Amherst Capital Management LLC is a large advisory firm based in New York. It manages $1.76 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Massachusetts, New York, Texas, and Virginia.
Amherst Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Amherst Capital Management LLC is $1.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 403% since the beginning of its operation, and $857.21 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Amherst Capital Management 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Amherst Capital Management is pooled investment vehicles with 2 clients and $585.11 million of assets under management. Among the 9 most similar advisory firms, Amherst Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $906.23 million for 3 clients. None of the firm’s clients are foreign persons or businesses.
Amherst Capital Management doesn't advise any private funds.
The company employs 27 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 7 people 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.
The principal office where Amherst Capital Management LLC performs its advisory services is located at 444 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-593-6020 or by fax 212-593-7522. The normal business hours are 8:30 - 5:00 on Monday - Friday.