Bexil Advisers LLC (New York)

Name: Bexil Advisers LLC
Address: 11 Hanover Square, 12 Th Floor, New York, NY, 10005
Telephone: 212-785-0900

Bexil Advisers LLC is a large advisory firm based in New York. It manages $185.98 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010.

Bexil Advisers provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bexil Advisers: assets under management

The assets under management (AUM) of Bexil Advisers LLC is $185.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $185.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $185.98 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bexil Advisers LLC 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 Bassett Starr Winmill serves?

The only and largest group of clients of Bassett Starr Winmill is investment companies with 1 clients and $185.98 million of assets under management. Among the 11 most similar advisory firms, Bexil Advisers has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $185.98 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Bexil Advisers doesn't advise any private funds.

Careers at Bexil Advisers LLC

The company employs 9 people that are either part- or full-time employees. 33 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.

Bassett Starr Winmill has been acting as President since 1 Jun 2010. Donald Klimoski joined the executive team most recently as the Assistant Secretary, Assistant General Counsel, And Assistant Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bexil Corporation	Sole member	1 Jun 2004	75% - 100%	13-3907058
John Felipe Ramirez	Chief compliance officer, associate general counsel, secretary	1 Jun 2004	Other	4268570
Thomas Omalley	Chief financial officer, chief accounting officer, treasurer, manager	1 Jun 2004	Other	1144851
Thomas Bassett Winmill	Chief executive officer, president, general counsel, manager	1 Jun 2004	Other	1849082
Thomas Nmn Omalley	Chief financial officer, chief accounting officer, treasurer, manager	1 Jun 2004	Other	1144851
Bexil Corporation	Sole member	1 Jun 2010	75% - 100%	13-3907058
John Felipe Ramirez	Senior associate general counsel, vice president and secretary	1 Jun 2010	Other	4268570
Thomas Nmn Omalley	Chief financial officer, chief accounting officer, treasurer, and manager	1 Jun 2010	Other	1144851
Thomas Bassett Winmill	Chief executive officer, president, and manager	1 Jun 2010	25% - 50%	1849082
Thomas Francis Omalley	Chief financial officer, chief accounting officer, treasurer, and manager	1 Jun 2010	Other	1144851
Bassett Starr Winmill	Chairman	1 Jun 2010	Other	470014
Mark Campbell Winmill	Executive vice president and chief investment strategist	1 Jun 2012	Other	1181703
Jacob Bukhsbaum	Chief compliance officer, vice president	1 Jan 2013	Other	5093370
Eric Paul Hwang	Chief compliance officer, associate general counsel, and vice president	1 May 2014	Other	4970741
Russell Kamerman	Chief compliance officer, associate general counsel, vice president and assistant secretary	1 Dec 2014	Other	6432984
Russell Louis Kamerman	Chief compliance officer, associate general counsel, vice president and assistant secretary	1 Dec 2014	Other	6432984
Donald Klimoski	Assistant secretary, assistant general counsel, and assistant compliance officer	1 Sep 2017	Other	6854924
William Mccollum Winmill	Vice president	1 Sep 2017	Other	6436293

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bassett Starr Winmill	Owner of 100% of voting stock	1 May 1974	75% - 100%	470014
Winmill & Co. Incorporated	Parent company	1 Dec 1985	75% - 100%	13-1897916
Inc. Investor Service Center	Shareholder	1 Sep 2003	25% - 50%	14009
Inc. Midas Securities Group	Shareholder	1 Sep 2003	25% - 50%	14009
Thomas Bassett Winmill	Direct owner of more than 5% of the voting stock. he also has indirect authority to vote more than 20% of the voting stock.	1 May 2012	25% - 50%	1849082

Based in New York

The principal office where Bexil Advisers LLC performs its advisory services is located at 11 Hanover Square, 12 Th Floor, 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 212-785-0900 or by fax 917-746-4802. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at bexil.com.