Bolter & Company, LLC (Garden City)

Name: Bolter & Company, LLC
Address: 226 Seventh Street, Garden City, NY, 11530
Telephone: 516-873-8650

Bolter & Company, LLC is a mid-sized advisory firm based in Garden City. It manages $63.41 million of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Bolter & Company provides portfolio management for individuals and small businesses 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.

Bolter & Company: assets under management

The assets under management (AUM) of Bolter & Company, LLC is $63.41 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -29% since the beginning of its operation, and $1.42 million of the total AUM is attributable to clients outside of the United States.

The firm manages $63.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.67 million each.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in investment and business development companies form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bolter & Company, 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.

What kind of clients Bolter & Company serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bolter & Company is high net worth individuals with 21 clients and $56.75 million of assets under management. Among the 1 most similar advisory firms, Bolter & Company has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $63.41 million for 38 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Bolter & Company doesn't advise any private funds.

Careers at Bolter & Company, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Eugene Paul Bolter	Managing member	1 Jul 2001	75% - 100%	25328
Mark Denning Heaney	Chief compliance officer	1 Feb 2004	Other	1756332
Victoria Ann Mccann	Chief compliance officer	1 Apr 2007	Other	4520307

Based in Garden City

The principal office where Bolter & Company, LLC performs its advisory services is located at 226 Seventh Street, Garden City, NY 11530, 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 516-873-8650 or by fax 516-873-8655. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at bolterinvest.com.