Promethos Capital, LLC (North White Plains)

Promethos Capital, LLC is a mid-sized advisory firm based in North White Plains. It manages $25.51 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Massachusetts and New York.

Promethos Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Promethos Capital: assets under management

The assets under management (AUM) of Promethos Capital, LLC is $25.51 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $10.21 million in discretionary accounts and $15.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.06 million.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Promethos Capital, LLC for their services and products based on a percentage of assets under management and fixed 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 Promethos Capital serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Promethos Capital is high net worth individuals with 8 clients and $15.51 million of assets under management. Among the 1 most similar advisory firms, Promethos Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $25.51 million for 8 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Promethos Capital doesn't advise any private funds.

Careers at Promethos Capital, LLC

The company employs 7 people that are either part- or full-time employees. 57 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thaddeus Marion Leszczynski	Interim chief compliance officer	1 Feb 2019	Other	1894185
John Joseph Linnehan	Managing member	1 Feb 2019	25% - 50%	2308361
Joseph Ronald Sylvester	Member	1 Feb 2019	25% - 50%	2239402
Jacqueline Katherine Linnehan	Member	1 Feb 2019	Other	2201559
Iva C Kalus Bystricky	Member	1 Mar 2019	25% - 50%	6469845

Based in North White Plains

The principal office where Promethos Capital, LLC performs its advisory services is located at 75 Virginia Road, Second Floor, North White Plains, NY 10603, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-784-9250. The normal business hours are 9 am - 5 pm on Monday - Friday.