Roosevelt Management Company LLC

CRD#161605
Investment Advisor Firm

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Learn more about Roosevelt Management Company LLC

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

    • Overview

    Roosevelt Management Company LLC operates as a financial advisory company that has its headquarters in New York, New York. Roosevelt Management Company LLC has $959.1 million in assets under management over 16 client accounts, making it one of the bigger investment advisory firms in the nation by assets under management (AUM). The firm has a small group, including 29 financial advisors. Roosevelt Management Company LLC is not a registered broker-dealer, signifying that it is not able to buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer company to do so. Securities are defined as tradable financial assets like bonds, stocks and options.

    Roosevelt Management Company LLC manages zero of its accounts on a discretionary basis. Discretionary management is a structure in which an investment advisor makes buy and sell choices for the client's account without needing client authorization. Roosevelt Management Company LLC also manages 16 non-discretionary accounts totaling $959.1 million in assets. The company supervises roughly $59.9 million for each customer account. The typical advisor at Roosevelt Management Company LLC manages fewer than one client account, placing it among the most personalized firms in the country.

    The firm's central office is located at 1540 Broadway, Suite 1500, New York, New York 10036.

    Assets Under Management

    $959.1 million

    Number of Advisors

    29

    Disclosures

    No

    Office Location

    1540 Broadway, Suite 1500
    New York, NY 10036

    Roosevelt Management Company LLC by the Numbers

    Total Assets Under Management

    $959.1 million

    National Average: $8.6 billion
    Total Number of Employees

    31

    National Average: 64
    Total Number of Accounts

    16

    National Average: 375,227
    Average Account Size

    $59.9 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors are based on which service is provided. Fees charged by Roosevelt Management Company LLC most likely include any combination of the following fee types: asset-based, fixed, performance-based or other. The firm does not provide a wrap fee program, in which the firm offers a service bundle for a single 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.

    • 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 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.

    Back to Overview

    Types of Clients

    It caters to pooled investment vehicles. Out of its 16 accounts, Roosevelt Management Company LLC's biggest client by number of accounts is pooled investment vehicles. Around 38% of the company's customers are represented by people from outside of the U.S.

    • 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

    Roosevelt Management Company LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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