Philippe Investment Management, Inc (New York)

Name: Philippe Investment Management, Inc
Address: One Penn Plaza, New York, NY, 10119
Telephone: 212-687-3290

Philippe Investment Management, Inc is a large advisory firm based in New York. It manages $229.27 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2001.

Philippe Investment Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and trusts and estates and charitable institutions. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Philippe Investment Management: assets under management

The assets under management (AUM) of Philippe Investment Management, Inc is $229.27 million. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $136.68 million in discretionary accounts and $92.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.83 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.3 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Philippe Investment Management, Inc for their services and products based on a percentage of assets under management. 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.

Careers at Philippe Investment Management, Inc

Zoltan Hankovszky has been acting as President since 1 Oct 1998. Jacques Vaysse joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Beatrice Philippe	Shareholder, chairman of board, managing director and president	1 Sep 1981	75% - 100%	4349460
Michel Raud	Shareholder, director and managing director	1 Mar 1990	Other	4349685
Douglas Alexander Bean	Shareholder, vice president, secretary & director	1 Sep 1997	Other	1843079
Zoltan Hankovszky	Director	1 Oct 1998	Other	4349603
Garnett Lee Keith	Director	1 Oct 1998	Other	1475168
Deborah G George	Vice president and director of marketing and client service	1 Mar 1999	Other	720983
James Edward Minnick	Director	1 Mar 2001	Other	716204
Progress Putnam Lovell Advisors Llc	Shareholder	1 Mar 2001	25% - 50%	95-4820912
Jr. Thurman V. White	Director	1 Mar 2001	Other	4378802
Progress Putnam Lovell Ventures Llc	Shareholder	1 Mar 2001	25% - 50%	95-4802260
Llc Progress Putnam Lovell Ventures	Shareholder	1 Mar 2001	25% - 50%	95-4802260
Carol Consuelo Brooke	Director	1 Apr 2002	Other	4347994
Lenore Erber Thornton	Senior vice president, director of marketing and client service	1 Jul 2003	Other	446439
Takashi Bayard Moriuchi	Director	1 Jan 2004	Other	2813291
Beatrice Philippe	Shareholder, chairman of board, managing director, president and chief compliance officer	1 Dec 2007	25% - 50%	4349460
Michel Raud	Shareholder, director and managing director	1 Dec 2007	25% - 50%	4349685
Carol Consuelo Brooke	Director & shareholder	1 Dec 2007	Other	4347994
Beatrice Philippe	Shareholder, chairman of board, managing director, president and chief compliance officer	1 Oct 2008	50% - 75%	4349460
Michel Raud	Director and shareholder	1 Aug 2009	Other	4349685
Howard Chin	Associate portfolio manager & analyst & shareholder	1 Aug 2009	Other	3023685
Sa Pim Gestion France	Shareholder	1 Aug 2009	Other	110570
Jacques Vaysse	Managing director and chief operating officer	1 Aug 2009	Other	4345305
Anne Philippe Vaysse	Director and shareholder	1 Aug 2009	Other	4345312
Pierre Esmein	Director and shareholder	1 Aug 2009	Other	5706473
Philippe Family Partnership	Shareholder	1 Aug 2009	Other	13-3872595
Societe Civil Charlie S.A.	Shareholder	1 Aug 2009	Other	foreign
Anne Philippe Vaysse	Director and shareholder	1 Oct 2010	Other	4345312
Paul Bastard Philippe	Shareholder	1 Oct 2010	Other	5872058
Louiza Ferrara	Vice president	1 Aug 2011	Other	5015992
Fourpoints Investment Managers S.A.S	Shareholder	1 May 2012	Other	164612
Jacques Vaysse	Shareholder	1 Sep 2012	Other	4345305

Indirect Owners

The SEC currently registers 29 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lf Global Holdings Llc	Limited partner	1 Aug 1999	25% - 50%	33-0775952
Highcrest Capital Partners Llc	General partner	1 Aug 1999	Other	95-4706384
National Bank Financial & Co Inc.	Majority shareholder national bank financial inc.	1 Sep 1999	75% - 100%	00-000000
Groupe Banque Nationale Inc.	Majority shareholder national bank financial & co inc.	1 Sep 1999	75% - 100%	00-000000
Banque Nationale Du Canada	Majority shareholder groupe banque nationale inc.	1 Sep 1999	75% - 100%	13-2957778
Progress Investment Management Company	Shareholder	1 Apr 2000	50% - 75%	109594
Highcrest California Partners Llc	Shareholder	1 Apr 2000	50% - 75%	95-4820912
Putnam Lovell Capital Partners Inc.	Shareholder	1 Apr 2000	75% - 100%	95-4653753
Putnam Lovell Group Inc.	Owner	1 Apr 2000	75% - 100%	95-3283346
Donald Harding Putnam	Shareholder	1 Apr 2000	25% - 50%	1065385
Putnam Lovell Nbf Group Inc.	Owner	1 Apr 2000	75% - 100%	95-3283346
Progress Putnam Lovell Advisors Llc	Sole managing member	1 Apr 2000	Other	95-4802253
Jeffrey Dale Lovell	Manager	1 Apr 2000	Other	1095362
James Edward Minnick	Manager	1 Apr 2000	Other	716204
Jr. Thurman Vernon White	Manager	1 Apr 2000	Other	4378802
Donna Kathleen Gilding	Manager	1 Apr 2000	Other	4379194
California Public Employees Retirement System	Non-managing member	1 Apr 2000	75% - 100%	94-6207465
Progress Lovell Minnick Advisors Llc	Sole managing member	1 Apr 2000	Other	95-4802253
Fleet National Bank	Parent company	1 May 2000	75% - 100%	04-2472499
Inc. Columbia Management Group	Parent company	1 May 2000	75% - 100%	01-0547933
Fleet/Liberty Holdings	Sole shareholder of progress investment management company	1 Nov 2001	75% - 100%	00-0000000
Fleet National Bank	Sole shareholder of fleet/liberty holdings, inc.	1 Nov 2001	75% - 100%	04-2472499
Fleetboston Financial Corporation	Sole shareholder of fleet national bank	1 Nov 2001	75% - 100%	05-0341324
Inc. National Bank Financial	Sole shareholder of putnam lovell nbf group, inc.	1 Jun 2002	75% - 100%	00-000000
Lovell Minnick Partners Llc	Sole managing member	1 Feb 2004	Other	20-0493456
Lovell Minnick Holdings Llc	Sole managing member	1 Feb 2004	Other	20-0498914
Jeffrey Dale Lovell	Co-managing member	1 Feb 2004	50% - 75%	1095362
James Edward Minnick	Co-managing member	1 Feb 2004	25% - 50%	716204
Jose Patricio Balagot	Manager	1 Aug 2005	Other	4379393

Based in New York

The principal office where Philippe Investment Management, Inc performs its advisory services is located at One Penn Plaza, New York, NY 10119, 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 212-687-3290 or by fax 212-687-3418. The normal business hours are 9:00am-5:30pm on Monday - Friday. You can find more information about the New York firm at www.philippe-group.com.