Liberty Street Advisors, Inc. (New York)


Liberty Street Advisors, Inc. is a large advisory firm based in New York. It manages $840.99 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

Liberty Street Advisors provides portfolio management for investment companies and 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.

Liberty Street Advisors: assets under management

The assets under management (AUM) of Liberty Street Advisors, Inc. is $840.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 166994% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $840.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.2 million each.
Liberty Street Advisors has custody of $1.07 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Liberty Street Advisors, Inc. for their services and products based on a percentage of assets under management. 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 Liberty Street Advisors serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Liberty Street Advisors is investment companies with 4 clients and $839.93 million of assets under management. Among the 11 most similar advisory firms, Liberty Street Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $840.99 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Liberty Street Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $300,000 for each fund.

Careers at Liberty Street Advisors, Inc.

The company employs 11 people that are either part- or full-time employees. 82 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.

Liberty Street Advisors, Inc. is owned by Murray Stahl. Andrew Peter Nowack joined the executive team most recently as the Chief Compliance Officer, General Counsel.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Timothy William Reick Owner, chief executive officer 1 Nov 2006 25% - 50% 4384534
Raymond Alexander Hill Owner, chairman 1 Nov 2006 25% - 50% 1950094
Murray Stahl Owner 1 Nov 2006 Other 2578129
Steven Bregman Owner 1 Nov 2006 Other 2568218
James T Celico Owner, chief financial officer and treasurer 1 Nov 2006 25% - 50% 2356996
Victor Joseph Fontana Owner, president, chief operating officer 1 Apr 2007 25% - 50% 1240936
Scott David Daniels Owner, chief financial officer, treasurer 1 Dec 2007 Other 1912249
Andrew Peter Nowack Chief compliance officer, general counsel 1 Jan 2008 Other 2488500

Based in New York

The principal office where Liberty Street Advisors, Inc. performs its advisory services is located at 100 Wall Street, New York, NY 10005, 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 212-240-9721 or by fax 212-214-0511. The normal business hours are 8:30 am to 5:00 pm est on Monday - Friday. You can find more information about the New York firm at libertystreetfunds.com.