Arnhold LLC (New York)

Arnhold LLC is a large advisory firm based in New York. It manages $3.91 billion of regulatory assets for 91 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Arnhold provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Arnhold: assets under management

The assets under management (AUM) of Arnhold LLC is $3.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $1.25 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.91 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.92 million each.

Arnhold has custody of $881.84 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 63% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in investment and business development companies form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arnhold LLC for their services and products based on a percentage of assets under management and performance-based 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 Arnhold serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Arnhold is pooled investment vehicles with 11 clients and $1.73 billion of assets under management. Among the 6 most similar advisory firms, Arnhold has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.89 billion for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 16% of the firm’s clients are foreign persons or businesses.

Arnhold also advises several private funds. Namely, three hedge funds and five other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.

Careers at Arnhold LLC

The company employs 13 people that are either part- or full-time employees. 54 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
Christa Mueller Dorrego	Managing director, chief compliance officer	1 Oct 2017	Other	2281187
Arnhold Managing Member Llc	Managing member	1 Oct 2017	75% - 100%	11-11111111
Timothy Lee Tabor	Managing director	1 Oct 2017	Other	1079602
John Peter Arnhold	Managing director	1 Oct 2017	Other	1012444
Arnhold Management Llc	Managing member	1 Oct 2017	75% - 100%	32-0540732

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
John Peter Arnhold	Managing member	1 Jul 2017	75% - 100%	1012444

Based in New York

The principal office where Arnhold LLC performs its advisory services is located at 1370 Avenue Of The Americas, New York, NY 10019 4602, 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) 651-3700 or by fax (646) 365-3065. The normal business hours are 9:00am - 5:00pm on Monday - Friday.