Stillrock Management Inc (New York)

Stillrock Management Inc is a large advisory firm based in New York. It manages $129.3 million of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and New York.

Stillrock Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Stillrock Management: assets under management

The assets under management (AUM) of Stillrock Management Inc is $129.3 million. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.4 million in discretionary accounts and $8.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $593.33 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Stillrock Management Inc 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.

Careers at Stillrock Management Inc

Arthur Stephen Penn has been acting as President since 1 Jul 1987. Louise Shim has served as the Chief Investment Officer since 1 Jan 2005. Margot S. Rubin joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Douglas Elliman	Treasurer	1 Jul 1987	25% - 50%	4394278
Arthur Stephen Penn	President	1 Jul 1987	25% - 50%	4394283
Robert Model	Vice president	1 Jan 1993	25% - 50%	4394292
Kathleen Corrado	Compliance officer	1 Jan 1999	Other	2605293
Loris Muzzatti	President	1 Jan 2005	Other	4928691
Louise Shim	Chief investment officer	1 Jan 2005	Other	2308193
David Douglas Elliman	Co-chairman	1 Dec 2005	50% - 75%	4394278
Arthur Stephen Penn	Co-chairman	1 Dec 2005	50% - 75%	4394283
Margot S. Rubin	Chief compliance officer	1 Mar 2006	Other	5109343

Based in New York

The principal office where Stillrock Management Inc performs its advisory services is located at 150 E 52 Nd St, 8 Fl, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.