Castle Harlan, Inc. (New York)

Name: Castle Harlan, Inc.
Address: 150 East 58 Th Street, New York, NY, 10155
Telephone: 212-644-8600

Castle Harlan, Inc. is a large advisory firm based in New York. It manages $875.77 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida and New York.

Castle Harlan provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Castle Harlan: assets under management

The assets under management (AUM) of Castle Harlan, Inc. is $875.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -39% since the beginning of its operation, and $112.42 million of the total AUM is attributable to clients outside of the United States.

The firm manages $875.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.38 million each.

Castle Harlan has custody of $615.41 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Castle Harlan, Inc. 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 William D. Zabel serves?

The only and largest group of clients of William D. Zabel is pooled investment vehicles with 15 clients and $875.77 million of assets under management. Among the 10 most similar advisory firms, Castle Harlan has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $875.77 million for 15 clients. 47% of the firm’s clients are foreign persons or businesses.

Castle Harlan also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $1,500,000.

Careers at Castle Harlan, Inc.

The company employs 21 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

William D. Zabel has been acting as President since 1 May 2015. David Alexander Castle joined the executive team most recently as the Sr. Vice President, Treasurer, Chief Administrative Officer, Member Of The Board Of Directors.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Krob Castle	Ceo	1 Apr 1987	50% - 75%	43129
Leonard Morton Harlan	Executive committee chairman	1 Apr 1987	25% - 50%	1871041
Howard Weiss	Cfo	1 Apr 1987	Other	6029434
Lewis Allen Raibley	Chief compliance officer	1 Jun 2005	Other	2274573
Howard Weiss	Cco, cfo	1 Sep 2013	Other	6029434
William D. Zabel	Director	1 May 2015	Other	6686951
Jacqueline Oliveira	Chief compliance officer	1 Jun 2016	Other	5054039
Gary David Bialik	Chief financial officer	1 Jun 2016	Other	3103919
David B Pittaway	Sr. managing director, chief compliance officer, sr. vice president, secretary, member of the board of directors	1 May 2017	Other	1395349
David Alexander Castle	Member of the board of directors	1 May 2017	Other	6519898
David Alexander Castle	Chief financial officer, sr. vice president, treasurer, chief administrative officer, member of the board of directors	1 May 2018	Other	6519898
David Alexander Castle	Sr. vice president, treasurer, chief administrative officer, member of the board of directors	1 Jul 2018	Other	6519898
James Aloysious Reddington	Chief financial officer, sr. vice president	1 Jul 2018	Other	6519906

Based in New York

The principal office where Castle Harlan, Inc. performs its advisory services is located at 150 East 58 Th Street, New York, NY 10155, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-644-8600 or by fax 212-317-8416. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at castleharlan.com.