J. Mandwelle Capital Strategies, LLC (Queensbury)

Name: J. Mandwelle Capital Strategies, LLC
Address: 15 Sycamore Drive, Queensbury, NY, 12804
Telephone: 518-792-4519

J. Mandwelle Capital Strategies, LLC is a mid-sized advisory firm based in Queensbury. It manages $26.46 million of regulatory assets for 123 client accounts. It has been registered with the SEC as an adviser since 2018.

J. Mandwelle Capital Strategies provides financial planning services and 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.

J. Mandwelle Capital Strategies: assets under management

The assets under management (AUM) of J. Mandwelle Capital Strategies, LLC is $26.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $215.13 thousand each.

J. Mandwelle Capital Strategies has custody of $1.3 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 44% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J. Mandwelle Capital Strategies, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 J. Mandwelle Capital Strategies serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of J. Mandwelle Capital Strategies is individuals with 99 clients and $16.3 million of assets under management. Among the 2 most similar advisory firms, J. Mandwelle Capital Strategies has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $26.46 million for 123 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.

J. Mandwelle Capital Strategies doesn't advise any private funds.

Careers at J. Mandwelle Capital Strategies, 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. 2 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
Jonathan Mandwelle	Managing member - cco	1 Nov 2012	75% - 100%	2493454

Based in Queensbury

The principal office where J. Mandwelle Capital Strategies, LLC performs its advisory services is located at 15 Sycamore Drive, Queensbury, NY 12804, 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 518-792-4519 or by fax 888-651-5322. The normal business hours are 9:00 to 4:30 on Monday - Friday. You can find more information about the New York firm at facebook.com/jmandwellecapitalmanagement/.