Swarthmore Asset Management Ltd (New York)

Swarthmore Asset Management Ltd is a mid-sized advisory firm based in New York. It manages $41.28 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2001.

Swarthmore Asset Management 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.

Swarthmore Asset Management: assets under management

The assets under management (AUM) of Swarthmore Asset Management Ltd is $41.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $41.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $825.55 thousand each.

Swarthmore Asset Management has custody of $25.02 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 27% of the firm’s portfolio. Investments in investment grade corporate bonds form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Swarthmore Asset Management Ltd for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Swarthmore Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Swarthmore Asset Management is high net worth individuals with 6 clients and $10.4 million of assets under management. Among the 3 most similar advisory firms, Swarthmore Asset Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $20.22 million for 25 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.

Swarthmore Asset Management doesn't advise any private funds.

Careers at Swarthmore Asset Management Ltd

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
Samuel Levin	President, chief compliance officer	1 May 1992	75% - 100%	2243757

Based in New York

The principal office where Swarthmore Asset Management Ltd performs its advisory services is located at 200 West 16 Th Street, Office 1 B, New York, NY 10011, 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 212-741-2300 or by fax 212-741-1439. The normal business hours are 8:15 a.m. to 4:15 p.m. on Monday - Friday.