Beekman Wealth Advisory, LLC (New York)

Name: Beekman Wealth Advisory, LLC
Address: 620 Fifth Avenue, New York, NY, 10020
Telephone: 212-365-7400

Beekman Wealth Advisory, LLC is a large advisory firm based in New York. It manages $385 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

Beekman Wealth Advisory provides portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Beekman Wealth Advisory: assets under management

The assets under management (AUM) of Beekman Wealth Advisory, LLC is $385 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in pooled investment vehicles form 23% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Beekman Wealth Advisory, LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Beekman Wealth Advisory serves?

The only and largest group of clients of Beekman Wealth Advisory is high net worth individuals with 10 clients and $385 million of assets under management. Among the 11 most similar advisory firms, Beekman Wealth Advisory has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $385 million for 10 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.

Beekman Wealth Advisory doesn't advise any private funds.

Careers at Beekman Wealth Advisory, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Elizabeth Prentice Anderson	Managing director	1 May 2003	75% - 100%	2306590
Patricia Zemlanicky	Chief compliance officer	1 Oct 2012	Other	5774764
Lauren Marie Archer	Vice president	1 Aug 2014	Other	4499470

Based in New York

The principal office where Beekman Wealth Advisory, LLC performs its advisory services is located at 620 Fifth Avenue, New York, NY 10020, which is also the mailing address of the firm. An additional office of the firm is in Garrison, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-365-7400 or by fax 212-632-3520. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at beekmanwealth.com.