Paine & Partners, LLC (New York)

Name: Paine & Partners, LLC
Address: 475 Fifth Avenue, New York, NY, 10017
Telephone: 212-379-7200

Paine & Partners, LLC is a large advisory firm based in New York. It manages $1.52 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.

Paine & Partners provides 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.

Paine & Partners: assets under management

The assets under management (AUM) of Paine & Partners, LLC is $1.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $108.65 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paine & Partners, LLC 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 Paine & Partners, LLC

William Dexter Paine has been acting as President since 1 Mar 2006. Gerald Adler joined the executive team most recently as the Chief Operating Officer And General Counsel And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Monk Meyer	Chief financial officer	1 Mar 2006	Other	6000502
William Dexter Paine	Chairman/chief executive officer	1 Mar 2006	Other	1648912
Kevin Michael Schwartz	President	1 Mar 2006	Other	2928230
Robert M Meyer	Chief financial officer	1 Mar 2006	Other	6000502
Mitchell Presser	Managing director	1 Nov 2006	Other	1389890
L.P. Paine & Partners Founders	Sole member & managing member	1 Dec 2009	75% - 100%	20-4568109
L.P. Paine Schwartz Partners Founders	Sole member & managing member	1 Dec 2009	75% - 100%	20-4568109
Gerald Adler	Chief operating officer and general counsel and chief compliance officer	1 Feb 2012	Other	6024582

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Dexter Paine	Trustee	1 Oct 1994	Other	1648912
Susan Levin Paine	Trustee	1 Oct 1994	Other	6026175
Susan L. Paine	Trustee	1 Oct 1994	Other	6026175
Kevin Michael Schwartz	Trustee	1 Mar 2007	Other	2928230
Christine Neuman Schwartz	Trustee	1 Mar 2007	Other	6174898
Christine N. Schwartz	Trustee	1 Mar 2007	Other	6174898
Llc Paine & Partners Founders Gp	General partner	1 Dec 2009	Other	27-1615697
Paine Family Trust	Limited partner	1 Dec 2009	50% - 75%	xxx-xx-xxxx
William Dexter Paine	Managing member	1 Dec 2009	Other	1648912
2007 The Kevin And Christine Schwartz Family Trust U/D/T Dated March 11	Member	1 Dec 2009	25% - 50%	xxx-xx-xxxx
Llc Paine Schwartz Partners Founders Gp	General partner	1 Dec 2009	Other	27-1615697

Based in New York

The principal office where Paine & Partners, LLC performs its advisory services is located at 475 Fifth Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in San Mateo, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-379-7200 or by fax 212-379-7235. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at painepartners.com.