Strategas Asset Management, LLC (New York)

Strategas Asset Management, LLC is a large advisory firm based in New York. It manages $135.03 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of District of Columbia, New York, Pennsylvania, and Texas.

Strategas Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and delivery of model portfolios. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Strategas Asset Management: assets under management

The assets under management (AUM) of Strategas Asset Management, LLC is $135.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1489% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $135.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.09 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Strategas Asset Management, LLC 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 Nicholas Gregory Bohnsack serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Nicholas Gregory Bohnsack is investment companies with 1 clients and $126.53 million of assets under management. Among the 7 most similar advisory firms, Strategas Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $131.74 million for 26 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.

Strategas Asset Management doesn't advise any private funds.

Careers at Strategas Asset Management, LLC

The company employs 15 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Nicholas Gregory Bohnsack has been acting as President since 1 Jan 2015. Jason Richard Trennert has served as the Chief Investment Officer since 1 Jan 2018. Charles Michael Weber joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nicholas Gregory Bohnsack	President/coo	1 Sep 2014	Other	4571796
Eileen Margaret Gabay	Chief compliance officer	1 Sep 2014	Other	5602349
Mark David Godofsky	Chief financial officer	1 Sep 2014	Other	2882741
Jason Richard Trennert	Chairman/ceo	1 Sep 2014	Other	2079457
Frederick Arthur Edwards	General counsel	1 Sep 2014	Other	1680299
Eileen Margaret Gabay	Chief compliance officer	1 Jan 2015	Other	5602349
Mark David Godofsky	Chief financial officer	1 Jan 2015	Other	2882741
Nicholas Gregory Bohnsack	President/coo	1 Jan 2015	Other	4571796
Jason Richard Trennert	Chairman/ceo	1 Jan 2015	25% - 50%	2079457
Frederick Arthur Edwards	General counsel	1 Jan 2015	Other	1680299
Llc Wychmere Partners	Limited liability company	1 Jan 2015	Other	46-2081085
Llc Strategas Research Partners	Limited liability company	1 Jan 2015	50% - 75%	20-5397321
Donald James Rissmiller	Partner	1 Apr 2015	Other	5227351
Nicholas Gregory Bohnsack	Chief executive officer /director	1 Jan 2018	Other	4571796
Jason Richard Trennert	Chief investment officer/director	1 Jan 2018	Other	2079457
Daniel Michael Clifton	Portfolio manager	1 Jan 2018	Other	5669502
Baird Financial Corporation	Shareholder	1 Jan 2018	75% - 100%	30-1289533
Paul Edward Purcell	Director	1 Jan 2018	Other	844873
Steven Gregory Booth	Director	1 Jan 2018	Other	2147388
Jon A Langenfeld	Director	1 Jan 2018	Other	4322120
Charles Michael Weber	Chief compliance officer	1 Apr 2018	Other	5001057

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Baird Holding Company	Shareholder	1 Jan 2018	75% - 100%	39-2027336
Inc. Baird Financial Group	Shareholder	1 Jan 2018	75% - 100%	80-0844225

Based in New York

The principal office where Strategas Asset Management, LLC performs its advisory services is located at 52 Vanderbilt Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-906-0130 or by fax 212-906-0131. The normal business hours are 7:30 am to 5:00pm on Monday - Friday.