Cb Capital Advisors, LLC (New York)

Cb Capital Advisors, LLC is a large advisory firm based in New York. It manages $106.24 million of regulatory assets for 54 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of New Hampshire, New York, and Pennsylvania.

Cb Capital Advisors provides portfolio management for individuals and small businesses and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cb Capital Advisors: assets under management

The assets under management (AUM) of Cb Capital Advisors, LLC is $106.24 million. The firm's AUM has gone down by -72% since the beginning of its operation, and $81.85 million of the total AUM is attributable to clients outside of the United States.

The firm manages $6.91 million in discretionary accounts and $99.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $986.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.11 million.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 24% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cb Capital 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.

What kind of clients Cb Capital Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Cb Capital Advisors is high net worth individuals with 46 clients and $93.21 million of assets under management. Among the 10 most similar advisory firms, Cb Capital Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $106.24 million for 54 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 45% of the firm’s clients are foreign persons or businesses.

Cb Capital Advisors doesn't advise any private funds.

Careers at Cb Capital Advisors, 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. Only one employee is registered as an investment adviser representative 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
Dean Nmn Barry	Managing member	1 May 2008	75% - 100%	1664086
Dean Barry	Managing member/chief compliance officer	1 May 2008	75% - 100%	1664086
Laurence Mitchell Guberman	Chief compliance officer	1 Jan 2011	Other	2160348

Based in New York

The principal office where Cb Capital Advisors, LLC performs its advisory services is located at 590 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Callicoon Centre, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-798-3850 or by fax 646-798-3851. The normal business hours are by appointment only on Monday - Friday.