Lexion Capital Management LLC (New York)

Name: Lexion Capital Management LLC
Address: 41 Madison Ave, New York, NY, 10010
Telephone: 888-452-9355

Lexion Capital Management LLC is a large advisory firm based in New York. It manages $90.9 million of regulatory assets for 142 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.

Lexion Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lexion Capital Management: assets under management

The assets under management (AUM) of Lexion Capital Management LLC is $90.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $90.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $640.14 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is derivatives, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lexion Capital Management LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.

What kind of clients Lexion Capital Management serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Lexion Capital Management is high net worth individuals with 79 clients and $78.29 million of assets under management. Among the 5 most similar advisory firms, Lexion Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $90.9 million for 102 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.

Lexion Capital Management doesn't advise any private funds.

Careers at Lexion Capital Management LLC

The company employs 4 people that are either part- or full-time employees. 25 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
Ellen R Kaplan	Managing director & chief compliance officer	1 Mar 2010	75% - 100%	3105797
Ellen R Kaplan	Managing director & chief compliance officer	1 Oct 2010	75% - 100%	3105797

Based in New York

The principal office where Lexion Capital Management LLC performs its advisory services is located at 41 Madison Ave, New York, NY 10010, 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 888-452-9355 or by fax 888-452-6958. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at lexioncapital.com.