Overbrook Management Corporation is a large advisory firm based in New York. It manages $978.4 million of regulatory assets for 368 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 8 other states.
Overbrook Management Corporation 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.
The assets under management (AUM) of Overbrook Management Corporation is $978.4 million. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Overbrook Management Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.
The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Jonathan David Urfrig is high net worth individuals with 149 clients and $535.25 million of assets under management. Among the 8 most similar advisory firms, Overbrook Management Corporation has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $973.54 million for 166 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Overbrook Management Corporation also advises several private funds. Namely, one hedge fund, two other private funds, and two private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
The company employs 15 people that are either part- or full-time employees. 33 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.
Jonathan David Urfrig has been acting as President since 1 Dec 2013. Richard Jay Zenker joined the executive team most recently as the President.
The principal office where Overbrook Management Corporation performs its advisory services is located at 122 East 42 Nd Street, New York, NY 10168 2500, 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 212-661-8710 or by fax 646-365-8588. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at overbrook.com/.