Studness Research, Inc. (Manhasset)

Name: Studness Research, Inc.
Address: 60 Bingham Circle, Manhasset, NY, 11030
Telephone: 516-627-4976

Studness Research, Inc. is a mid-sized advisory firm based in Manhasset. It manages $43 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2003.

Studness Research 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.

Studness Research: assets under management

The assets under management (AUM) of Studness Research, Inc. is $43 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.87 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Studness Research, 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 Charles Michael Studness serves?

The only and largest group of clients of Charles Michael Studness is high net worth individuals with 15 clients and $43 million of assets under management. Among the 3 most similar advisory firms, Studness Research has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $43 million for 15 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Studness Research doesn't advise any private funds.

Careers at Studness Research, Inc.

The company employs 4 people that are either part- or full-time employees. 25 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.

Charles Michael Studness has been acting as President since 1 Mar 1981. Harriet Leah Studness joined the executive team most recently as the Treasurer, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Michael Studness	President	1 Mar 1981	50% - 75%	439036
Harriet Leah Studness	Treasurer, chief compliance officer	1 Mar 1981	50% - 75%	1276759

Based in Manhasset

The principal office where Studness Research, Inc. performs its advisory services is located at 60 Bingham Circle, Manhasset, NY 11030, 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 516-627-4976 or by fax 516-365-3537. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at studness.com.