Chieftain Capital Management, Inc. (New York)

Name: Chieftain Capital Management, Inc.
Address: 510 Madison Avenue, New York, NY, 10022
Telephone: 212-626-6100

Chieftain Capital Management, Inc. is a large advisory firm based in New York. It manages $1.69 billion of regulatory assets for 227 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

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

Chieftain Capital Management: assets under management

The assets under management (AUM) of Chieftain Capital Management, Inc. is $1.69 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and $27.64 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.69 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.46 million each.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Chieftain Capital Management, Inc. for their services and products based on a percentage of assets under management. 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 Yung Hwei Ow serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Yung Hwei Ow is high net worth individuals with 173 clients and $1.51 billion of assets under management. Among the 9 most similar advisory firms, Chieftain Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.52 billion for 195 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Chieftain Capital Management doesn't advise any private funds.

Careers at Chieftain Capital Management, Inc.

The company employs 6 people that are either part- or full-time employees. 67 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.

Yung Hwei Ow has been acting as President since 1 Jan 2017. Ralph Joseph Stuto joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Michael Shapiro	Managing director	1 Jan 1984	25% - 50%	4342614
Glenn Hank Greenberg	Managing director	1 Jan 1984	25% - 50%	4342620
Thomas David Stern	Director	1 Jan 1996	Other	1991834
Augustus Oliver	Outside director	1 Mar 1997	Other	2384813
Thomas David Stern	Managing director	1 Jan 2002	Other	1991834
Colin Theodore Moran	Director	1 Jan 2004	Other	2931423
John Michael Shapiro	Managing director	1 Nov 2009	25% - 50%	4342614
Thomas David Stern	Managing director	1 Nov 2009	25% - 50%	1991834
Joshua Rider Slocum	Managing director	1 Nov 2009	Other	2914409
Glenn Hank Greenberg	Shareholder, principal	1 Jan 2010	75% - 100%	4342620
Bryan Ross Lawrence	Principal, chief compliance officer	1 Jan 2010	Other	2406653
Ralph Joseph Stuto	Chief compliance officer	1 May 2011	Other	4205101
Ralph Joseph Stuto	Chief compliance officer	1 Jun 2011	Other	4205101
Yung Hwei Ow	Director	1 Jan 2017	Other	6763794

Based in New York

The principal office where Chieftain Capital Management, Inc. performs its advisory services is located at 510 Madison 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 212-626-6100 or by fax 212-626-6150. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at chieftaincapital.com/.