Fletcher Asset Management, Inc. (New York)

Name: Fletcher Asset Management, Inc.
Address: 48 Wall Street, New York, NY, 10005
Telephone: 212-284-4800

Fletcher Asset Management, Inc. is a large advisory firm based in New York. It manages $554.8 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Fletcher Asset Management 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.

Fletcher Asset Management: assets under management

The assets under management (AUM) of Fletcher Asset Management, Inc. is $554.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $554.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.68 million each.

Fletcher Asset Management has custody of $554.8 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fletcher Asset Management, 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.

Careers at Fletcher Asset Management, Inc.

Denis Joseph Kiely has been acting as President since 1 Apr 1998. Karl White has served as the Chief Investment Officer since 1 Jul 2006. Moez Mansoor Kaba joined the executive team most recently as the Director & Corporate Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alphonse Fletcher	Director, chairman and chief executive officer	1 Mar 1991	75% - 100%	1725358
Peter Michael Zayfert	Executive vice president, secretary and director of trading	1 Feb 1992	Other	1885193
Denis Joseph Kiely	Deputy ceo	1 Oct 1996	Other	2389201
Jonathan Barth Schindel	Executive vice president	1 Feb 1998	Other	4350710
Angela Kathleen Dorn	Managing director and general counsel	1 Mar 1998	Other	4350714
Denis Joseph Kiely	Director	1 Apr 1998	Other	2389201
Mei Ying Tsai	Chief financial officer	1 Jun 1999	Other	4350719
Kell Byron Benson	Vice chairman	1 Mar 2000	Other	4350699
Zachary Lawrence Gleit	Managing director	1 Jan 2001	Other	4490119
Zachary Lawrence Gleit	Consultant	1 May 2002	Other	4490119
Mei Ying Tsai	Consultant	1 Jun 2002	Other	4350719
Brendan Peter Mchugh	Funds chief financial officer	1 Jul 2002	Other	4613398
Llc Duhallow Financial Services	Has contractual relationship to provide financial services to the applicant.	1 Mar 2003	Other	51-0451036
Patrick Bernard Huvane	Chief financial officer and chief compliance officer	1 Oct 2004	Other	2948612
Stewart Alan Turner	Director	1 Oct 2005	Other	1578021
Burt Louis Kozloff	Director	1 Jan 2006	Other	274605
Karl White	Chief investment officer	1 Jul 2006	Other	4807148
Michael Thomas Mccarville	Secretary	1 Sep 2006	Other	5229484
Jay Barry Shows	Chief compliance officer	1 Dec 2006	Other	3083939
Eisner Llp	Auditors	1 Mar 2010	Other	13-1639826
Moez Mansoor Kaba	Director & corporate secretary	1 Apr 2010	Other	5890876
Angela Kathleen Dorn	Director	1 Apr 2010	Other	4350714

Based in New York

The principal office where Fletcher Asset Management, Inc. performs its advisory services is located at 48 Wall Street, New York, NY 10005, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-284-4800 or by fax 212-284-4801. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at fletcher.com.