuals, investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Traub Capital Management is high net worth individuals with 35 clients and $72.33 million of assets under management. Among the 12 most similar advisory firms, Traub Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.35 million for 81 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.

Traub Capital Management doesn't advise any private funds.

Careers at Traub Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 100 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Heydon David Traub	Managing member and chief compliance officer	1 Oct 2003	75% - 100%	3051205

Based in Needham

The principal office where Traub Capital Management, LLC performs its advisory services is located at 97 Chapel St, Needham, MA 02492 2680, 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 781-453-3929 or by fax 781-898-7647. The normal business hours are 8:30-5:30 on Monday - Friday. You can find more information about the New York firm at traubcapital.com/.