Nassau Corporate Credit LLC

CRD#287937
Investment Advisor Firm

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Learn more about Nassau Corporate Credit LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Nassau Corporate Credit LLC is a financial advisory firm headquartered in Darien, Connecticut. Nassau Corporate Credit LLC oversees $4.4 billion in total assets throughout 18 customer accounts, placing it among the biggest financial advisory firms in the country by assets under management (AUM). The company has a small team, including 13 financial advisors. Nassau Corporate Credit LLC does not act as a registered broker-dealer, signifying that it cannot buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer company to do so. Securities are exchangable financial investments such as stocks, options and bonds.

    Nassau Corporate Credit LLC manages the majority of the firm's client assets in a discretionary manner. Discretionary management signifies that buy and sell judgments for the client's account are made by an investment advisor without requiring the client's authorization. The firm also administers seven non-discretionary accounts with a total of $1.0 billion in assets under management. The investment advisory firm's average account size is $246.4 million. The average advisor at Nassau Corporate Credit LLC administers around one client account, placing it among the most personalized firms in the country.

    The company's headquarters is located at 17 Old Kings Highway South, Darien, Connecticut 6820. It is legally registered to serve investors across 2 states, including Connecticut and New York.

    Assets Under Management

    $4.4 billion

    Number of Advisors

    13

    Disclosures

    No

    Office Location

    17 Old Kings Highway South
    Darien, CT 06820

    Nassau Corporate Credit LLC by the Numbers

    Total Assets Under Management

    $4.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    14

    National Average: 64
    Total Number of Accounts

    18

    National Average: 375,227
    Average Account Size

    $246.4 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees are based on which services the firm provides the client. However, fees billed by Nassau Corporate Credit LLC may include the following fee types: asset-based or performance-based. The company does not participate in a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    Nassau Corporate Credit LLC provides services to pooled investment vehicles. Out of its 18 customers, Nassau Corporate Credit LLC's largest client is pooled investment vehicles. Around 78% of its clients are non-U.S. persons.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Nassau Corporate Credit LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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