Tirschwell & Loewy Inc (New York)


Tirschwell & Loewy Inc is a large advisory firm based in New York. It manages $802.75 million of regulatory assets for 353 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Tirschwell & Loewy 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.

Tirschwell & Loewy: assets under management

The assets under management (AUM) of Tirschwell & Loewy Inc is $802.75 million. The firm's AUM has grown by 3% since the beginning of its operation, and $19.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $794.52 million in discretionary accounts and $8.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.23 million.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tirschwell & Loewy Inc 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 Tirschwell & Loewy serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Tirschwell & Loewy is high net worth individuals with 203 clients and $691.69 million of assets under management. Among the 9 most similar advisory firms, Tirschwell & Loewy has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $802.75 million for 360 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.

Tirschwell & Loewy doesn't advise any private funds.

Careers at Tirschwell & Loewy Inc

The company employs 6 people that are either part- or full-time employees. 50 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
Joel I. Tirschwell Director, president, treasurer 1 May 1977 50% - 75% 4366851
Jeffrey M Loewy Director, executive vice president, secretary 1 Apr 1981 25% - 50% 311664
Jeffrey M Loewy Director, president 1 Dec 2006 75% - 100% 311664
Howard Roy Friedner Chief compliance officer and secretary 1 Dec 2006 Other 2783904
Howard R Friedner Vice president, chief compliance officer 1 Sep 2008 Other 2783904
Howard R Friedner Executive vice president, chief compliance officer 1 Jun 2015 Other 2783904

Based in New York

The principal office where Tirschwell & Loewy Inc performs its advisory services is located at 400 Park Avenue, New York, NY 10022 4406, 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 212-888-7940 or by fax 212-688-6417. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at tirschwellandloewy.com.