Money Growth Institute Inc (New York)

Name: Money Growth Institute Inc
Address: 500 5 Th Avenue, Suite 3120, New York, NY, 10110
Telephone: 212-653-1504

Money Growth Institute Inc is a large advisory firm based in New York. It manages $89.76 million of regulatory assets for 202 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 6 other states.

Money Growth Institute provides portfolio management for individuals and small businesses, portfolio management for investment companies, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Money Growth Institute: assets under management

The assets under management (AUM) of Money Growth Institute Inc is $89.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $89.76 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $444.36 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Money Growth Institute Inc for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Money Growth Institute Inc

Stephen Lee Leeb has been acting as President since 1 Aug 1984. Steven Fishman joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Lee Leeb	President/director	1 Aug 1984	50% - 75%	2459010
Donna Alison Leeb	Vice president/sec./director	1 Aug 1984	50% - 75%	2422085
Steven Fishman	Vice president/compliance officer	1 Sep 1996	Other	2428781
Steven Fishman	Chief operations officer	1 Jan 2001	Other	2428781
Myungshin (Andrew) Kwak	Chief compliance officer	1 Jan 2001	Other	4355478

Based in New York

The principal office where Money Growth Institute Inc performs its advisory services is located at 500 5 Th Avenue, Suite 3120, New York, NY 10110, which is also the mailing address of the firm. An additional office of the firm is in Alexandria, VA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-653-1504 or by fax 212-246-3696. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at mgi-inc.com.