T.A. Mckay & Co, Inc. (New York)

Name: T.A. Mckay & Co, Inc.
Address: 45 Rockefeller Plaza, Suite 2000, New York, NY, 10111
Telephone: 212-315-1875

T.A. Mckay & Co, Inc. is a mid-sized advisory firm based in New York. It manages $89 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

T.A. Mckay & 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.

T.A. Mckay &: assets under management

The assets under management (AUM) of T.A. Mckay & Co, Inc. is $89 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -60% since the beginning of its operation, and $82 million of the total AUM is attributable to clients outside of the United States.

The firm manages $89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.5 million each.

T.A. Mckay & has custody of $89 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay T.A. Mckay & Co, Inc. for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients T.A. Mckay & serves?

The only and largest group of clients of T.A. Mckay & is pooled investment vehicles with 2 clients and $89 million of assets under management. Among the 3 most similar advisory firms, T.A. Mckay & has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $89 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

T.A. Mckay & also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at T.A. Mckay & Co, Inc.

The company employs 4 people that are either part- or full-time employees. 50 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.

T.A. Mckay & Co, Inc. is owned by Thomas Agnew Mckay. Livingston Evan Jeffrey joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Agnew Mckay	Owner	1 Jul 1990	75% - 100%	1594958
Livingston Evan Jeffrey	Cco	1 Jul 2011	Other	6019948
Roger Jay Cohen	Cfo	1 Jul 2011	Other	1331477

Based in New York

The principal office where T.A. Mckay & Co, Inc. performs its advisory services is located at 45 Rockefeller Plaza, Suite 2000, New York, NY 10111, 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 212-315-1875. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tamckay.com/.