Long Point Capital, Inc (New York)

Name: Long Point Capital, Inc
Address: 747 Third Ave., New York, NY, 10017
Telephone: 212-593-1800

Long Point Capital, Inc is a large advisory firm based in New York. It manages $252.95 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2013.

Long Point Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Long Point Capital: assets under management

The assets under management (AUM) of Long Point Capital, Inc is $252.95 million. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $237.17 million in discretionary accounts and $15.78 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.78 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Long Point Capital, Inc for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 Long Point Capital serves?

The only and largest group of clients of Long Point Capital is pooled investment vehicles with 6 clients and $252.95 million of assets under management. Among the 9 most similar advisory firms, Long Point Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $252.95 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Long Point Capital also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Long Point Capital, Inc

The company employs 6 people that are either part- or full-time employees. 83 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
Ira (Nmn) Starr	President of long point capital, inc	1 Sep 1997	50% - 75%	1414537
Gerard William Boylan	Vice president & secretary of long point capital, inc.	1 Sep 1997	25% - 50%	6046666
Ira (Nmn) Starr	Managing member of longpoint capital partners, llc	1 Jan 1998	25% - 50%	1414537
John Adams Morgan	Managing member of long point capital partners, llc	1 Jan 1998	25% - 50%	339961
Gerard William Boylan	Managing member of long point capital partners, llc	1 Jan 1998	25% - 50%	6046666
Jr. William C Ughetta	Managing member of long point capital partners, llc	1 Jan 1998	25% - 50%	6180332
Ira (Nmn) Starr	Management limited partner of long point capital partners ii, lp	1 Nov 2004	25% - 50%	1414537
Jr. William C Ughetta	Management limited partner of long point capital partners ii, lp	1 Nov 2004	25% - 50%	6180332
Gerard William Boylan	Management limited partner of long point capital partners ii, lp	1 Nov 2004	25% - 50%	6046666
Richard Dominick Limardo	Chief compliance officer of long point capital, inc.	1 Mar 2012	Other	4052396
Eric Stephen Von Stroh	Co-president and member manager of long point capital management llc	1 Dec 2012	25% - 50%	4353876
Ira (Nmn) Starr	Co-president and member manager of long point capital management llc	1 Dec 2012	50% - 75%	1414537
Gerard William Boylan	Member of long point capital management llc	1 Dec 2012	Other	6046666
Eric Stephen Von Stroh	Vice president of long point capital, inc.	1 Nov 2014	25% - 50%	4353876

Based in New York

The principal office where Long Point Capital, Inc performs its advisory services is located at 747 Third Ave., New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Royal Oak, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-593-1800 or by fax 212-593-1888. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at lpcfund.com.