Ashbay Capital, LLC (New York,)

Ashbay Capital, LLC is a mid-sized advisory firm based in New York,. It manages $70.88 million of regulatory assets for 73 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of New York and Texas.

Ashbay Capital 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.

Ashbay Capital: assets under management

The assets under management (AUM) of Ashbay Capital, LLC is $70.88 million. The firm's AUM has gone down by -22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $69.89 million in discretionary accounts and $987.71 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $970.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $987.71 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 17% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ashbay Capital, 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 Ashbay Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Ashbay Capital is high net worth individuals with 27 clients and $65.3 million of assets under management. Among the 2 most similar advisory firms, Ashbay Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $70.88 million for 35 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.

Ashbay Capital doesn't advise any private funds.

Careers at Ashbay Capital, LLC

The company employs 1 person that is either a part- or full-time employee. 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’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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan S Vyorst	Managing member and chief compliance officer	1 Sep 2013	75% - 100%	1747741

Based in New York,

The principal office where Ashbay Capital, LLC performs its advisory services is located at 7 World Trade Center, New York,, NY 10007, 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) 266-0038. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.