Salzman & Co., Inc. (Greenwich)

Name: Salzman & Co., Inc.
Address: 2 Greenwich Office Park, Greenwich, CT, 06831
Telephone: 203-302-2701

Salzman & Co., Inc. is a large advisory firm based in Greenwich. It manages $142.23 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut, Delaware, and Texas.

Salzman & Co. provides portfolio management for individuals and small businesses, 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.

Salzman & Co.: assets under management

The assets under management (AUM) of Salzman & Co., Inc. is $142.23 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and $110.16 million of the total AUM is attributable to clients outside of the United States.

The firm manages $142.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.56 million each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is government bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Salzman & Co., Inc. 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 Salzman & Co. serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Salzman & Co. is pooled investment vehicles with 3 clients and $127.1 million of assets under management. Among the 9 most similar advisory firms, Salzman & Co. has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $142.23 million for 4 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 50% of the firm’s clients are foreign persons or businesses.

Salzman & Co. also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Salzman & Co., Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Stephen Barry Salzman	Sole director & chief executive officer	1 Jun 2006	Other	1748711
Inc. Sbs Investors	Sole shareholder	1 Jun 2006	75% - 100%	20-5104749
Kathie Terese Mariano	Chief financial officer & chief compliance officer	1 Mar 2009	Other	6010805

Based in Greenwich

The principal office where Salzman & Co., Inc. performs its advisory services is located at 2 Greenwich Office Park, Greenwich, CT 06831, which is also the mailing address of the firm. An additional office of the firm is in Pittsford, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-302-2701 or by fax 203-302-2710. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at salzmanco.com/.