Balance Asset Management, LLC (New York)

Name: Balance Asset Management, LLC
Address: 152 West 57 Th Street, New York, NY, 10019
Telephone: 212-974-3500

Balance Asset Management, LLC is a large advisory firm based in New York. It manages $220 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005.

Balance Asset Management 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.

Balance Asset Management: assets under management

The assets under management (AUM) of Balance Asset Management, LLC is $220 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 581% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $220 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balance Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based 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.

Based in New York

The principal office where Balance Asset Management, LLC performs its advisory services is located at 152 West 57 Th Street, New York, NY 10019, 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 212-974-3500 or by fax 212-974-3501. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at www.balancellc.com.

Balance Asset Management, LLC (New York)

Balance Asset Management: assets under management

Fees & Commissions

Based in New York

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