Neiman Funds Management LLC (Williamsvillie)

Name: Neiman Funds Management LLC
Address: 305 Spindrift Drive, Williamsvillie, NY, 14221
Telephone: 716-568-8566

Neiman Funds Management LLC is an investment adviser to an investment company based in Williamsvillie. It manages $45.3 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2009.

Neiman Funds Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Neiman Funds Management: assets under management

The assets under management (AUM) of Neiman Funds Management LLC is $45.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 230% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.1 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Neiman Funds Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Neiman Funds Management serves?

The only and largest group of clients of Neiman Funds Management is investment companies with 3 clients and $45.3 million of assets under management. Among the 2 most similar advisory firms, Neiman Funds Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $45.3 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Neiman Funds Management doesn't advise any private funds.

Careers at Neiman Funds Management LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harvey Neiman	Managing member	1 Sep 2009	25% - 50%	2368983
Daniel Neiman	Member	1 Sep 2009	Other	4649480
Glenn Charles Wiggle	Chief compliance officer, member	1 Sep 2009	Other	2730675
Michael Steven Lomas	Member	1 Sep 2009	Other	2672193
Joshua Burch Heims	Vice-president	1 Sep 2009	Other	4676576

Based in Williamsvillie

The principal office where Neiman Funds Management LLC performs its advisory services is located at 305 Spindrift Drive, Williamsvillie, NY 14221, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 716-568-8566 or by fax 716-633-1333. The normal business hours are 9am-5pm est on Monday - Friday. You can find more information about the New York firm at neimanfunds.com.