Vanderbilt Avenue Asset Management LLC (New York)

Name: Vanderbilt Avenue Asset Management LLC
Address: 410 Park Avenue, New York, NY, 10022
Telephone: (212) 973-2200

Vanderbilt Avenue Asset Management LLC is a large advisory firm based in New York. It manages $334.69 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2007.

Vanderbilt Avenue Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and asset allocation statistics. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as vanderbilt markets a cash management product..

Vanderbilt Avenue Asset Management: assets under management

The assets under management (AUM) of Vanderbilt Avenue Asset Management LLC is $334.69 million. The firm's AUM has gone down by -85% since the beginning of its operation, and $15.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $146.04 million in discretionary accounts and $188.65 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.59 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.2 million.

Investments

The firm invests in cash and cash equivalents the most. They account for 56% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 21% of the firm’s portfolio. Investments in government bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vanderbilt Avenue Asset Management LLC for their services and products based on a percentage of assets under management and fixed 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 Vanderbilt Avenue Asset Management serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Vanderbilt Avenue Asset Management is corporations or other businesses with 17 clients and $221.3 million of assets under management. Among the 9 most similar advisory firms, Vanderbilt Avenue Asset Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $233.98 million for 22 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Vanderbilt Avenue Asset Management doesn't advise any private funds.

Careers at Vanderbilt Avenue Asset Management LLC

The company employs 11 people that are either part- or full-time employees. 73 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Emad Abdelkhalik Zikry	Founder	1 Sep 2007	75% - 100%	1826438
Emad A Zikry	Manager	1 Sep 2007	75% - 100%	1826438
Charles J. Hecht	Chief compliance officer	1 Dec 2007	Other	5468193
Charles Joel Hecht	Chief compliance officer	1 Dec 2007	Other	5468193
Emad Abdelkhalik Zikry	Managing member	1 Apr 2008	75% - 100%	1826438
John Hall Pankratz	Chief administrative officer	1 Apr 2008	Other	1324503
Marc Gerhard Konheiser	Chief operations officer	1 Apr 2008	Other	2838865
Fuad Hageb	Senior vice president	1 Apr 2008	Other	2010757
Fuad (Nmn) Hageb	Senior vice president	1 Apr 2008	Other	2010757
William Joseph Malone	Portfolio manager	1 Apr 2008	Other	2236915
Fuad A Hageb	Chief compliance officer	1 Apr 2008	Other	2010757
Tom M Ogorman	Senior managing director	1 Apr 2008	Other	4379979
Thomas Michael Ogorman	Senior managing director	1 Apr 2008	Other	4379979
Thomas Anthony Goepfert	President and chief investment officer	1 May 2008	Other	1825991
Cort William Gorham	Chief compliance officer	1 Jan 2009	Other	5067965
Cort Gorham	Chief compliance officer	1 Jan 2009	Other	5067965
Charles P Baker	Managing director	1 Apr 2011	Other	6319071
Charles Philip Baker	Managing director	1 Apr 2011	Other	6319071

Based in New York

The principal office where Vanderbilt Avenue Asset Management LLC performs its advisory services is located at 410 Park Avenue, New York, NY 10022, 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) 973-2200 or by fax (212) 973-2201. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at vaamllc.com.