M.D. Sass, LLC (New York)

Name: M.D. Sass, LLC
Address: 55 West 46 Th Street, New York, NY, 10036
Telephone: 212-730-2000

M.D. Sass, LLC is an investment adviser to an investment company based in New York. It manages $45.59 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

M.D. Sass provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

M.D. Sass: assets under management

The assets under management (AUM) of M.D. Sass, LLC is $45.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 645% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.79 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is derivatives, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay M.D. Sass, 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.

What kind of clients Martin Douglas Sass serves?

The only and largest group of clients of Martin Douglas Sass is investment companies with 1 clients and $41.34 million of assets under management. Among the 4 most similar advisory firms, M.D. Sass has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $41.34 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

M.D. Sass doesn't advise any private funds.

Careers at M.D. Sass, LLC

The company employs 16 people that are either part- or full-time employees. 31 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Martin Douglas Sass has been acting as President since 1 Feb 2013. Ari Sass joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin Douglas Sass	Chairman/chief executive officer/director	1 Feb 2013	50% - 75%	411144
Hugh Roy Lamle	President/director	1 Feb 2013	25% - 50%	301153
Philip Matthew Sivin	Chief financial officer, senior managing director	1 Feb 2013	Other	4362220
Bobby Liu	Chief operating officer, general counsel, chief compliance officer & secretary	1 Feb 2013	Other	4771903
Ari Sass	Senior vice president	1 Feb 2013	Other	6046600
Cristian Fernando Posada	Class b member	1 Oct 2013	Other	4388088
Craig Christian Barney	Class b member	1 Oct 2013	Other	3060099
Jason N Rapp	Class b member	1 Oct 2013	Other	2627584
Md Sass Family Trust	Class b member	1 Oct 2013	50% - 75%	06-6437028
Ari Sass	President	1 Jan 2018	25% - 50%	6046600

Based in New York

The principal office where M.D. Sass, LLC performs its advisory services is located at 55 West 46 Th Street, New York, NY 10036, 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 212-730-2000 or by fax 212-764-0381. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mdsass.com.