Vectors Research Management LLC (New York)

Name: Vectors Research Management LLC
Address: 65 Bleecker Street, New York, NY, 10012
Telephone: 212-431-0857

Vectors Research Management LLC is a large advisory firm based in New York. It manages $360 million of regulatory assets for 519 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Virginia.

Vectors Research Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and special reports: analyzing non-agency securities or issued by housing agencies with credit risk. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vectors Research Management: assets under management

The assets under management (AUM) of Vectors Research Management LLC is $360 million. The firm's AUM has grown by 350% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $268.39 million in discretionary accounts and $91.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $542.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.82 million.

Investments

The firm invests in investment and business development companies the most. They account for 26% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in government bonds form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vectors Research Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Vectors Research Management serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Vectors Research Management is high net worth individuals with 400 clients and $244.49 million of assets under management. Among the 8 most similar advisory firms, Vectors Research Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $360 million for 411 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.

Vectors Research Management doesn't advise any private funds.

Careers at Vectors Research Management LLC

The company employs 3 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
William Michael Storms	Principal	1 Aug 2004	Other	1921541
Neil Jeffery Powers	Portfolio manager, managing member	1 Jan 2005	Other	5062062
Bradley Harris Schwartz	Coo	1 Apr 2005	Other	2372237
Andrew Seth Davidson	Managing member	1 Nov 2005	50% - 75%	2017636
Richard Brian Scott	Chief compliance officer	1 Aug 2007	Other	1885813

Based in New York

The principal office where Vectors Research Management LLC performs its advisory services is located at 65 Bleecker Street, New York, NY 10012 The mailing address of the firm is 4701 Cox Road, Glen Allen, VA 23060. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-431-0857 or by fax 212-274-0545. The normal business hours are 8.30am - 5.30pm on Monday - Friday. You can find more information about the New York firm at vectorsresearch.com.