Priority Capital Management LLC (New York)

Name: Priority Capital Management LLC
Address: 245 Park Ave, New York, NY, 10167
Telephone: 212-372-8927

Priority Capital Management LLC is a mid-sized advisory firm based in New York. It manages $30 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012.

Priority Capital Management provides portfolio management for individuals and small businesses and portfolio management for 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.

Priority Capital Management: assets under management

The assets under management (AUM) of Priority Capital Management LLC is $30 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.67 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Priority Capital 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.

Careers at Priority Capital Management LLC

Elisabeth E Ely joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Samuel Ely	Managing member/chief executive officer/chief compliance officer	1 Jan 2009	75% - 100%	2362790
Thomas Martin Bergen	Managing director	1 Sep 2009	Other	4244134
Elisabeth E Ely	Member	1 Apr 2014	Other	6468568

Based in New York

The principal office where Priority Capital Management LLC performs its advisory services is located at 245 Park Ave, New York, NY 10167, 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 212-372-8927 or by fax 212-372-8912. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at pricap.com.