Fixed Income Discount Advisory Company (New York)

Fixed Income Discount Advisory Company is a large advisory firm based in New York. It manages $17.34 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Fixed Income Discount Advisory Company provides 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.

Fixed Income Discount Advisory Company: assets under management

The assets under management (AUM) of Fixed Income Discount Advisory Company is $17.34 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1089% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.34 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.34 billion each.

Fixed Income Discount Advisory Company has custody of $17.34 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fixed Income Discount Advisory Company 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.

Careers at Fixed Income Discount Advisory Company

Kevin Gerard Keyes has been acting as President since 1 Oct 2012. Rose Marie Lyght has served as the Chief Investment Officer since 1 Sep 2010. Glenn A Votek joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Aj Farrell	Chairman & ceo	1 Jul 1994	75% - 100%	1235250
Wellington Jamie Stclaire	Vice chairman & chief asset manager	1 Jul 1994	Other	1774389
Wellington Jamie Denahan	Vice chairman & chief asset manager	1 Jul 1994	Other	1774389
Kathryn Fontenot Fagan	Treasurer & chief financial officer	1 Mar 1997	Other	4346373
Kathryn Fagan	Treasurer & chief financial officer	1 Mar 1997	Other	4346373
Annalee Alexandra Denahan	Compliance officer	1 Nov 2002	Other	4812122
Inc. Annaly Capital Management	Owner	1 Jun 2004	75% - 100%	22-3479661
Inc. Annaly Mortgage Management	Owner	1 Jun 2004	75% - 100%	22-3479661
Ranjit Nicholas Singh	Chief legal officer	1 Feb 2005	Other	4936803
Nicholas Singh	Chief compliance officer	1 Feb 2005	Other	4936803
Rose Marie Lyght	Chief investment officer	1 Sep 2010	Other	5596627
Kevin Gerard Keyes	President	1 Oct 2012	Other	2091101
Rose Marie Lyght	Co-chief investment officer	1 Oct 2012	Other	5596627
James Patrick Fortescue	Chief operating officer	1 Oct 2012	Other	2664841
Wellington Jamie Denahan	Chairman & chief executive officer	1 Nov 2012	Other	1774389
Michael Thomas Dorsey	Chief compliance officer	1 Jul 2013	Other	2560077
Glenn A Votek	Chief financial officer	1 Aug 2013	Other	2872520

Based in New York

The principal office where Fixed Income Discount Advisory Company performs its advisory services is located at 1211 Avenue Of The Americas, New York, NY 10036, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.