Scott'S Cove Management LLC
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Overview
Scott'S Cove Management LLC operates as an advisory company headquartered in New York, New York. The firm administers $25.6 million in assets under management across four accounts. It has a small team, including 2 financial advisors. Scott'S Cove Management LLC does not act as 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 must go through a broker-dealer firm to do so. Securities are tradable financial assets like bonds, options and equities.
Scott'S Cove Management LLC oversees all of its accounts in a discretionary manner. Discretionary management signifies that buy and sell choices for the client's account are made by a portfolio manager without needing to seek the client's consent. The company administers about $6.4 million in assets for each client account. The typical financial advisor at Scott'S Cove Management LLC manages around two client accounts, making it one of the most individualized firms in the country.
Scott'S Cove Management LLC's headquarters is at 477 Madison Avenue, New York, New York 10022.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Scott'S Cove Management LLC by the Numbers
$25.6 million
2
4
$6.4 million
Fee Structure
Fees for financial management depend on which services the firm provides the client. However, fee types billed by the firm may include the following fee types: asset-based or performance-based. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive 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
Scott'S Cove Management LLC works with pooled investment vehicles. Out of its four clients, Scott'S Cove Management LLC's biggest client group is pooled investment vehicles. Around 75% of the firm'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
Scott'S Cove Management LLC does not have any disclosures.
Please visit its Form ADV for more details.
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