Wasserstein & Co., L.P. is a large advisory firm based in New York. It manages $578.71 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.
Wasserstein & Co. provides portfolio management for pooled investment vehicles. 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 Wasserstein & Co., L.P. is $578.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and $155.77 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Wasserstein & Co., L.P. for their services and products based on a percentage of assets under management 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 only and largest group of clients of Ellis Bradley Jones is pooled investment vehicles with 12 clients and $578.71 million of assets under management. Among the 3 most similar advisory firms, Wasserstein & Co. has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $578.71 million for 12 clients. 17% of the firm’s clients are foreign persons or businesses.
Wasserstein & Co. also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.
The company employs 31 people that are either part- or full-time employees. 61 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.
Ellis Bradley Jones has been acting as President since 1 Jun 2011. Cdltt Llc joined the executive team most recently as the Limited Partner.
The principal office where Wasserstein & Co., L.P. performs its advisory services is located at 1185 Avenue Of The Americas, New York, NY 10036, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-702-5600 or by fax 212-702-5635. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at wasserco.com.