Gagnon Securities, LLC (New York)

Name: Gagnon Securities, LLC
Address: 1370 6 Th Avenue, New York, NY, 10019
Telephone: 212-554-5060

Gagnon Securities, LLC is a large advisory firm based in New York. It manages $340.38 million of regulatory assets for 995 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Arizona, California, and 38 other states.

Gagnon Securities provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gagnon Securities: assets under management

The assets under management (AUM) of Gagnon Securities, LLC is $340.38 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -35% since the beginning of its operation, and $374.96 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $340.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $342.09 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in non-exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gagnon Securities, LLC for their services and products based on a percentage of assets under management and commissions. 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 Gagnon Securities serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gagnon Securities is individuals with 796 clients and $172.33 million of assets under management. Among the 10 most similar advisory firms, Gagnon Securities has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $340.38 million for 995 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Gagnon Securities doesn't advise any private funds.

Careers at Gagnon Securities, LLC

The company employs 25 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Neil Joseph Gagnon	Manager/ceo	1 Oct 1999	50% - 75%	xxx-xx-xxxx
Susan Elizabeth Dumont	Chief compliance officer	1 May 2000	Other	2346501
Sue Ann Murray	Client services	1 May 2000	Other	xxx-xx-xxxx
Susan Elizabeth Grant	Chief compliance officer	1 May 2000	Other	2346501
Susan Elizabeth Dumont	Crop/rop	1 Jan 2001	Other	xxx-xx-xxxx
Susan Elizabeth Dumont	Financial operations principal	1 Aug 2001	Other	2346501
Susan Elizabeth Grant	Financial operations principal	1 Aug 2001	Other	2346501
Brian Joseph Gagnon	Member	1 Jan 2002	Other	xxx-xx-xxxx
Maureen Oneill Drew	Member	1 Jan 2002	Other	xxx-xx-xxxx
Kent Donald Holden	Member	1 Jan 2002	Other	xxx-xx-xxxx
Susan Elizabeth Dumont	Operations manager	1 Dec 2004	Other	2346501
Matthew Howard Jampole	Member	1 Dec 2004	Other	3272478
Susan Elizabeth Grant	Operations manager	1 Dec 2004	Other	2346501
Kelly Michele Pan	Member	1 Dec 2004	Other	1196415
Richard Michael Sears	Member	1 Dec 2004	Other	1082388
Henry Carl Beinstein	Member	1 Apr 2005	Other	4584546
Jonathan Williams Robohm	Member	1 Apr 2005	Other	2933186
Dwight Eisenhower Lee	Member	1 Aug 2005	Other	xxx-xx-xxxx
Lisa Catherine Ferrante	Member	1 Feb 2006	Other	3135415
Benjamin Cheever Atkinson	Member	1 Feb 2006	Other	1541509
Alison O'brien Tranchida	Member	1 Mar 2007	Other	4345426
Alison Anne O'brien	Member	1 Mar 2007	Other	4345426
Willis Gitt Taylor	Member	1 May 2008	Other	4321965
David Gregory Kern	Member	1 Dec 2009	Other	xxx-xx-xxxx
Marianne D'alessandro	Member	1 Mar 2011	Other	5019195
Mark Alexander Mr Rogers	Portfolio manager	1 Jul 2012	Other	5617415
Ian Mark Isaacs	Member	1 Mar 2014	Other	718004
Michelle Simmons	Member	1 Oct 2014	Other	6246483
Adrienne Michelle Garofalo	Member	1 Mar 2015	Other	2383265
Marianne D'alessandro	Financial operations principal	1 Jan 2016	Other	5019195
Marianne D'alessandro	Chief financial officer	1 Aug 2017	Other	5019195
Alison O'brien Tranchida	Operations manager	1 Dec 2017	Other	4345426
Lisa Catherine Ferrante	Chief compliance officer	1 Dec 2017	Other	3135415

Based in New York

The principal office where Gagnon Securities, LLC performs its advisory services is located at 1370 6 Th Avenue, New York, NY 10019, 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 212-554-5060 or by fax 212-265-6417. The normal business hours are 8:00am - 5:30pm on Monday - Friday. You can find more information about the New York firm at gagnonsec.com.