Mendon Capital Advisors Corp (Rochester)

Name: Mendon Capital Advisors Corp
Address: 150 Allens Creek Road, Rochester, NY, 14618
Telephone: 585-770-1770

Mendon Capital Advisors Corp is a large advisory firm based in Rochester. It manages $711.42 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and New York.

Mendon Capital Advisors Corp provides portfolio management for investment companies and security selection and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mendon Capital Advisors Corp: assets under management

The assets under management (AUM) of Mendon Capital Advisors Corp is $711.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1823% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $711.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.14 million each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 26% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mendon Capital Advisors Corp for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 Anton Villars Schutz serves?

The firm provides services to investment companies and other investment advisers. The largest group of clients of Anton Villars Schutz is investment companies with 2 clients and $691.62 million of assets under management. Among the 9 most similar advisory firms, Mendon Capital Advisors Corp has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $711.42 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Mendon Capital Advisors Corp doesn't advise any private funds.

Careers at Mendon Capital Advisors Corp

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.

Anton Villars Schutz has been acting as President since 1 Jun 1996. Lisa Marie Tamburini joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Anton Villars Schutz	President	1 Jun 1996	75% - 100%	2006271
Amy Sullivan	Chief financial officer; chief compliance officer	1 Oct 2003	Other	4935347
Amy Sullivan	Chief compliance officer; chief financial officer	1 Oct 2004	Other	4935347
Walter H Clark	Chief compliance officer	1 Apr 2014	Other	2146034
Lisa Marie Tamburini	Chief compliance officer	1 Jul 2016	Other	5736810

Based in Rochester

The principal office where Mendon Capital Advisors Corp performs its advisory services is located at 150 Allens Creek Road, Rochester, NY 14618, which is also the mailing address of the firm. An additional office of the firm is in Key Largo, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 585-770-1770 or by fax 585-770-1779. The normal business hours are 7am-5pm on Monday - Friday. You can find more information about the New York firm at mendoncapital.com.