Arnhold LLC is a large advisory firm based in New York. It manages $3.91 billion of regulatory assets for 91 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.
Arnhold provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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 Arnhold LLC is $3.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $1.25 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Arnhold LLC 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 firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Arnhold is pooled investment vehicles with 11 clients and $1.73 billion of assets under management. Among the 6 most similar advisory firms, Arnhold has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.89 billion for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 16% of the firm’s clients are foreign persons or businesses.
Arnhold also advises several private funds. Namely, three hedge funds and five other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.
The company employs 13 people that are either part- or full-time employees. 54 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.
The principal office where Arnhold LLC performs its advisory services is located at 1370 Avenue Of The Americas, New York, NY 10019 4602, 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) 651-3700 or by fax (646) 365-3065. The normal business hours are 9:00am - 5:00pm on Monday - Friday.