Grand Slam Asset Management, LLC (Fort Lee)

Grand Slam Asset Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Grand Slam Asset Management: assets under management

The assets under management (AUM) of Grand Slam Asset Management, LLC is $33.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and $30.85 million of the total AUM is attributable to clients outside of the United States.

The firm manages $33.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.47 million each.

Grand Slam Asset Management has custody of $30.85 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Grand Slam Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Grand Slam Asset Management serves?

The only and largest group of clients of Grand Slam Asset Management is pooled investment vehicles with 3 clients and $30.85 million of assets under management. Among the 3 most similar advisory firms, Grand Slam Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $30.85 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Grand Slam Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Grand Slam Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 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 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

Based in Fort Lee

The principal office where Grand Slam Asset Management, LLC performs its advisory services is located at 2160 North Central Road, Ste 306, Fort Lee, NJ 10960, 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 201-346-4335 or by fax 855-346-4339. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at gslamcap.com.

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