Garnett Station Partners (New York)

Name: Garnett Station Partners
Address: 853 Broadway, New York, NY, 10003
Telephone: 914-806-5935

Garnett Station Partners is a large advisory firm based in New York. It manages $269.77 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of New York.

Garnett Station Partners 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.

Garnett Station Partners: assets under management

The assets under management (AUM) of Garnett Station Partners is $269.77 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $269.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.95 million each.

Garnett Station Partners has custody of $269.77 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Garnett Station Partners for their services and products based on 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 Garnett Station Partners serves?

The only and largest group of clients of Garnett Station Partners is pooled investment vehicles with 5 clients and $269.77 million of assets under management. Among the 7 most similar advisory firms, Garnett Station Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $269.77 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Garnett Station Partners also advises several private funds. Namely, five private equity funds.

Careers at Garnett Station Partners

The company employs 8 people that are either part- or full-time employees. 88 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
Alexander Sloane	Managing partner	1 Apr 2016	50% - 75%	4672657
Matthew Terker Perelman	Managing partner	1 Apr 2016	50% - 75%	5354894
Howard E Norowitz	Chief admin officer/ chief compliance officer	1 Apr 2016	Other	2389727

Based in New York

The principal office where Garnett Station Partners performs its advisory services is located at 853 Broadway, New York, NY 10003 The mailing address of the firm is 853 Broadway, New York, NY 10003. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-806-5935. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at garnettstation.com/.