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.
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 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.
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.
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.
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/.