Munakata Associates LLC (Rye)

Munakata Associates LLC is a mid-sized advisory firm based in Rye. It manages $27.36 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Munakata Associates provides portfolio management for individuals and small businesses 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.

Munakata Associates: assets under management

The assets under management (AUM) of Munakata Associates LLC is $27.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and $6.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $27.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.47 million each.

Investments

The firm invests in exchange traded securities the most. They account for 33% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in non-exchange traded securities form 17% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Munakata Associates LLC 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.

What kind of clients Ichiro Munakata serves?

The only and largest group of clients of Ichiro Munakata is high net worth individuals with 4 clients and $23.08 million of assets under management. Among the 1 most similar advisory firms, Munakata Associates has the 0th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $23.08 million for 4 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 14% of the firm’s clients are foreign persons or businesses.

Munakata Associates doesn't advise any private funds.

Careers at Munakata Associates LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
Ichiro Munakata	President/chief compliance officer	1 Mar 2017	75% - 100%	4403795
Ichiro Munakata	President/chief compliance officer	1 Feb 2018	75% - 100%	4403795

Based in Rye

The principal office where Munakata Associates LLC performs its advisory services is located at 599 Midland Avenue, Suite 2 9, Rye, NY 10580, 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 914-310-9863 or by fax 203-286-1145. The normal business hours are 9am-5pm on Monday - Friday.