Emmes Realty Advisors LLC (New York)

Emmes Realty Advisors LLC is a large advisory firm based in New York. It manages $267.92 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and New York.

Emmes Realty Advisors provides 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.

Emmes Realty Advisors: assets under management

The assets under management (AUM) of Emmes Realty Advisors LLC is $267.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $267.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $133.96 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Emmes Realty Advisors LLC 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 Emmes Realty Advisors serves?

The firm provides services to corporations or other businesses and state or municipal government entities. The largest group of clients of Emmes Realty Advisors is state or municipal government entities with 1 clients and $257.9 million of assets under management. Among the 8 most similar advisory firms, Emmes Realty Advisors has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $267.92 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Emmes Realty Advisors doesn't advise any private funds.

Careers at Emmes Realty Advisors LLC

The company employs 39 people that are either part- or full-time employees. 21 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Davidoff	Chairman, member, cco	1 Mar 2015	75% - 100%	4502344
Andrew Irwin Davidoff	Chairman, member, cco	1 Mar 2015	75% - 100%	4502344
Alison Ruth Pappas	Cco	1 May 2015	Other	6525198
Emmes Master Services Llc	Member	1 Jun 2015	75% - 100%	13-3996549
Juan Pablo Sciammarella	Chief financial officer	1 Jan 2017	Other	6772447

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Irwin Davidoff	Member	1 Jun 2015	75% - 100%	4502344

Based in New York

The principal office where Emmes Realty Advisors LLC performs its advisory services is located at 44 W. 55 Th Street, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Irvine, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-293-8900 or by fax 212 293 8801. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.