Cortland Associates Inc is a large advisory firm based in St. Louis. It manages $652 million of regulatory assets for 803 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 9 other states.
Cortland Associates 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.
The assets under management (AUM) of Cortland Associates Inc is $652 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 206% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Cortland 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of William Carey is high net worth individuals with 152 clients and $472 million of assets under management. Among the 8 most similar advisory firms, Cortland Associates has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $652 million for 402 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.
Cortland Associates doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 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.
William Carey has been acting as President since 1 Feb 1989. Robert K Crutsinger joined the executive team most recently as the Executive Vp.
The principal office where Cortland Associates Inc performs its advisory services is located at 8000 Maryland Avenue, Suite 730, St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 314-726-6164 or by fax 314-726-5936. The normal business hours are 8:00 - 4:30 on Monday - Friday. You can find more information about the New York firm at cortlandassociates.com.