Pickwick Capital Advisors, LLC is a mid-sized advisory firm based in White Plains. It manages $26.65 million of regulatory assets for 57 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of New Jersey, New York, and Texas.
Pickwick Capital Advisors provides portfolio management for individuals and small businesses and selection of other advisers. 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 assets under management (AUM) of Pickwick Capital Advisors, LLC is $26.65 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -3% since the beginning of its operation, and $100 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Pickwick Capital Advisors, LLC 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Pickwick Capital Advisors is high net worth individuals with 9 clients and $21.68 million of assets under management. Among the 6 most similar advisory firms, Pickwick Capital Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $26.65 million for 32 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Pickwick Capital Advisors doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Pickwick Capital Advisors, LLC performs its advisory services is located at 445 Hamilton Avenue, White Plains, NY 10601, 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 914-220-5880 or by fax 914-428-4001. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at pickwickcapital.com.