The Mathes Company, Inc. (New York)

Name: The Mathes Company, Inc.
Address: 230 Park Avenue 33 Rd Fl., New York, NY, 10169
Telephone: 917-368-4900

The Mathes Company, Inc. is a large advisory firm based in New York. It manages $227.38 million of regulatory assets for 256 client accounts. It has been registered with the SEC as an adviser since 2004.

The Mathes Company 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.

The Mathes Company: assets under management

The assets under management (AUM) of The Mathes Company, Inc. is $227.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 88% since the beginning of its operation, and $6.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $227.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $888.2 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% 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 The Mathes Company, 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 Sorrell Mark Mathes serves?

The only and largest group of clients of Sorrell Mark Mathes is high net worth individuals with 256 clients and $227.38 million of assets under management. Among the 12 most similar advisory firms, The Mathes Company has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $227.38 million for 256 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

The Mathes Company doesn't advise any private funds.

Careers at The Mathes Company, Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Sorrell Mark Mathes has been acting as President since 1 Jul 1997. Richard Charles Mathes joined the executive team most recently as the President/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sorrell Mark Mathes	Chairman	1 Jul 1997	50% - 75%	322739
Richard Charles Mathes	President/chief compliance officer	1 Jan 2001	25% - 50%	1852109

Based in New York

The principal office where The Mathes Company, Inc. performs its advisory services is located at 230 Park Avenue 33 Rd Fl., New York, NY 10169, 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 917-368-4900 or by fax 917-368-4950. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at mathesco.com.