Fahnestock & Co. Inc. (New York)

Name: Fahnestock & Co. Inc.
Address: 125 Broad Street, New York, NY, 10004
Telephone: 212-668-8000

Fahnestock & Co. Inc. is a large advisory firm based in New York. It manages $869.05 million of regulatory assets for 1,060 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Fahnestock & provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fahnestock &: assets under management

The assets under management (AUM) of Fahnestock & Co. Inc. is $869.05 million. The firm's AUM has gone down by -22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $804.23 million in discretionary accounts and $64.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $774.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.95 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fahnestock & Co. Inc. for their services and products based on a percentage of assets under management, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Fahnestock & Co. Inc.

Elaine Kells Roberts has been acting as President since 1 Oct 1983. Allen Bernard Holeman joined the executive team most recently as the S.V.P/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Fahnestock Viner/Holdings Inc.	Parent co.	1 Oct 1983	75% - 100%	98-0080034
Elka Estates Ltd.	Holding co.	1 Oct 1983	25% - 50%
Olga Roberts	Controls 100% of elka estates	1 Oct 1983	75% - 100%	1871762
Elaine Kells Roberts	Director/treasurer	1 Oct 1983	Other	1367879
Angus Winn Oughtred	Director	1 Oct 1983	Other	1367779
Phase Ii Financial Ltd.	Holding co.	1 Oct 1985	50% - 75%	13-3278493
Albert Grinsfelder Lowenthal	Chmn/dir/ceo/srop - owns 100% of phase ii fin'l	1 Oct 1985	75% - 100%	313519
Robert Michael Neuhoff	Executive vice president/director	1 Feb 1988	Other	1021582
Paul Chropuvka	S.v.p./director of compliance	1 May 1991	Other	1997101
Richard Wohlman	Cfo	1 May 1991	Other	1930556
Robert D Maimone	Director of operations	1 May 1991	Other	2190844
Eric Jeffrey Shames	Secretary/clo	1 Jan 1995	Other	1274758
Michael A Tannucilli	Crop	1 Apr 1995	Other	1457202
Robert Sablowsky	Executive vice president	1 Dec 1998	Other	408620
Bruce Mcfarland Rockwell	Vice chmn of first of michigan division	1 Dec 1998	Other	402115
George Frederick Stroebel	Executive vice president/chief operating officer	1 Jan 2001	Other	3034954
William Patrick Cahill	S.v.p operations analysis	1 May 2001	Other	1506165
Dennis Patrick Mcnamara	S.v.p./senior corporate counsel	1 Jan 2002	Other	2938486
Michael Schwartz	Srop	1 Jun 2003	Other	416378
Allen Bernard Holeman	S.v.p/chief compliance officer	1 Jul 2003	Other	1060910

Based in New York

The principal office where Fahnestock & Co. Inc. performs its advisory services is located at 125 Broad Street, New York, NY 10004, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-668-8000 or by fax 212-344-9899. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.fahnestock.com.