Flying Point Asset Management LLC (Chappaqua)

Name: Flying Point Asset Management LLC
Address: 62 Random Farms Circle, Chappaqua, NY, 10514
Telephone: 914-715-5826

Flying Point Asset Management LLC is a mid-sized advisory firm based in Chappaqua. It manages $26.41 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of New York.

Flying Point Asset Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Flying Point Asset Management: assets under management

The assets under management (AUM) of Flying Point Asset Management LLC is $26.41 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 million each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Flying Point 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.

What kind of clients Flying Point Asset Management serves?

The only and largest group of clients of Flying Point Asset Management is high net worth individuals with 14 clients and $26.41 million of assets under management. Among the 3 most similar advisory firms, Flying Point Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $26.41 million for 14 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.

Flying Point Asset Management doesn't advise any private funds.

Careers at Flying Point Asset Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Hugh Nadel	Managing member/chief compliance officer	1 Jan 2011	75% - 100%	5920584

Based in Chappaqua

The principal office where Flying Point Asset Management LLC performs its advisory services is located at 62 Random Farms Circle, Chappaqua, NY 10514, 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 914-715-5826 or by fax 914-923-2484. 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 flyingpointam.com.