Barington Companies Investors, LLC (New York)


Barington Companies Investors, LLC is a large advisory firm based in New York. It manages $120.29 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Barington Companies Investors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and non discretionary consulting service to individuals and entities (other than pooled investment vehicles). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Barington Companies Investors: assets under management

The assets under management (AUM) of Barington Companies Investors, LLC is $120.29 million. The firm's AUM has grown by 113% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.66 million in discretionary accounts and $12.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.83 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.21 million.
Barington Companies Investors has custody of $111.79 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 39% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Barington Companies Investors, LLC 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.

What kind of clients Barington Companies Investors serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Barington Companies Investors is pooled investment vehicles with 1 clients and $106.08 million of assets under management. Among the 9 most similar advisory firms, Barington Companies Investors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $114.57 million for 4 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Barington Companies Investors also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Barington Companies Investors, LLC

The company employs 7 people that are either part- or full-time employees. 43 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 3 people 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Anthony Mitarotonda Chairman, president, ceo and managing member 1 May 1999 Other 1332607
L.P. Barington Capital Group Member 1 Jan 2000 50% - 75% 13-3635132
L.P. Federal Partners Member 1 Jan 2004 Other 13-3646477
Joseph R. Wright Member 1 Mar 2005 Other 6036467
Joseph Robert Wright Member 1 Mar 2005 Other 6036467
Jared Lawrence Landaw Coo, cco and gc 1 Sep 2009 Other 5060022
George W. Iii Hebard Director of research 1 Jan 2014 Other 6931492

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ninth Floor Corp Gp 1 Sep 1991 Other 13-3626991
The Clark Foundation Lp 1 Sep 1991 25% - 50% 13-5616528
Lna Capital Corp Gp 1 Oct 1991 75% - 100% 13-3635168
James Anthony Mitarotonda Chairman, president and ceo 1 Oct 1991 75% - 100% 1332607

Based in New York

The principal office where Barington Companies Investors, LLC performs its advisory services is located at 888 Seventh Avenue, New York, NY 10019, 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 212-974-5710 or by fax 212-586-7684. The normal business hours are 9:00am - 5:30pm on Monday - Friday. You can find more information about the New York firm at barington.com.