Philosmith Capital Corporation (Stamford)

Name: Philosmith Capital Corporation
Address: Six Landmark Square, Stamford, CT, 06901
Telephone: 203-348-7365

Philosmith Capital Corporation is a large advisory firm based in Stamford. It manages $154 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Philosmith Capital Corporation 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.

Philosmith Capital Corporation: assets under management

The assets under management (AUM) of Philosmith Capital Corporation is $154 million. The firm's AUM has grown by 47% since the beginning of its operation, and $4.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $35 million in discretionary accounts and $119 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $59.5 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Philosmith Capital Corporation 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 James Andrew Amen serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of James Andrew Amen is investment companies with 2 clients and $119 million of assets under management. Among the 8 most similar advisory firms, Philosmith Capital Corporation has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $154 million for 3 clients. 3% of the firm’s clients are foreign persons or businesses.

Philosmith Capital Corporation doesn't advise any private funds.

Careers at Philosmith Capital Corporation

The company employs 6 people that are either part- or full-time employees. 83 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.

James Andrew Amen has been acting as President since 1 Apr 2009. David Anthony Salmon joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Earl Inglis	Vice president, secretary & treasurer	1 Jan 1998	25% - 50%	4862984
Francis Joseph Hagerty	Vice president	1 Aug 1998	Other	5796567
Michele Corridor Ogrady	Vice president & cco	1 Oct 1998	Other	3191120
James Andrew Amen	President	1 Apr 2009	25% - 50%	4862990
David Anthony Salmon	Vice president	1 Apr 2018	Other	5156177

Based in Stamford

The principal office where Philosmith Capital Corporation performs its advisory services is located at Six Landmark Square, Stamford, CT 06901, 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 203-348-7365 or by fax 203-348-4553. The normal business hours are 9:00am -5:00pm on Monday - Friday. You can find more information about the New York firm at philosmith.com.