Strategy Asset Managers L.L.C. (Woodcliff Lake)

Name: Strategy Asset Managers L.L.C.
Address: 50 Tice Boulevard, Woodcliff Lake, NJ, 07677
Telephone: 626-657-0559

Strategy Asset Managers L.L.C. is a large advisory firm based in Woodcliff Lake. It manages $512.86 million of regulatory assets for 483 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, Arizona, California, and 14 other states.

Strategy Asset Managers L.L.C provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Strategy Asset Managers L.L.C: assets under management

The assets under management (AUM) of Strategy Asset Managers L.L.C. is $512.86 million. The firm's AUM has grown by 178% since the beginning of its operation, and $1.28 million of the total AUM is attributable to clients outside of the United States.

The firm manages $500.97 million in discretionary accounts and $11.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.7 million.

Strategy Asset Managers L.L.C has custody of $512.86 million in cash and securities for 483 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 83% 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 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Strategy Asset Managers L.L.C. 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 Strategy Asset Managers L.L.C serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Strategy Asset Managers L.L.C is high net worth individuals with 290 clients and $278.09 million of assets under management. Among the 9 most similar advisory firms, Strategy Asset Managers L.L.C has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $512.86 million for 476 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Strategy Asset Managers L.L.C doesn't advise any private funds.

Careers at Strategy Asset Managers L.L.C.

The company employs 13 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Gregory Scott Markel joined the executive team most recently as the Managing Director, Senior Investment Strategist..

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Michael Demichele	President & chief compliance officer	1 Feb 2001	75% - 100%	65092
Cecelia Louise Waterman Santiago	Senior vice president - marketing & client services	1 Mar 2001	Other	2747146
Cecelia Louise Watermansantiago	Senior vice president - marketing & client services	1 Mar 2001	Other	2747146
Christopher John Welch	Chief financial officer	1 Mar 2001	Other	4523624
Alan Howard Wapnick	Senior vice president-director of global strategy	1 Sep 2001	Other	728670
Alan H Wapnick	Senior vice president-director of global strategy	1 Sep 2001	Other	728670
Cecilia Connolly Pinto	Chief financial officer	1 Apr 2007	Other	5319773
Denis Peter Jamison	Senior vice president	1 Oct 2009	Other	724299
Bruce John Jensen	Chief compliance officer and chief operating officer	1 Jan 2015	Other	1173670
Hulick Capital Management Llc	Owner	1 Jan 2015	75% - 100%	46-2150118
Bruce John Jensen	Chief compliance officer , chief operating officer, co-chief investment officer	1 Jan 2016	Other	1173670
Hulick Capital Management Llc	Owner	1 Jan 2016	75% - 100%	46-2150118
Thomas Woodward Hulick	Chief executive officer	1 Jan 2018	Other	1806305
Gregory Scott Markel	Managing director, senior portfolio mananger	1 Mar 2018	Other	1559421
Neil Oliver Dorrel	Managing director, sales and marketing	1 Mar 2018	Other	2624042
Thomas Woodward Hulick	Chief compliance officer	1 Aug 2018	Other	1806305
Gregory Scott Markel	Managing director, senior investment strategist.	1 Jul 2019	Other	1559421

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Woodward Hulick	Managing member	1 Mar 2013	25% - 50%	1806305

Based in Woodcliff Lake

The principal office where Strategy Asset Managers L.L.C. performs its advisory services is located at 50 Tice Boulevard, Woodcliff Lake, NJ 07677, which is also the mailing address of the firm. An additional office of the firm is in Roseville, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 626-657-0559 or by fax 201-822-3002. The normal business hours are 9:00 a.m.to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at strategyassetmanagers.com and its LinkedIn profile.