Balestra Capital, Ltd. is a large advisory firm based in New York. It manages $124.33 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.
Balestra Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Balestra Capital, Ltd. is $124.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -94% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Balestra Capital, Ltd. 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.
James Laurence Melcher has been acting as President since 1 Jan 1979. Shu Mei Liu joined the executive team most recently as the Director Of Operations And Chief Compliance Officer.
The principal office where Balestra Capital, Ltd. performs its advisory services is located at 58 West 40 Street, New York, NY 10018, 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 212-768-9000 or by fax 212-768-1883. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at balestracapital.com.