5 Th Street Advisors, LLC (Stamford)

Name: 5 Th Street Advisors, LLC
Address: 34 Fifth Street, Stamford, CT, 06905
Telephone: 203-327-1212

5 Th Street Advisors, LLC is a large advisory firm based in Stamford. It manages $215.27 million of regulatory assets for 589 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

5 Th Street Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

5 Th Street Advisors: assets under management

The assets under management (AUM) of 5 Th Street Advisors, LLC is $215.27 million. The firm's AUM has grown by 701% since the beginning of its operation, and $792.76 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $149.89 million in discretionary accounts and $65.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.85 million.

5 Th Street Advisors has custody of $30.04 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 5 Th Street Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 5 Th Street Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of 5 Th Street Advisors is high net worth individuals with 51 clients and $95.32 million of assets under management. Among the 12 most similar advisory firms, 5 Th Street Advisors has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.27 million for 209 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.

5 Th Street Advisors doesn't advise any private funds.

Careers at 5 Th Street Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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
Cesar Gonzalez Manent	Managing member / chief compliance officer	1 Mar 2006	25% - 50%	4144277
Isabel Luisa Rodriguez	Managing member	1 Mar 2006	Other	5126065
Lucas Jason Meyer	Managing member	1 Sep 2006	25% - 50%	4497326
Abelardo Santiago Curdumi	Managing member	1 Dec 2006	25% - 50%	4144454
Lourdes Cristina Manent	Managing member	1 Jan 2007	Other	5313943
Maurice Arthur Cabral	Chief compliance officer	1 Oct 2015	Other	1805603

Based in Stamford

The principal office where 5 Th Street Advisors, LLC performs its advisory services is located at 34 Fifth Street, Stamford, CT 06905, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-327-1212 or by fax 203-359-8122. The normal business hours are 9:00 am - 5:00 pm est on Monday - Friday. You can find more information about the New York firm at 5thstreetadvisors.com.