American Securities LLC (New York)
American Securities LLC is a large advisory firm based in New York. It manages $15.2 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2012.
American Securities provides portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
American Securities: assets under management
The assets under management (AUM) of American Securities LLC is $15.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 72% since the beginning of its operation, and $323.48 million of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay American Securities LLC 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.
What kind of clients American Securities serves?
The only and largest group of clients of American Securities is pooled investment vehicles with 25 clients and $15.2 billion of assets under management. Among the 10 most similar advisory firms, American Securities has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $15.2 billion for 25 clients. 16% of the firm’s clients are foreign persons or businesses.
American Securities also advises several private funds. Namely, twenty five private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.
Careers at American Securities LLC
The company employs 124 people that are either part- or full-time employees. 53 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
Indirect Owners
The SEC currently registers 3 indirect owners.Based in New York
The principal office where American Securities LLC performs its advisory services is located at 299 Park Avenue, New York, NY 10171, 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 212 476-8000 or by fax 212 697-5524. The normal business hours are 9 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at american-securities.com.
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