Crossingbridge Advisors, LLC (Pleasantville)


Crossingbridge Advisors, LLC is a large advisory firm based in Pleasantville. It manages $794.45 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Crossingbridge Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Crossingbridge Advisors: assets under management

The assets under management (AUM) of Crossingbridge Advisors, LLC is $794.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $794.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $198.61 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Crossingbridge Advisors, 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 Crossingbridge Advisors serves?

The only and largest group of clients of Crossingbridge Advisors is investment companies with 4 clients and $794.45 million of assets under management. Among the 11 most similar advisory firms, Crossingbridge Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $794.45 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Crossingbridge Advisors doesn't advise any private funds.

Careers at Crossingbridge Advisors, LLC

The company employs 13 people that are either part- or full-time employees. 62 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
David K (Mi Only) Sherman Manager 1 Dec 2016 Other 1304089
Cohanzick Management Llc Non-managing member 1 Dec 2016 75% - 100% 149772
Jonathan Seth Barkoe Chief compliance officer and chief financial officer 1 Dec 2016 Other 5657235

Based in Pleasantville

The principal office where Crossingbridge Advisors, LLC performs its advisory services is located at 427 Bedford Road, Suite 230, Pleasantville, NY 10570, 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 (914) 741-1515. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at crossingbridge.com/.