Bourne Stenstrom Lent Asset Management, Inc. (Pawling)

Name: Bourne Stenstrom Lent Asset Management, Inc.
Address: 3 Memorial Avenue, Pawling, NY, 12564
Telephone: 845-855-1590

Bourne Stenstrom Lent Asset Management, Inc. is a large advisory firm based in Pawling. It manages $185.66 million of regulatory assets for 73 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Connecticut, Florida, Maine, New Jersey, and New York.

Bourne Stenstrom Lent Asset Management provides portfolio management for individuals and small businesses and 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.

Bourne Stenstrom Lent Asset Management: assets under management

The assets under management (AUM) of Bourne Stenstrom Lent Asset Management, Inc. is $185.66 million. The firm's AUM has gone down by -9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $184.72 million in discretionary accounts and $939.15 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.57 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $939.15 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bourne Stenstrom Lent Asset Management, Inc. 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.

Careers at Bourne Stenstrom Lent Asset Management, Inc.

Donald Winthrop Bourne has been acting as President since 1 Apr 1983. John Joseph Lent joined the executive team most recently as the Vice President, Chief Compliance Officer, Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Winthrop Bourne	Chairman	1 Apr 1983	Other	4369007
Clare Marie Stenstrom	Chief executive officer, treasurer, chief compliance officer	1 Jul 2000	25% - 50%	435202
John Joseph Lent	Vice president, chief compliance officer, chief executive officer	1 Jul 2014	Other	2224794
Donald Winthrop Bourne	President, chairman, treasurer	1 Jul 2014	75% - 100%	4368990

Based in Pawling

The principal office where Bourne Stenstrom Lent Asset Management, Inc. performs its advisory services is located at 3 Memorial Avenue, Pawling, NY 12564 The mailing address of the firm is Po Box 340, Pawling, NY 12564. An additional office of the firm is in Montclair, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 845-855-1590 or by fax 845-855-1542. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at bournelent.com.