Magten Asset Management Corp is an internet adviser based in New York. It manages $15.72 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Maryland.
Magten Asset Management Corp provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. 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 Magten Asset Management Corp is $15.72 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% 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 Magten Asset Management Corp for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Talton Embry has been acting as President since 1 Jan 1978. Vishal Bhutani joined the executive team most recently as the Vice President.
The principal office where Magten Asset Management Corp performs its advisory services is located at 35 East 21 St Street 5 Th Floor, New York, NY 10010, 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 212-529-6600 or by fax 212-505-0484. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday.