Mortgage Industry Advisory Corporation (New York)

Name: Mortgage Industry Advisory Corporation
Address: 521 5 Th Avenue, New York, NY, 10175
Telephone: 212-233-1250

Mortgage Industry Advisory Corporation is a large advisory firm based in New York. It manages $2.58 billion of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.

Mortgage Industry Advisory Corporation provides mortgage pipeline hedge advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mortgage Industry Advisory Corporation: assets under management

The assets under management (AUM) of Mortgage Industry Advisory Corporation is $2.58 billion. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mortgage Industry Advisory Corporation for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mortgage Industry Advisory Corporation serves?

The firm provides services to banking or thrift institutions and state or municipal government entities. The largest group of clients of Mortgage Industry Advisory Corporation is banking or thrift institutions with 17 clients and $436 million of assets under management. Among the 7 most similar advisory firms, Mortgage Industry Advisory Corporation has the 2nd highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $609 million for 19 clients. None of the firm’s clients are foreign persons or businesses.

Mortgage Industry Advisory Corporation doesn't advise any private funds.

Careers at Mortgage Industry Advisory Corporation

The company employs 90 people that are either part- or full-time employees. 9 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Nathaniel Husted	Principal	1 Nov 1989	50% - 75%	871636
Paul Thomas Vanvalkenburg	Principal	1 Nov 1989	50% - 75%	1573062
Robert Nathaniel Husted	Chief compliance officer	1 Jan 2005	50% - 75%	871636
Ruth Friedman	Chief compliance officer	1 Jan 2009	Other	4821154

Based in New York

The principal office where Mortgage Industry Advisory Corporation performs its advisory services is located at 521 5 Th Avenue, New York, NY 10175, 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 212-233-1250 or by fax 212-233-2265. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at miacanalytics.com.