Jacob Asset Management Of New York LLC (Hermosa Beach)

Name: Jacob Asset Management Of New York LLC
Address: 727 2 Nd Street, Hermosa Beach, CA, 90254
Telephone: 424-237-2164

Jacob Asset Management Of New York LLC is an investment adviser to an investment company based in Hermosa Beach. It manages $67.46 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Jacob Asset Management Of New York provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Jacob Asset Management Of New York: assets under management

The assets under management (AUM) of Jacob Asset Management Of New York LLC is $67.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $67.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.46 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Jacob Asset Management Of New York 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 Jacob Asset Management Of New York serves?

The only and largest group of clients of Jacob Asset Management Of New York is investment companies with 3 clients and $67.46 million of assets under management. Among the 2 most similar advisory firms, Jacob Asset Management Of New York has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $67.46 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Jacob Asset Management Of New York doesn't advise any private funds.

Careers at Jacob Asset Management Of New York LLC

The company employs 5 people that are either part- or full-time employees. 80 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
Ryan Ingram Jacob	Manager, chairman, ceo, managing member	1 Jul 1999	50% - 75%	1932588
Francis John Alexander	Member, manager	1 Jul 1999	Other	1193072
De Neuflize Securities Inc. Lepercq	Member	1 Jul 1999	Other	2554
Inc. Ln Securities	Member	1 Jul 1999	Other	2554
Darren A. Chervitz	Member, manager	1 Aug 1999	Other	4380286
Shane Morris	Chief compliance officer	1 Oct 2004	Other	4933048
Lepercq Inc.	Member	1 Dec 2007	Other	13-3540080
Shane Morris	Chief compliance officer	1 Oct 2008	Other	4933048

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lepercq Group Ltd.	Owner	1 Jul 1999	50% - 75%	foreign
The Lepercq Foundation	Owner	1 Jul 1999	50% - 75%	foreign
Lepercq Inc.	Owner	1 Jul 1999	75% - 100%	13-3540080

Based in Hermosa Beach

The principal office where Jacob Asset Management Of New York LLC performs its advisory services is located at 727 2 Nd Street, Hermosa Beach, CA 90254, 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 424-237-2164 or by fax 310-546-1520. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at jacobam.com/.