Loeb Partners Corporation is a large advisory firm based in New York. It manages $455.06 million of regulatory assets for 215 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Maryland, New Jersey, and New York.
Loeb Partners Corporation provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Loeb Partners Corporation is $455.06 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 518% since the beginning of its operation, and $19.24 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Loeb Partners Corporation 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of James Lindsey Kempner is high net worth individuals with 48 clients and $352.64 million of assets under management. Among the 9 most similar advisory firms, Loeb Partners Corporation has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $454.94 million for 158 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Loeb Partners Corporation doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
James Lindsey Kempner has been acting as President since 1 Jan 2014. Lhc Marital Trust Fbo Ann Kempner joined the executive team most recently as the Trust.
The principal office where Loeb Partners Corporation performs its advisory services is located at 100 Wall Street, New York, NY 10005, 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 212-483-7000 or by fax 212-574-2001. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at loebpartners.com.