Douglass Winthrop Advisors LLC

CRD#108680
Investment Advisor Firm

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Learn more about Douglass Winthrop Advisors LLC

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

    • Overview

    Douglass Winthrop Advisors LLC is located at 521 Fifth Avenue, New York, NY. The firm employs 18 financial advisors to manage client portfolios and provide financial guidance. Douglass Winthrop Advisors LLC is not a registered broker-dealer.

    Douglass Winthrop Advisors LLC oversees $5.0 billion in assets under management across 1,265 accounts, of which 1,264 are discretionary and 1 is non-discretionary. The services offered include portfolio management for individuals and small businesses, and portfolio management for institutional clients. The firm caters to retail investors, high net worth investors, charitable organizations, and corporations, with high net worth investors being the largest client type by accounts. The fee structure at Douglass Winthrop Advisors LLC includes asset-based, fixed, and other fees. The firm has 876 high net worth clients.

    Douglass Winthrop Advisors LLC is registered in the states of Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Maine, Maryland, Massachusetts, Minnesota, Missouri, New Hampshire, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, Wyoming, and Ohio.

    Assets Under Management

    $5.0 billion

    Number of Advisors

    18

    Disclosures

    No

    Office Location

    521 Fifth Avenue
    New York, NY 10175

    Douglass Winthrop Advisors LLC by the Numbers

    Total Assets Under Management

    $5.0 billion

    National Average: $8.6 billion
    Total Number of Employees

    34

    National Average: 64
    Total Number of Accounts

    1,265

    National Average: 375,227
    Average Account Size

    $4.0 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees typically vary depending on the financial services provided. Fees billed by Douglass Winthrop Advisors LLC likely include any blend of the following fee structures: asset-based, fixed, or other.

    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 32% of firms

      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.

    • Offered by 10% of firms

      Other

      Show Explanation

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

    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 26% of firms that offer this fee type

      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.

    • 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.

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    Types of Clients

    The company provides services to retail investors, high net worth investors, charitable organizations, and corporations. Out of its 4 clients, Douglass Winthrop Advisors LLC's largest client type by number of accounts is high net worth investors, although it also manages money for 876 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 under management or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 69.25%
    • Other Individuals - 24.58%
    • Corporations - 3.16%
    • Charitable Organizations - 3%

    * 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

    Douglass Winthrop Advisors LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Douglass Winthrop Advisors LLC

    Edward Crawford
    Washington, DC
    Daniel Abbasi
    New York, NY
    Garrett Hayward
    New York, NY
    Lea Highet
    New York, NY
    Joshua Huffard
    New York, NY
    Charles Howard
    New York, NY
    John Winthrop
    New York, NY
    Daniel Obrien
    New York, NY
    Pamela Raviol
    New York, NY

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