Meyer Handelman Company Llc (Rye Brook)
Meyer Handelman Company Llc Is a Large Advisory Firm Based in Rye Brook. It Manages $1.91 Billion of Regulatory Assets for 327 Client Accounts. It Has Been...
Meyer Handelman Company LLC is a large advisory firm based in Rye Brook. It manages $1.91 billion of regulatory assets for 327 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Connecticut, Florida, and 8 other states.
Meyer Handelman Company provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Meyer Handelman Company: assets under management
The assets under management (AUM) of Meyer Handelman Company LLC is $1.91 billion. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $1.9 billion in discretionary accounts and $13.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.72 million.
Meyer Handelman Company has custody of $1.91 billion in cash and securities for 327 clients in total and acts as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.
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