Walnut Street Securities, Inc. (New York)

Name: Walnut Street Securities, Inc.
Address: 1095 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-578-0594

Walnut Street Securities, Inc. is a large advisory firm based in New York. It manages $1.12 billion of regulatory assets for 5,104 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 44 other states.

Walnut Street Securities provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Walnut Street Securities: assets under management

The assets under management (AUM) of Walnut Street Securities, Inc. is $1.12 billion. The firm's AUM has grown by 174% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $184.11 million in discretionary accounts and $933.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.13 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $214.24 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Walnut Street Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.

Careers at Walnut Street Securities, Inc.

Bernard H Wolzenski has been acting as President since 1 Jan 1994. Andre Theodore Carrier joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bernard H Wolzenski	Director	1 Jan 1994	Other	1689931
Norman Robert Lazarus	Chief compliance officer	1 Oct 1998	Other	1987639
Craig William Markham	Director, chief marketing officer	1 Aug 2000	Other	1383638
Robert Henry Petersen	Chief financial officer	1 May 2002	Other	361234
Peter John Krussel	Senior registered options principal	1 Jun 2002	Other	2534106
William Michael Dilodovico	Chief operation officer	1 Jul 2002	Other	2184004
Inc. Metlife	Direct owner	1 Jan 2003	75% - 100%	13-4075851
Robert Joseph Costello	Chief operations officer	1 Jul 2003	Other	1349716
Robert Nicholas Martz	Senior vice president	1 Jul 2003	Other	1901431
Michael Kevin Farrell	President, chief executive officer	1 Aug 2003	Other	854508
Craig William Markham	President	1 Sep 2003	Other	1383638
Virgelan Ernesto Aquino	Chief operations officer	1 Oct 2004	Other	2976229
Michael Kevin Farrell	Director	1 Oct 2004	Other	854508
William John Toppeta	Director	1 Oct 2004	Other	2835140
Michael Kevin Farrell	Chairman of the board	1 Feb 2005	Other	854508
Nancy Louise Ricciardi	Senior registered options principal	1 Feb 2005	Other	1901005
Gwenn Louise Carr	Secretary	1 Feb 2005	Other	xxx-xx-xxxx
Paul G. Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Andre Theodore Carrier	Senior registered options principal and compliance registered options principal	1 Oct 2005	Other	2257728
Robert Begun	Co-chief operations officer	1 Dec 2005	Other	4436053
Donald Roy Kaplan	Chief compliance officer and aml officer	1 Apr 2006	Other	1727509
Jeffrey Paul Halperin	Anti-money laundering officer	1 Apr 2006	Other	2899327
Laurie Lennox	Chief compliance officer	1 Jun 2006	Other	xxx-xx-xxxx
James Dwyer	Vice president, licensing and registration	1 Aug 2006	Other	xxx-xx-xxxx
Marc Allan Cohn	Chief compliance officer, investment adviser	1 Sep 2006	Other	2464524
John Gregory Martinez	Chief financial officer	1 May 2007	Other	2210722
Eric Steigerwalt	Treasurer	1 May 2007	Other	xxx-xx-xxxx
Virgelan Ernesto Aquino	Chief compliance officer, broker dealer	1 Oct 2007	Other	2976229
Michael J Lacek	Chief legal officer	1 Mar 2008	Other	xxx-xx-xxxx
John Joseph Brett	Chairman of the board	1 Mar 2008	Other	726194
Steven Jeffrey Goulart	Treasurer	1 Aug 2009	Other	xxx-xx-xxxx
Jeffrey A Welikson	Secretary	1 Aug 2009	Other	4731011
Isaac Torres	Secretary	1 May 2010	Other	xxx-xx-xxxx
Elizabeth Mary Forget	Director	1 Jun 2012	Other	2767945
Andre Theodore Carrier	Chief operations officer	1 Apr 2013	Other	2257728
Rashid Ismail	President and chairman	1 Apr 2013	Other	5860331

Based in New York

The principal office where Walnut Street Securities, Inc. performs its advisory services is located at 1095 Avenue Of The Americas, New York, NY 10036 The mailing address of the firm is C/O Metlife Securities, Inc., New York, NY 10036. An additional office of the firm is in Cleveland, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-578-0594 or by fax 908-552-2851. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at www.walnutstreet.com.