Burnham Asset Management Corp (New York)

Name: Burnham Asset Management Corp
Address: 40 West 57 Th St., New York, NY, 10019
Telephone: 212-262-3100

Burnham Asset Management Corp is a large advisory firm based in New York. It manages $322.66 million of regulatory assets for 283 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 3 other states.

Burnham Asset Management Corp provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Burnham Asset Management Corp: assets under management

The assets under management (AUM) of Burnham Asset Management Corp is $322.66 million. The firm's AUM has gone down by -57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $319.81 million in discretionary accounts and $2.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.85 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Burnham Asset Management Corp for their services and products based on a percentage of assets under management and fixed fees. 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.

Careers at Burnham Asset Management Corp

Kenneth Scott Webster has been acting as President since 1 Aug 2013. Marcelle Marie Devine joined the executive team most recently as the Chief Financial Officer, Secretary, Treasurer And Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Debra Burnham Hyman	Director & vice president	1 Sep 1989	Other	1172645
George Sommerfeld	Chief operating officer	1 Sep 1989	Other	430562
Mara Deborah Stempler	Chief financial officer, secretary, & treasurer	1 Sep 1989	Other	1807699
George Stark	Director & senior managing director	1 Aug 1990	Other	433867
George Sommerfeld	Chief operating officer & chief compliance officer	1 Aug 1990	Other	430562
Jon Michael Burnham	Chairman & ceo, director	1 Nov 1990	Other	36159
John Michael Burnham	Chairman & ceo	1 Nov 1990	Other	2515188
Burnham Financial Group Inc.	Holding company	1 Dec 1999	75% - 100%	06-1570322
Burnham Financial Group	Holding company	1 Dec 1999	75% - 100%	06-1570322
Thomas N Calabria	Chief compliance officer	1 Jan 2007	Other	2780599
Kenneth Scott Webster	President	1 Aug 2013	Other	2873063
Marcelle Marie Devine	Chief financial officer, secretary and treasurer	1 Nov 2013	Other	2388536
Debra Burnham Hyman	Chief compliance officer & vice president	1 May 2014	Other	1172645
Andrew Fenimore Godfrey	Chief operating officer	1 Jan 2015	Other	4043432
Devon Dodson Archer	Director	1 Mar 2015	Other	6043012
Yaojun Liu	Director	1 Mar 2015	Other	6488727
Bam Holdings Llc	Holding company	1 Mar 2015	75% - 100%	47-3958841
Robert Lawrence Grosshart	Chief compliance officer	1 Feb 2016	Other	4495909
Andrew Fenimore Godfrey	Director	1 Jun 2016	Other	4043432
Stefan R Zellmer	Ceo, director	1 Jun 2016	Other	2574611
Marcelle Marie Devine	Chief financial officer, secretary, treasurer and director	1 Aug 2016	Other	2388536

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Isaac Wolfe Burnham	Honorary chairman	1 Sep 1989	25% - 50%	1134009
Jon Michael Burnham	Shareholder	1 Dec 1999	50% - 75%	36159
Isaac Wolfe Burnham	Shareholder	1 Dec 1999	25% - 50%	1134009
Estate Of Isaac Wolfe Burnham Ii	Shareholder	1 Jul 2002	25% - 50%	13-7334072
Jon Michael Burnham	Executor	1 Jul 2002	Other	36159
Debra Burnham Hyman	Executor	1 Jul 2002	Other	1172645
John Paul Rosenthal	Executor	1 Jul 2002	Other	404716
Wendy Burnham Morris	Executor	1 Jul 2002	Other	4573858
Inc. Kirin Global Enterprises	Member	1 Mar 2015	25% - 50%	46-1732266

Based in New York

The principal office where Burnham Asset Management Corp performs its advisory services is located at 40 West 57 Th St., New York, NY 10019, 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 212-262-3100 or by fax 212-603-7502. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at burnhamfinancial.com.