Secor Investment Management, LP is a large advisory firm based in New York. It manages $983.96 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California and New York.
Secor Investment Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Secor Investment Management, LP is $983.96 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and $983.96 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Secor Investment Management, LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Secor Investment Management is pension and profit sharing plans with 13 clients and $499.97 million of assets under management. Among the 6 most similar advisory firms, Secor Investment Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $983.96 million for 17 clients. 78% of the firm’s clients are foreign persons or businesses.
Secor Investment Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 38 people that are either part- or full-time employees. 45 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.
The principal office where Secor Investment Management, LP performs its advisory services is located at One Penn Plaza, New York, NY 10119, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-980-7350 or by fax 888-783-2364. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at secor-am.com/.