S. Muoio & Co. LLC (New York)

Name: S. Muoio & Co. LLC
Address: 509 Madison Avenue, New York, NY, 10022
Telephone: 212-297-2555

S. Muoio & Co. LLC is a large advisory firm based in New York. It manages $168.79 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2011.

S. Muoio & provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and research services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

S. Muoio &: assets under management

The assets under management (AUM) of S. Muoio & Co. LLC is $168.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and $3.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $168.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.1 million each.

S. Muoio & has custody of $148.9 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in other assets form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay S. Muoio & Co. 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 S. Muoio & serves?

The only and largest group of clients of S. Muoio & is pooled investment vehicles with 7 clients and $148.9 million of assets under management. Among the 14 most similar advisory firms, S. Muoio & has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $148.9 million for 7 clients. 29% of the firm’s clients are foreign persons or businesses.

S. Muoio & also advises several private funds. Namely, three hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at S. Muoio & Co. LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Salvatore Muoio	Cio, managing member & chief compliance officer	1 Apr 1997	75% - 100%	1440620
Inc. Gamco Investors	Member	1 Apr 1997	Other	13-4007862
Associated Capital Group Inc.	Member	1 Apr 1997	Other	47-3965991
Paul Joseph Paolino	Chief financial officer	1 Jan 2008	Other	5316786
Paul Joseph Paolino	Chief compliance officer	1 Apr 2011	Other	5316786

Based in New York

The principal office where S. Muoio & Co. LLC performs its advisory services is located at 509 Madison Avenue, New York, NY 10022, 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 212-297-2555 or by fax 212-297-2550. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at sminvestors.com.