Taurus Asset Management, LLC (New York)

Name: Taurus Asset Management, LLC
Address: 590 Madison Avenue, 9 Th Flr, New York, NY, 10022 2524
Telephone: 212-457-9922

Taurus Asset Management, LLC is a large advisory firm based in New York. It manages $980.78 million of regulatory assets for 481 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Connecticut, and 15 other states.

Taurus Asset Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Taurus Asset Management: assets under management

The assets under management (AUM) of Taurus Asset Management, LLC is $980.78 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 309% since the beginning of its operation, and $5.71 million of the total AUM is attributable to clients outside of the United States.

The firm manages $980.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.04 million each.

Taurus Asset Management has custody of $5.88 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Taurus Asset Management, LLC for their services and products based on a percentage of assets under management and commissions. 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 Taurus Asset Management serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Taurus Asset Management is high net worth individuals with 152 clients and $729.04 million of assets under management. Among the 9 most similar advisory firms, Taurus Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $931.72 million for 338 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Taurus Asset Management doesn't advise any private funds.

Careers at Taurus Asset Management, LLC

The company employs 7 people that are either part- or full-time employees. 43 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 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
Bradford R Peck	Managing principal	1 Mar 2004	75% - 100%	1611256
Margery Zash Flicker	Principal and chief compliance officer	1 May 2004	Other	861044

Based in New York

The principal office where Taurus Asset Management, LLC performs its advisory services is located at 590 Madison Avenue, 9 Th Flr, New York, NY 10022 2524, 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 212-457-9922 or by fax 212-457-9923. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at taurusassetmanagement.com.