Peconic Partners Llc (New York)
Peconic Partners Llc Is a Large Advisory Firm Based in New York. It Manages $368.23 Million of Regulatory Assets for 12 Client Accounts. It Has Been Registered...
Peconic Partners LLC is a large advisory firm based in New York. It manages $368.23 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.
Peconic Partners 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.
Peconic Partners: assets under management
The assets under management (AUM) of Peconic Partners LLC is $368.23 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3435% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $368.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.69 million each.
Peconic Partners has custody of $364.53 million in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 37% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.
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