United States Trust Company Of New York (New York)


United States Trust Company Of New York is a large advisory firm based in New York. It manages $4.92 billion of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2001.

United States Trust Company 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.

United States Trust Company Of New York: assets under management

The assets under management (AUM) of United States Trust Company Of New York is $4.92 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.92 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $169.62 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay United States Trust Company Of New York for their services and products based on a percentage of assets under management 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.

Careers at United States Trust Company Of New York

Frances Aldrich Sevillasacasa has been acting as President since 1 Dec 2005. Stefanie Aimee Firtell joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Fredrick Brooks Taylor Vice-chairman, cio 1 Feb 1990 Other 2519821
Kenneth Joseph Mcalley Executive vice-president 1 Jun 1991 Other 602928
Paul Kevin Napoli Executive vice-president 1 Jun 1991 Other 2239127
U.S. Trust Corporation 100% owner 1 Jun 1991 75% - 100% 13-3818952
Harvey Allen Seline Managing director 1 Mar 1995 Other 2519658
David John Williams Managing director 1 Mar 1995 Other 2519860
David A Tillson Managing director 1 Dec 1995 Other 2519824
John Jeffrey Apruzzese Managing director 1 Dec 1995 Other 2519904
Jay Brian Springer Managing director 1 Dec 1995 Other 2519726
Richard Bayles Managing director 1 Dec 1995 Other 4398547
Richard Lyman Bayles Managing director 1 Dec 1995 Other 4398547
Edith Ann Cassidy Managing director 1 Jul 1996 Other 1638432
Rosemary Sagar Managing director 1 Aug 1996 Other 1312146
Leigh Howard Weiss Managing director 1 Mar 1998 Other 849198
Neil Winter Danzger Managing director 1 Mar 1999 Other 1416148
Michael Kirk Shields Managing director 1 Mar 1999 Other 2248861
George Carpenter Whiteley Managing director 1 Mar 1999 Other 2919025
Joseph Auth Gallagher Managing director 1 Mar 1999 Other 1272606
Bruce Tavel Managing director 1 Mar 1999 Other 4519227
David I Chi Fann Managing director 1 Mar 2000 Other 2570729
The Charles Schwab Corporation Parent company of u.s. trust corporation 1 May 2000 75% - 100% 94-3025021
Alan Michael Braverman Managing director 1 Sep 2000 Other 1219014
Katherine Therese Ellis Managing director 1 Mar 2001 Other 2519959
John Julius Rendinaro Managing director, equity trading division 1 Apr 2001 Other 2793041
Sharon Maurine Davison Director of securities compliance for u.s. trust corporation subsidiaries 1 Sep 2001 Other 1367871
Stephen Craig Hassenfelt Chief operating officer for investments for u.s. trust corporation subsidiaries 1 Dec 2001 Other 4372267
Stephen Craig Hassenfelt Executive vice president & chief operating officer for u.s. trust corporation investments 1 May 2002 Other 4372267
James L Bailey Executive vice president, u.s. trust corporation 1 Jan 2003 Other 4650508
James Lee Bailey Executive vice president, u.s. trust corporation 1 Jan 2003 Other 4650508
Timothy John Leach Executive vice president and chief investment officer 1 May 2004 Other 2494692
Sharon Maurine Davison Sr vice president & chief compliance officer of the excelsior funds and u.s. trust advisers 1 Oct 2004 Other 1367871
James Lee Bailey Executive vice president & chief operating officer 1 Dec 2004 Other 4650508
Peter Kevin Scaturro Chief executive officer 1 May 2005 Other 4101793
Leo P. Grohowski Executive vice president and chief investment officer 1 Oct 2005 Other 4359380
Stefanie Aimee Firtell Chief compliance officer 1 Nov 2005 Other 5064918
Frances Aldrich Sevillasacasa President 1 Dec 2005 Other 2891126

Based in New York

The principal office where United States Trust Company Of New York performs its advisory services is located at 114 West 47 Th Street, New York, NY 10036 1532, which is also the mailing address of the firm. An additional office of the firm is in Princeton, NJ. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-852-1000 or by fax 212-852-1310. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.ustrust.com.