Krensavage Asset Management, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Krensavage Asset Management, LLC
Overview
Krensavage Asset Management, LLC is a financial advisory firm headquartered in New York, New York. It has $376.9 million in assets under management throughout three accounts, making it one of the larger financial advisory firms in the United States by assets under management (AUM). It has a small group, including 3 financial advisors. Krensavage Asset Management, LLC does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer firm to do so. Securities are tradable fiscal investments like bonds, options and equities.
Krensavage Asset Management, LLC manages all of its client assets on a discretionary basis. Discretionary management is a structure in which a portfolio manager makes transaction judgments for the client's account without requiring client consent. The company manages an average of $125.6 million in assets for every customer account. An average advisor at Krensavage Asset Management, LLC administers about one client account, making it one of the most individualized advisor firms in the country.
The company's main office is at 610 Fifth Avenue, New York, New York 10020.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Krensavage Asset Management, LLC by the Numbers
$376.9 million
4
3
$125.6 million
Fee Structure
Fees for financial management usually are based on the type of financial services provided. Fees charged by Krensavage Asset Management, LLC likely are comprised of the following fee structures: asset-based or performance-based. Krensavage Asset Management, LLC does not supply 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
-
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
The firm caters to pooled investment vehicles. Out of its three accounts, Krensavage Asset Management, LLC's biggest client by number of accounts is pooled investment vehicles. Around 33% of the firm's accounts are represented by 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.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Krensavage Asset Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.