Locust Wood Capital Advisers, LLC

CRD#135140
Investment Advisor Firm

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Learn more about Locust Wood Capital Advisers, LLC

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

    • Overview

    Locust Wood Capital Advisers, LLC operates as a financial advisor firm headquartered in New York, New York. The company oversees $1.8 billion in total assets over 11 client accounts, placing it among the largest financial advisory firms in the nation by assets under management (AUM). Locust Wood Capital Advisers, LLC has a small group, including 5 financial advisors. Locust Wood Capital Advisers, LLC does not act as a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer company to do so. Securities are defined as tradable financial assets such as stocks, bonds and options.

    Locust Wood Capital Advisers, LLC oversees all of its accounts in a discretionary manner. Discretionary management signifies that transaction decisions for the client's account are made by an investment advisor without needing to seek the client's consent. Locust Wood Capital Advisers, LLC oversees roughly $164.4 million in assets for every client account. The typical financial advisor at Locust Wood Capital Advisers, LLC manages around two client accounts, placing it among the most personalized advisor firms in the country.

    Locust Wood Capital Advisers, LLC's headquarters is located at 1540 Broadway, New York, New York 10036-4039.

    Assets Under Management

    $1.8 billion

    Number of Advisors

    5

    Disclosures

    No

    Office Location

    1540 Broadway
    New York, NY 10036-4039

    Locust Wood Capital Advisers, LLC by the Numbers

    Total Assets Under Management

    $1.8 billion

    National Average: $8.6 billion
    Total Number of Employees

    11

    National Average: 64
    Total Number of Accounts

    11

    National Average: 375,227
    Average Account Size

    $164.4 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors largely are based on the type of financial services provided. However, fees billed by the company likely are comprised of the following fee structures: asset-based, performance-based or other. Locust Wood Capital Advisers, LLC does not participate in a wrap fee program, in which the company 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 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.

    • 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.

    Back to Overview

    Types of Clients

    The firm works with a broad range of customers. Locust Wood Capital Advisers, LLC works with high net worth investors, pooled investment vehicles, pension plans, other investment advisers, insurance companies and other. Out of its 11 clients, Locust Wood Capital Advisers, LLC's largest client group by number of accounts is high net worth investors, although it also serves four high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). About 29% of the firm's customers are from outside of the U.S.

    • High-Net-Worth Individuals* - 40%
    • Other Individuals - 0%
    • Corporations - 60%
    • 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

    Locust Wood Capital Advisers, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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