Ike Capital, LLC (Roslyn)

Name: Ike Capital, LLC
Address: 55 Lumber Road, Roslyn, NY, 11576
Telephone: 516-801-6565

Ike Capital, LLC is a large advisory firm based in Roslyn. It manages $113.4 million of regulatory assets for 121 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of New York.

Ike Capital provides portfolio management for individuals and small businesses, 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.

Ike Capital: assets under management

The assets under management (AUM) of Ike Capital, LLC is $113.4 million. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.1 million in discretionary accounts and $12.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $842.49 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.31 million.

Ike Capital has custody of $20.86 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is government bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ike Capital, LLC 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 Ike Capital serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Ike Capital is high net worth individuals with 37 clients and $100.84 million of assets under management. Among the 10 most similar advisory firms, Ike Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.98 million for 56 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.

Ike Capital doesn't advise any private funds.

Careers at Ike Capital, LLC

The company employs 2 people that are either part- or full-time employees. 100 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
Brian S Hamburger	Managing member	1 Jul 2004	75% - 100%	2899310
Brian Scott Hamburger	Managing member	1 Jul 2004	75% - 100%	2899310
Lawrence Howard Levy	Managing member / chief compliance officer	1 Sep 2004	75% - 100%	1210556

Based in Roslyn

The principal office where Ike Capital, LLC performs its advisory services is located at 55 Lumber Road, Roslyn, NY 11576, which is also the mailing address of the firm. An additional office of the firm is in Roslyn Estates, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 516-801-6565 or by fax 516-621-2968. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ikecapital.com.