Ars Investment Partners, LLC (New York)

Name: Ars Investment Partners, LLC
Address: 500 Fifth Ave, New York, NY, 10110 1405
Telephone: 212-687-9800

Ars Investment Partners, LLC is a large advisory firm based in New York. It manages $1.03 billion of regulatory assets for 896 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Ars Investment Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ars Investment Partners: assets under management

The assets under management (AUM) of Ars Investment Partners, LLC is $1.03 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $22.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $933.31 million in discretionary accounts and $96.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.53 million.

Ars Investment Partners has custody of $3.3 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in pooled investment vehicles form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ars Investment Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Trevor William Maunder serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Trevor William Maunder is high net worth individuals with 440 clients and $671.1 million of assets under management. Among the 12 most similar advisory firms, Ars Investment Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 896 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Ars Investment Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Ars Investment Partners, LLC

The company employs 20 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 5 people 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.

Trevor William Maunder has been acting as President since 1 Dec 2016. Daphnee B Pierre joined the executive team most recently as the Director Of Finance.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Arnold Roger Schmeidler	Senior partner	1 Dec 2016	Other	413821
Andrew John Schmeidler	Partner	1 Dec 2016	Other	2287823
Stephen Robert Burke	Managing partner and director	1 Dec 2016	Other	1054623
Michael Schaenen	Senior partner and director	1 Dec 2016	Other	412381
Sean David Lawless	Partner	1 Dec 2016	Other	5974211
Trevor William Maunder	Director	1 Dec 2016	Other	5762876
Gavin Swartzman	Director	1 Dec 2016	Other	6473848
Porter Ross Taylor Iii	Partner	1 Dec 2016	Other	5526845
Artemis Us Corporation	Owner	1 Dec 2016	75% - 100%	42-1770490
Michael Joseph Killeen	Director	1 Dec 2016	Other	4360774
Lori Marie Sheetz Walker	Chief compliance officer and director of finance	1 Dec 2016	Other	1893020
Kristen Elizabeth Niebuhr	Chief compliance officer	1 Aug 2017	Other	1965908
Daphnee B Pierre	Director of finance	1 Sep 2017	Other	5906178

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Artemis Corporation	Owner	1 Feb 2010	75% - 100%	foreign
Miles Spencer Nadal	Owner	1 Jun 2010	75% - 100%	5762894

Based in New York

The principal office where Ars Investment Partners, LLC performs its advisory services is located at 500 Fifth Ave, New York, NY 10110 1405, which is also the mailing address of the firm. An additional office of the firm is in Cumberland, ME. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-687-9800 or by fax 212-687-1392. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at arschmeidler.com.