Alvarez & Marsal Asset Management Services, LLC (New York)


Alvarez & Marsal Asset Management Services, LLC is a large advisory firm based in New York. It manages $2.71 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, and New York.

Alvarez & Marsal Asset Management Services provides portfolio management for pooled investment vehicles 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.

Alvarez & Marsal Asset Management Services: assets under management

The assets under management (AUM) of Alvarez & Marsal Asset Management Services, LLC is $2.71 billion. The firm's AUM has gone down by -15% since the beginning of its operation, and $2.16 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $160 million in discretionary accounts and $2.55 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $160 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $424.82 million.
Alvarez & Marsal Asset Management Services has custody of $160 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alvarez & Marsal Asset Management Services, LLC for their services and products based on hourly charges and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alvarez & Marsal Asset Management Services serves?

The only and largest group of clients of Alvarez & Marsal Asset Management Services is pooled investment vehicles with 6 clients and $2.2 billion of assets under management. Among the 8 most similar advisory firms, Alvarez & Marsal Asset Management Services has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.2 billion for 6 clients. 71% of the firm’s clients are foreign persons or businesses.

Alvarez & Marsal Asset Management Services also advises several private funds. Namely, two securitized asset funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Alvarez & Marsal Asset Management Services, LLC

The company employs 12 people that are either part- or full-time employees. 67 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 compensates 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
Llc Alvarez & Marsal Holdings Member 1 May 2014 75% - 100% 99-99999
Keith Anthony Winters Chief compliance officer 1 Mar 2016 Other 3126316
Steven J Cohn Cfo 1 Mar 2016 Other 6633809
Todd J Slotkin Ceo 1 Apr 2016 Other 5140941
Daniel Feigenbaum Vice president 1 Apr 2016 Other 6633810
Joel Poretsky Secretary 1 Apr 2016 Other 6633811

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bryan Paul Marsal Shareholder 1 Mar 1984 50% - 75% 1772076
Antonio Clemente Alvarez Shareholder 1 Mar 1984 50% - 75% 1772079
Inc. Alvarez & Marsal Member 1 Aug 2003 50% - 75% 13-3207916

Based in New York

The principal office where Alvarez & Marsal Asset Management Services, LLC performs its advisory services is located at 600 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-759-4433. The normal business hours are 8:30 a.m to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at alvarezandmarsal.com.