Saybrook Capital Corp (Sag Harbor)

Name: Saybrook Capital Corp
Address: 7 Spring Street, Sag Harbor, NY, 11963
Telephone: 6317255518

Saybrook Capital Corp is a large advisory firm based in Sag Harbor. It manages $287 million of regulatory assets for 125 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New York and North Carolina.

Saybrook Capital Corp 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.

Saybrook Capital Corp: assets under management

The assets under management (AUM) of Saybrook Capital Corp is $287 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and $18 million of the total AUM is attributable to clients outside of the United States.

The firm manages $287 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.3 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 other assets, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Saybrook Capital Corp 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 Bruce Mcdaniel Babcock serves?

The firm provides services to charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bruce Mcdaniel Babcock is high net worth individuals with 116 clients and $247 million of assets under management. Among the 6 most similar advisory firms, Saybrook Capital Corp has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $287 million for 125 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Saybrook Capital Corp doesn't advise any private funds.

Careers at Saybrook Capital Corp

The company employs 5 people that are either part- or full-time employees. 40 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.

Bruce Mcdaniel Babcock has been acting as President since 1 Aug 1989. Luke Mcdaniel Babcock joined the executive team most recently as the Chief Compliance Officer, Co Managing Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Mcdaniel Babcock	President	1 Aug 1989	75% - 100%	4337106
Anne Burroughs Babcock	Secretary	1 Aug 1989	Other	4337111
Luke Mcdaniel Babcock	Chief compliance officer	1 Jan 2004	Other	2454138
Luke Mcdaniel Babcock	Chief compliance officer, co-managing principal	1 Jan 2008	25% - 50%	2454138
Scott Robinson Hirsch	Secretary, co-managing principal	1 Jan 2008	25% - 50%	2092879
Bruce Mcdaniel Babcock	Head analyst	1 Jan 2008	Other	4337106
Laureen Vanlandingham	Chief compliance officer	1 Jan 2008	Other	5502229
Bruce Mcdaniel Babcock	Strategist	1 Jan 2009	Other	4337106

Based in Sag Harbor

The principal office where Saybrook Capital Corp performs its advisory services is located at 7 Spring Street, Sag Harbor, NY 11963 The mailing address of the firm is Po Box 4, Sag Harbor, NY 11963. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 6317255518 or by fax 6317255519. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at saybrookcapital.com/.