Endicott Management Company (New York)

Endicott Management Company is a large advisory firm based in New York. It manages $345.65 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Endicott Management Company 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.

Endicott Management Company: assets under management

The assets under management (AUM) of Endicott Management Company is $345.65 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $345.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.41 million each.

Endicott Management Company has custody of $301.03 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Endicott Management Company for their services and products based on a percentage of assets under management, fixed fees, 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 Endicott Management Company serves?

The only and largest group of clients of Endicott Management Company is pooled investment vehicles with 4 clients and $345.65 million of assets under management. Among the 13 most similar advisory firms, Endicott Management Company has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $345.65 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Endicott Management Company also advises several private funds. Namely, three hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $200,000,000.

Careers at Endicott Management Company

The company employs 5 people that are either part- or full-time employees. 100 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
Wayne Kenneth Goldstein	Co-president	1 Feb 1996	50% - 75%	1253858
Robert Ian Usdan	Co-president	1 Feb 1996	25% - 50%	2361269
Bradley Earl Maneely	Chief financial officer/chief compliance officer	1 Nov 2009	Other	6019496

Based in New York

The principal office where Endicott Management Company performs its advisory services is located at 570 Lexington Avenue, New York, NY 10022, 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 212-450-8070 or by fax 212-355-5530. The normal business hours are 9:00am - 5:00pm est on Monday - Friday.