Olstein Capital Management, L.P. (Purchase)


Olstein Capital Management, L.P. is a large advisory firm based in Purchase. It manages $719.61 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

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

Olstein Capital Management: assets under management

The assets under management (AUM) of Olstein Capital Management, L.P. is $719.61 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $719.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $239.87 million each.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is investment and business development companies, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Olstein Capital Management, L.P. 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 Robert Alan Olstein serves?

The only and largest group of clients of Robert Alan Olstein is investment companies with 2 clients and $713.67 million of assets under management. Among the 9 most similar advisory firms, Olstein Capital Management has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $713.67 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Olstein Capital Management doesn't advise any private funds.

Careers at Olstein Capital Management, L.P.

The company employs 13 people that are either part- or full-time employees. 62 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.

Robert Alan Olstein has been acting as President since 1 Jun 1994. Inc. Olstein joined the executive team most recently as the Limited Partner.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Robert Alan Olstein Chairman/ceo/cio/secretary 1 Jun 1994 Other 352642
Erik Kendall Olstein President/coo/limited partner 1 Jun 1994 Other 2427854
Marc Harold Stoltz Financial & operations principal 1 Mar 1995 Other 1008943
James B Kimmel Senior vice president, chief compliance officer for the ia & general counsel 1 Jun 2004 Other xxx-xx-xxxx
Michael Luper Senior executive vice president/cco for the bd/limited partner 1 Nov 2004 Other 2499635
Inc. Olstein Limited partner 1 Jan 2006 Other 13-3772769
Llc Olstein Advisers General partner 1 Jan 2006 75% - 100% 65-1165686

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Olstein Managing member 1 Dec 2002 75% - 100% 13-3772769
Olstein Inc. Managing member 1 Dec 2002 75% - 100% 13-3772769

Based in Purchase

The principal office where Olstein Capital Management, L.P. performs its advisory services is located at 4 Manhattanville Road, Purchase, NY 10577 2119, 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 914-269-6100 or by fax 914-696-0737. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at olsteincapital.com.