Levin Easterly Partners LLC (New York)

Name: Levin Easterly Partners LLC
Address: 595 Madison Avenue, New York, NY, 10022 1907
Telephone: 212-259-0800

Levin Easterly Partners LLC is a large advisory firm based in New York. It manages $6.15 billion of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, California, Colorado, and 27 other states.

Levin Easterly Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Levin Easterly Partners: assets under management

The assets under management (AUM) of Levin Easterly Partners LLC is $6.15 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $80.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.28 billion in discretionary accounts and $871.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $89.45 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $108.95 million.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Levin Easterly Partners LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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 Darrell William Crate serves?

The firm provides services to investment companies, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Darrell William Crate is investment companies with 3 clients and $2.23 billion of assets under management. Among the 10 most similar advisory firms, Levin Easterly Partners has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.7 billion for 56 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.

Levin Easterly Partners also advises several private funds.

Careers at Levin Easterly Partners LLC

The company employs 21 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Darrell William Crate has been acting as President since 1 Nov 2018. John William Murphy has served as the Chief Investment Officer since 1 Mar 2019 and Glenn Adam Aigen is the Chief Executive Officer of Levin Easterly Partners LLC family office. Grace Kay Bosserman joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Le Partners Holdings Llc	Member	1 Nov 2018	75% - 100%	83-2587475
Darrell William Crate	Chairman	1 Nov 2018	Other	2664231
Raymond Francis Ottusch	Chief compliance officer	1 Mar 2019	Other	2438748
Richard Scott Root	Chief financial officer	1 Mar 2019	Other	2548337
Glenn Adam Aigen	Chief executive officer	1 Mar 2019	Other	2436769
John William Murphy	Chief investment officer	1 Mar 2019	Other	2161919
Grace Kay Bosserman	Chief operating officer	1 Apr 2019	Other	1632724

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Darrell William Crate	Member	1 Mar 2019	25% - 50%	2664231
Avshalom Yitzhak Kalichstein	Member	1 Mar 2019	25% - 50%	2782966
Le Partners Holdings Ii Llc	Member	1 Mar 2019	50% - 75%	00-0000000
Le Partners Holdings Iii Llc	Member	1 Mar 2019	75% - 100%	00-0000000
Le Partners Holdings Iv Llc	Member	1 Mar 2019	75% - 100%	00-0000000

Based in New York

The principal office where Levin Easterly Partners LLC performs its advisory services is located at 595 Madison Avenue, New York, NY 10022 1907, 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 212-259-0800 or by fax 212-259-0859. The normal business hours are 9:00am - 5:30pm on Monday - Friday. You can find more information about the New York firm at levineasterly.com.