Mcc Advisors LLC (New York)

Name: Mcc Advisors LLC
Address: 280 Park Avenue, New York, NY, 10017
Telephone: 212-759-0777

Mcc Advisors LLC is a large advisory firm based in New York. It manages $714.47 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of California.

Mcc Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcc Advisors: assets under management

The assets under management (AUM) of Mcc Advisors LLC is $714.47 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $714.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $714.47 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mcc Advisors LLC for their services and products based on a percentage of assets under management 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 Mcc Advisors serves?

The only and largest group of clients of Mcc Advisors is business development companies with 1 clients and $714.47 million of assets under management. Among the 10 most similar advisory firms, Mcc Advisors has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $714.47 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Mcc Advisors doesn't advise any private funds.

Careers at Mcc Advisors LLC

The company employs 67 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. No 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Medley Llc	Member of medley capital llc (relying adviser)	1 Feb 2006	75% - 100%	20-4276388
Andrew Dodd Fentress	Manager of medley capital llc (relying adviser)	1 Feb 2006	Other	2759511
Brook Bulger Taube	Manager of medley capital llc (relying adviser)	1 Feb 2006	Other	2564596
Seth Bulger Taube	Manager of medley capital llc (relying adviser)	1 Feb 2006	Other	2378907
Medley Llc	Member	1 Apr 2010	75% - 100%	27-2437343
Medley Capital Holdings Llc	Member	1 Apr 2010	75% - 100%	27-2437343
Brian John Cavanaugh	Chief compliance officer & chief financial officer	1 Apr 2010	Other	1551573
Brook Bulger Taube	Manager	1 May 2010	Other	2564596
Seth Bulger Taube	Manager	1 May 2010	Other	2378907
Andrew Dodd Fentress	Manager	1 May 2010	Other	2759511
Richard Thomas Allorto	Chief financial officer	1 Jul 2010	Other	5820810
Medley Llc	Member of mof ii management llc (relying adviser)	1 Nov 2010	75% - 100%	27-3770392
Andrew Dodd Fentress	Manager of mof ii management llc (relying adviser)	1 Nov 2010	Other	2759511
Brook Bulger Taube	Manager of mof ii management llc (relying adviser)	1 Nov 2010	Other	2564596
Seth Bulger Taube	Manager of mof ii management llc (relying adviser)	1 Nov 2010	Other	2378907
John Donnan Fredericks	General counsel and chief compliance officer	1 Mar 2014	Other	6312238
Jeffrey Bennett Tonkel	Manager	1 Mar 2014	Other	3177884

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brook Bulger Taube	Member	1 Oct 2001	50% - 75%	2564596
Seth Bulger Taube	Member	1 Oct 2001	50% - 75%	2378907
Andrew Dodd Fentress	Member	1 Jan 2006	75% - 100%	2759511
Bernard Leon Schwartz	Member	1 Feb 2008	75% - 100%	5795788
T3 Group Llc	Member	1 Apr 2010	50% - 75%	91-2159439
Windsor Advisors Llc	Member	1 Apr 2010	25% - 50%	20-4231224
Smh Partners Llc	Member	1 Apr 2010	25% - 50%	26-2273530
Brook Taube Trust	Member	1 Jul 2011	25% - 50%	xxx-xx-xxxx
Seth And Angie Taube Trust	Member	1 Jul 2011	25% - 50%	xxx-xx-xxxx
Brook Bulger Taube	Trustee	1 Sep 2014	Other	2564596
Seth Bulger Taube	Trustee	1 Sep 2014	Other	2378907
Medley Management Inc.	Managing member	1 Sep 2014	Other	47-1130638

Based in New York

The principal office where Mcc Advisors LLC performs its advisory services is located at 280 Park Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-759-0777 or by fax 212-759-0091. The normal business hours are 9:00 am - 5:00 pm et on Monday - Friday. You can find more information about the New York firm at mdly.com.