Armstrong Shaw Associates Inc. (New Canaan)
Armstrong Shaw Associates Inc. is a large advisory firm based in New Canaan. It manages $106.92 million of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, New York, and Texas.
Armstrong Shaw Associates 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.
Armstrong Shaw Associates: assets under management
The assets under management (AUM) of Armstrong Shaw Associates Inc. is $106.92 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -95% since the beginning of its operation, and $10.8 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Armstrong Shaw Associates 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.
What kind of clients Monica Carol Grady serves?
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Monica Carol Grady is high net worth individuals with 23 clients and $77.72 million of assets under management. Among the 10 most similar advisory firms, Armstrong Shaw Associates has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $106.92 million for 38 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Armstrong Shaw Associates doesn't advise any private funds.
Careers at Armstrong Shaw Associates Inc.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Monica Carol Grady has been acting as President since 1 Dec 1986. Jacqueline Lindenbaum joined the executive team most recently as the Principal.
Direct owners and executive officers
Based in New Canaan
The principal office where Armstrong Shaw Associates Inc. performs its advisory services is located at 237 Elm Street, New Canaan, CT 06840, 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 203-972-9600 or by fax 203-972-9635. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at armstrongshaw.com.
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