Maytal Asset Management LLC (White Plains)

Name: Maytal Asset Management LLC
Address: 360 Hamilton Avenue, White Plains, NY, 10601
Telephone: (917) 363-4919

Maytal Asset Management LLC is a large advisory firm based in White Plains. It manages $106.13 million of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, New York, and Texas.

Maytal Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and retirement plan 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.

Maytal Asset Management: assets under management

The assets under management (AUM) of Maytal Asset Management LLC is $106.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 127% since the beginning of its operation, and $743 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $106.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.77 million each.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 66% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Maytal Asset Management LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Maytal Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Maytal Asset Management is high net worth individuals with 18 clients and $69.62 million of assets under management. Among the 11 most similar advisory firms, Maytal Asset Management has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.68 million for 59 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Maytal Asset Management doesn't advise any private funds.

Careers at Maytal Asset Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 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 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
Salo Aizenberg	Managing member and chief compliance officer	1 Jul 2013	75% - 100%	4871392

Based in White Plains

The principal office where Maytal Asset Management LLC performs its advisory services is located at 360 Hamilton Avenue, White Plains, NY 10601, 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 (917) 363-4919. The normal business hours are 9 am to 6 pm on Monday - Friday. You can find more information about the New York firm at downtownllc.com.