Teton Advisors, Inc. is a large advisory firm based in Rye. It manages $1.32 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of New York and Puerto Rico.
Teton Advisors provides portfolio management for investment companies and portfolio management for businesses and institutional clients. 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 Teton Advisors, Inc. is $1.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 200% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Teton Advisors, Inc. 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 firm provides services to investment companies and banking or thrift institutions. The largest group of clients of Howard Frank Ward is investment companies with 7 clients and $1.28 billion of assets under management. Among the 10 most similar advisory firms, Teton Advisors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.32 billion for 8 clients. None of the firm’s clients are foreign persons or businesses.
Teton Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
Howard Frank Ward has been acting as President since 1 May 2009. Patrick Bernard Huvane joined the executive team most recently as the Chief Financial Officer.
The principal office where Teton Advisors, Inc. performs its advisory services is located at 401 Theodore Fremd Avenue, Rye, NY 10580 1422, 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 914-457-1070 or by fax 914-921-5091. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tetonadv.com.