Mcc Advisors LLC is a large advisory firm based in New York. It manages $714.47 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of California.
Mcc Advisors provides portfolio management for investment companies. 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 Mcc Advisors LLC is $714.47 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mcc Advisors LLC 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 Mcc Advisors is business development companies with 1 clients and $714.47 million of assets under management. Among the 10 most similar advisory firms, Mcc Advisors has the highest percentage of business development companies out of all clients.
The amount of regulatory assets under management is $714.47 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Mcc Advisors doesn't advise any private funds.
The company employs 67 people that are either part- or full-time employees. 48 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.
The principal office where Mcc Advisors LLC performs its advisory services is located at 280 Park Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-759-0777 or by fax 212-759-0091. The normal business hours are 9:00 am - 5:00 pm et on Monday - Friday. You can find more information about the New York firm at mdly.com.