Penso Capital Markets, LLC (Cedarhurst)


Penso Capital Markets, LLC is a large advisory firm based in Cedarhurst. It manages $64 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Penso Capital Markets provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Penso Capital Markets: assets under management

The assets under management (AUM) of Penso Capital Markets, LLC is $64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 105% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.33 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Penso Capital Markets, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Abraham Joseph Pfeiffer Trustee 1 Dec 1999 75% - 100% 4367391
Abraham J. Pfeiffer Revocable Trust Trustee 1 Dec 1999 Other 13-7186951
Alaska Trust Company Trustee 1 Dec 1999 Other n/a
Capco Trust Nevis Limited Trustee 1 Dec 1999 Other n/a
Capco Trust Iom Limited Trustee 1 Dec 1999 Other n/a
A.B.I.B. Family Trust Member 1 Apr 2002 75% - 100% 11-6544533
Llc Symphony Associates Managing member 1 Aug 2002 50% - 75% 04-3639262

Based in Cedarhurst

The principal office where Penso Capital Markets, LLC performs its advisory services is located at 68 Carman Avenue, Cedarhurst, NY 11516, 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 516-791-3800 or by fax 516-791-0060. The normal business hours are 9am-5pm on Monday - Friday.