Zweig Dimenna Associates LLC (New York)

Name: Zweig Dimenna Associates LLC
Address: 900 Third Ave, New York, NY, 10022
Telephone: 212-451-1100

Zweig Dimenna Associates LLC is a large advisory firm based in New York. It manages $1.3 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Zweig Dimenna Associates provides 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.

Zweig Dimenna Associates: assets under management

The assets under management (AUM) of Zweig Dimenna Associates LLC is $1.3 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and $39.78 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.29 million each.

Zweig Dimenna Associates has custody of $852.96 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Zweig Dimenna Associates 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 Zweig Dimenna Associates serves?

The only and largest group of clients of Zweig Dimenna Associates is pooled investment vehicles with 4 clients and $1.3 billion of assets under management. Among the 9 most similar advisory firms, Zweig Dimenna Associates has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.3 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Zweig Dimenna Associates also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $3,000,000.

Careers at Zweig Dimenna Associates LLC

The company employs 40 people that are either part- or full-time employees. 45 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

Name	Entity	Date acquired	Ownership	Employer ID
Jeannine M Lanese	Vp of operations	1 Feb 1995	Other	2984862
Stuart Bert Panish	General counsel	1 Feb 1995	Other	2596334
Joseph Anthony Dimenna	Managing director	1 Feb 1995	75% - 100%	1791596
Marc (Nmn) Baltuch	Chief compliance officer	1 Feb 1995	Other	1982582
Martin Edward Zweig	Managing director	1 Feb 1995	Other	1790850
Kevin P Cannon	Ceo	1 Jan 2000	Other	4649411
Michael George Link	Treasurer	1 Apr 2003	Other	2019768
Estate Of Martin E. Zweig	Member	1 Feb 2013	Other	35-7019495
Thomas Frances Keyes	Executive vice president	1 Dec 2013	Other	4527612
Moshe A Luchins	Chief compliance officer	1 Jul 2016	Other	2845018

Based in New York

The principal office where Zweig Dimenna Associates LLC performs its advisory services is located at 900 Third Ave, New York, NY 10022, 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 212-451-1100. The normal business hours are 8:00 am to 5 pm on Monday - Friday. You can find more information about the New York firm at zweig-dimenna.com.