Gagnon Securities, LLC

CRD#103727
Investment Advisor Firm

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Learn more about Gagnon Securities, LLC

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

    • Overview

    Gagnon Securities, LLC is located at 1370 6th Avenue, New York, NY. The firm employs 11 financial advisors to manage client portfolios and provide financial guidance. Gagnon Securities, LLC is a registered broker-dealer.

    Gagnon Securities, LLC oversees $438.0 million in assets under management across 1,242 accounts, all of which are discretionary. The services offered include portfolio management for individuals and small businesses. The firm caters to retail investors, high net worth investors, and corporations, with retail investors being the largest client type by accounts. The fee structure at Gagnon Securities, LLC includes asset-based and commission-based fees. The firm has 36 high net worth clients.

    Gagnon Securities, LLC is registered in the states of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, and Wyoming.

    Assets Under Management

    $438.0 million

    Number of Advisors

    11

    Disclosures

    No

    Office Location

    1370 6Th Avenue
    New York, NY 10019

    Gagnon Securities, LLC by the Numbers

    Total Assets Under Management

    $438.0 million

    National Average: $8.6 billion
    Total Number of Employees

    22

    National Average: 64
    Total Number of Accounts

    1,242

    National Average: 375,227
    Average Account Size

    $352.6 thousand

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees usually are based on which service is offered. Fees charged by Gagnon Securities, LLC likely include any blend of the following fee structures: asset-based or commission-based.

    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 1% of firms

      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.

    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 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.

    • 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

    The company provides services to retail investors, high net worth investors, and corporations. Out of its 3 clients, Gagnon Securities, LLC's biggest client group by number of accounts is retail investors, but it also manages money for 36 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 considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 2.9%
    • Other Individuals - 85.51%
    • Corporations - 11.59%
    • 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

    Gagnon Securities, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Gagnon Securities, LLC

    James Colby
    New York, NY
    James Cappello
    New York, NY
    Adrienne Garofalo
    New York, NY
    Donald Drew
    New York, NY
    Sarah Jilla
    New York, NY
    Michelle Simmons
    New York, NY
    Cynthia Roberts
    New York, NY
    Jessica Vingiello
    New York, NY
    Marianne D'Alessandro
    New York, NY

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