Mt Asset Management, LLC is a large advisory firm based in New York. It manages $1.01 billion of regulatory assets for 848 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 41 other states.
Mt Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and strategy research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Mt Asset Management, LLC is $1.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1254% since the beginning of its operation, and $446 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Mt Asset Management, LLC 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.
The only and largest group of clients of Mt Asset Management is individuals with 848 clients and $1.01 billion of assets under management. Among the 6 most similar advisory firms, Mt Asset Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.01 billion for 848 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.
Mt Asset Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Mt Asset Management, LLC performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Matawan, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-850-8103 or by fax 212-850-8102. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at millertabakam.com.