59 North Capital Management, Lp
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Learn more about 59 North Capital Management, Lp
Overview
59 North Capital Management, Lp operates as a financial advisor firm headquartered in New York, New York. 59 North Capital Management, Lp has $1.1 billion in total assets over four client accounts, placing it among the bigger financial advisory firms in the country by assets under management (AUM). The firm has a small team, including 3 financial advisors. 59 North Capital Management, Lp does not act as a registered broker-dealer, meaning the advisor is not able to buy and sell securities for its clients' and own accounts and instead has to go through a broker-dealer company to do so. Securities are defined as tradable fiscal assets like options, bonds and equities.
59 North Capital Management, Lp oversees all of the company's client assets on a discretionary basis. Discretionary management signifies that an investment advisor has the discretion to make buy and sell choices without needing to seek the customer's authorization. 59 North Capital Management, Lp's average account size is $269.7 million. The typical advisor at 59 North Capital Management, Lp administers about one client account, placing it among the most personalized advisor firms in the country.
59 North Capital Management, Lp's headquarters is at 589 Fifth Ave, New York, New York 10017. The firm is legally allowed to serve investors in the state of New York.
Assets Under Management
Number of Advisors
Disclosures
Office Location
59 North Capital Management, Lp by the Numbers
$1.1 billion
4
4
$269.7 million
Fee Structure
Financial advisory fees vary depending on which services the firm provides the client. However, fees charged by 59 North Capital Management, Lp can be comprised of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It caters to pooled investment vehicles. Out of its four clients, 59 North Capital Management, Lp's largest client type by number of accounts is pooled investment vehicles. Around 50% of the company's accounts are 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
59 North Capital Management, Lp does not have any disclosures.
Please visit its Form ADV for more details.
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