Safra Asset Management Corporation (New York City)

Safra Asset Management Corporation is a large advisory firm based in New York City. It manages $344.5 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2004.

Safra Asset Management Corporation provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and portfolio consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Safra Asset Management Corporation: assets under management

The assets under management (AUM) of Safra Asset Management Corporation is $344.5 million. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $48.6 million in discretionary accounts and $295.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $22.76 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Safra Asset Management Corporation for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Safra Asset Management Corporation

Carlos Cesar Bertaco Bonfim has been acting as President since 1 Aug 2004. Michael Seth Rubinoff joined the executive team most recently as the President.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 5 indirect owners.

Based in New York City

The principal office where Safra Asset Management Corporation performs its advisory services is located at 550 Fifth Avenue, New York City, NY 10036 The mailing address of the firm is 546 Fifth Avenue, New York, NY 10036. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-704-5553 or by fax 212-391-3906. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.safrafunds.com.

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