Longevity Asset Management LLC (New York)

Longevity Asset Management LLC is a large advisory firm based in New York. It manages $44.9 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of New Jersey and New York.

Longevity Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Longevity Asset Management: assets under management

The assets under management (AUM) of Longevity Asset Management LLC is $44.9 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $19.9 million in discretionary accounts and $25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $25 million.

Fees & Commissions

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

Careers at Longevity Asset Management LLC

James Mcmillan Vance has been acting as President since 1 Jun 2009. Richard Aaron Gallo has served as the Chief Investment Officer since 1 Jun 2009. Llc New Province Partners joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Mcmillan Vance	Member/chairman	1 Jun 2009	Other	5704726
Richard Aaron Gallo	Member/chief investment officer	1 Jun 2009	Other	2924152
Carl Henry Sangree	Member/chief operating and financial officer	1 Jun 2009	Other	1305713
Thomas Matthew Tuggle	Member/chief compliance officer	1 Jun 2009	Other	4095210
Richard Lees Umbrecht	Member	1 Jun 2009	Other	2709204
Fred Barry Tarter	Member	1 Jun 2009	Other	5704729
Longevity Asset Management Llc	Reserved	1 Jun 2009	Other	27-0289044
Inc. Peach Holdings	Owner	1 Oct 2009	Other	20-4460117
Llc New Province Partners	Owner	1 Mar 2010	Other	27-0336323

Based in New York

The principal office where Longevity Asset Management LLC performs its advisory services is located at 210 E. 39 Th Street, New York, NY 10016, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.