Furgueson Capital Management Incorporated (New York)

Furgueson Capital Management Incorporated is a large advisory firm based in New York. It manages $310 million of regulatory assets for 370 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 10 other states.

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

Furgueson Capital Management Incorporated: assets under management

The assets under management (AUM) of Furgueson Capital Management Incorporated is $310 million. The firm's AUM has grown by 30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250 million in discretionary accounts and $60 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $757.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.5 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Furgueson Capital Management Incorporated for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Furgueson Capital Management Incorporated

Cornelius Furgueson has been acting as President since 1 Feb 1970. Michael David Jamison joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cornelius Furgueson	Owner/director	1 Feb 1970	25% - 50%	2525855
Iii Samuel Byrod Fortenbaugh	Director	1 Feb 1970	Other	4346355
Rita Maselli	Chief compliance officer	1 Jan 2003	Other	5030672
Richard B Cawthorne	Senior vice president	1 May 2003	Other	4630309
Michael Ferrara Fleming	Chief compliance officer	1 Apr 2006	Other	5030672
Joseph Anthony Alviani	Chief compliance officer	1 Oct 2009	Other	5755454
Beacon Financial Corporation	Shareholder	1 Dec 2009	75% - 100%	27-1119643
Michael David Jamison	Executive vice president	1 Dec 2010	Other	1204463

Based in New York

The principal office where Furgueson Capital Management Incorporated performs its advisory services is located at 19 West 44 Th St, New York, NY 10036 6090, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.