Platt Capital Management Inc (New York)

Platt Capital Management Inc is an adviser based in New York. It manages $16.58 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2001.

Platt Capital Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Platt Capital Management: assets under management

The assets under management (AUM) of Platt Capital Management Inc is $16.58 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.11 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Platt Capital Management Inc for their services and products based on a percentage of assets under management. 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 Platt Capital Management Inc

David Nicoll Platt has been acting as President since 1 Jan 1981. Grenville Mac Donald Gooder joined the executive team most recently as the Senior Vice President/Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Nicoll Platt	President	1 Jan 1981	75% - 100%	4342205
David Scranton Platt	Vice president	1 Apr 2000	Other	4342242
Grenville Mac Donald Gooder	Senior vice president/cco	1 Sep 2004	Other	225133

Based in New York

The principal office where Platt Capital Management Inc performs its advisory services is located at 950 Third Ave, New York, NY 10022 2705, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.