Robotti & Company Advisors, LLC is a large advisory firm based in New York. It manages $493.32 million of regulatory assets for 275 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Idaho, Nevada, New York, and Texas.
Robotti & Company Advisors provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Robotti & Company Advisors, LLC is $493.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 412% since the beginning of its operation, and $1.36 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Robotti & Company Advisors, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Suzanne Benson Robotti is pooled investment vehicles with 6 clients and $268.42 million of assets under management. Among the 10 most similar advisory firms, Robotti & Company Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $493.32 million for 214 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.
Robotti & Company Advisors also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.
The company employs 16 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Suzanne Benson Robotti has been acting as President since 1 Oct 2015. Dennis Michael Kelleher joined the executive team most recently as the Chief Compliance Officer.
The principal office where Robotti & Company Advisors, LLC performs its advisory services is located at 60 East 42 Nd Street, New York, NY 10165, 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 212 986-4800 or by fax 212 986-0816. The normal business hours are 9:00 to 5:00 est on Monday - Friday. You can find more information about the New York firm at robotti.com and its LinkedIn profile.