Dwight Securities Management LLC (New York)

Name: Dwight Securities Management LLC
Address: 787 Eleventh Avenue, New York, NY, 10019
Telephone: 347-846-0777

Dwight Securities Management LLC is a large advisory firm based in New York. It manages $345.04 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Dwight Securities Management provides 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.

Dwight Securities Management: assets under management

The assets under management (AUM) of Dwight Securities Management LLC is $345.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5208% since the beginning of its operation, and $260.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $345.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.01 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dwight Securities Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dwight Securities Management serves?

The only and largest group of clients of Dwight Securities Management is pooled investment vehicles with 5 clients and $345.04 million of assets under management. Among the 8 most similar advisory firms, Dwight Securities Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $345.04 million for 5 clients. 60% of the firm’s clients are foreign persons or businesses.

Dwight Securities Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Dwight Securities Management LLC

The company employs 9 people that are either part- or full-time employees. 67 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
Adam Sasouness	Managing member and owner	1 Jan 2015	25% - 50%	6451565
Zachary Lee Halpern	Managing member and owner	1 Jan 2015	25% - 50%	6075764
Joshua Sasouness	Managing member and owner	1 Jan 2015	25% - 50%	6451566
Andrew Steven Chaimowitz	Chief compliance officer	1 Feb 2015	Other	5784060
Andrew Chaimowitz	Chief compliance officer	1 Feb 2015	Other	5784060
The Adam Sasouness Dwight Securities Grantor Retained Annuity Trust	Trust	1 Nov 2015	Other	81-6173772
The Joshua Sasouness Dwight Securities Grantor Retained Annuity Trust	Trust	1 Feb 2016	Other	81-6299245
Katherine Marie Petrozzi	Chief financial officer & compliance associate	1 Mar 2016	Other	6622956
Andrew Steven Chaimowitz	Chief financial officer & compliance associate	1 Jul 2016	Other	5784060
William Joseph Greco	Chief operating officer	1 Nov 2016	Other	4104086

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Baroukh Sasouness	Trustee	1 Nov 2015	Other	6760700
Baroukh Sasouness	Trustee	1 Feb 2016	Other	6760700

Based in New York

The principal office where Dwight Securities Management LLC performs its advisory services is located at 787 Eleventh Avenue, New York, NY 10019, 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 347-846-0777. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at dwightcapital.com and its LinkedIn profile.