Montgomery Capital Advisors LLC (New York)

Name: Montgomery Capital Advisors LLC
Address: 485 Madison Avenue, New York, NY, 10022
Telephone: 212-201-7911

Montgomery Capital Advisors LLC is a mid-sized advisory firm based in New York. It manages $77.33 million of regulatory assets for 97 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Maryland, New York, and Virginia.

Montgomery Capital Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Montgomery Capital Advisors: assets under management

The assets under management (AUM) of Montgomery Capital Advisors LLC is $77.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $77.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $797.22 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Montgomery Capital Advisors 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 Montgomery Capital Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Montgomery Capital Advisors is individuals with 40 clients and $46.83 million of assets under management. Among the 2 most similar advisory firms, Montgomery Capital Advisors has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $77.33 million for 55 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Montgomery Capital Advisors doesn't advise any private funds.

Careers at Montgomery Capital Advisors LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Mark Julian Montgomery	President, managing member	1 Jul 2005	50% - 75%	1064981
Luke Joseph Mctighe	Chief compliance officer	1 Jul 2005	Other	2970110
Patricia Joy Hale	Member	1 Jan 2006	Other	4373450
Stephen John Kinsella	Member	1 Mar 2006	Other	5313780
Myrtle Thorne	Member	1 Feb 2007	Other	5490145
Stephen John Kinsella	Chief compliance officer, member	1 Sep 2007	25% - 50%	5313780

Based in New York

The principal office where Montgomery Capital Advisors LLC performs its advisory services is located at 485 Madison Avenue, New York, NY 10022, 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 212-201-7911 or by fax 212-586-7505. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at montcapital.net.