Abbott Capital Management LLC (New York)

Name: Abbott Capital Management LLC
Address: 1290 Avenue Of The Americas, New York, NY, 10104
Telephone: 212-757-2700

Abbott Capital Management LLC is a large advisory firm based in New York. It manages $9.53 billion of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts, New York, and Texas.

Abbott Capital Management provides 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.

Abbott Capital Management: assets under management

The assets under management (AUM) of Abbott Capital Management LLC is $9.53 billion. The firm's AUM has grown by 73% since the beginning of its operation, and $16.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $8.95 billion in discretionary accounts and $582.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $194.01 million.

Abbott Capital Management has custody of $4.26 billion in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Abbott Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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 Jonathan David Roth serves?

The firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of Jonathan David Roth is state or municipal government entities with 7 clients and $5.86 billion of assets under management. Among the 11 most similar advisory firms, Abbott Capital Management has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $9.51 billion for 35 clients. 1% of the firm’s clients are foreign persons or businesses.

Abbott Capital Management also advises several private funds. Namely, twenty six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $150,000,000.

Careers at Abbott Capital Management LLC

The company employs 52 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Jonathan David Roth has been acting as President since 1 May 1997. Thaddeus Ives Gray has served as the Chief Investment Officer since 1 Jan 1995. Kimberly Susan Berliner joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stanley Edward Pratt	Member	1 Jul 1987	Other	816402
Raymond Leonard Held	Member	1 Jul 1987	Other	4337952
Thaddeus Ives Gray	Chief investment officer/member	1 Jan 1995	Other	1365790
Jonathan David Roth	President/member	1 May 1997	Other	4337957
Kathryn Jan Stokel	Chief operating officer/member	1 Mar 1998	Other	4337960
Lauren Marie Massey	Member	1 Jan 2000	Other	2551692
Charles Henry Vanhorne	Member	1 Jan 2002	Other	1960783
Mary Teresa Hornby	Chief legal officer/member	1 Jan 2005	Other	5313916
Matthew Michael Smith	Member	1 Jan 2006	Other	5113004
Meredith Leigh Rerisi	Member	1 Jan 2006	Other	5113008
Timothy William Maloney	Member	1 Jan 2010	Other	5770409
Paolo Parziale	Member	1 Jan 2010	Other	5770429
Christopher Ragazzo	Member	1 Jan 2013	Other	4602957
Karen Hager	Chief compliance officer	1 Jan 2015	Other	4360272
Young Lee	Member	1 Jan 2015	Other	3103400
Leonard Pangburn	Member	1 Jan 2016	Other	6622612
Leonard Pangburn	Member	1 Jan 2017	Other	6622612
Lauren Marie Massey	Chief compliance officer	1 Mar 2018	Other	2551692
Kimberly Susan Berliner	Chief compliance officer	1 Jun 2018	Other	4119945

Based in New York

The principal office where Abbott Capital Management LLC performs its advisory services is located at 1290 Avenue Of The Americas, New York, NY 10104, 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 212-757-2700 or by fax 212-757-0835. The normal business hours are 8:30 am to 6 pm on Monday - Friday. You can find more information about the New York firm at abbottcapital.com.