Eulav Asset Management (New York)

Name: Eulav Asset Management
Address: 7 Times Square, New York, NY, 10036
Telephone: 212-907-1900

Eulav Asset Management is an investment adviser to an investment company based in New York. It manages $3.44 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011.

Eulav Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Eulav Asset Management: assets under management

The assets under management (AUM) of Eulav Asset Management is $3.44 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.44 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.09 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Eulav Asset Management 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 Eulav Asset Management serves?

The only and largest group of clients of Eulav Asset Management is investment companies with 11 clients and $3.44 billion of assets under management. Among the 10 most similar advisory firms, Eulav Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.44 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Eulav Asset Management doesn't advise any private funds.

Careers at Eulav Asset Management

The company employs 15 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell Eric Appel	Ceo/treasurer/trustee/class a voting shareholder	1 Dec 2010	75% - 100%	4878161
Avi Aronovitz	Trustee / class b voting shareholder	1 Dec 2010	25% - 50%	5881320
Mark Stephen Marrone	Chief compliance officer	1 Dec 2010	Other	1987907
Ronald Alastair Short	Trustee / class b voting shareholder	1 Dec 2010	25% - 50%	1279930
Inc. Value Line	Non-voting interest shareholder	1 Dec 2010	75% - 100%	13-3139843
Avi Tzvi Aronovitz	Trustee / class b voting shareholder	1 Dec 2010	25% - 50%	5881320
Richard Walter Berenger	Trustee	1 Dec 2010	Other	1041622
Alastair Short	Trustee	1 Dec 2010	Other	5866191
Robert Scagnelli	Vice president	1 Jan 2011	Other	1565552
Robert Angelo Scagnelli	Vice president	1 Jan 2011	Other	1565552
Robert Eric Rice	Trustee / class b voting shareholder	1 Apr 2011	25% - 50%	5533944
John Prescott Ellis	Trustee / class b voting shareholder	1 Nov 2015	25% - 50%	6595173
Michael Joseph Wagner	Chief compliance officer	1 Jul 2016	Other	5102486
Kimberly Susan Berliner	Chief compliance officer	1 Jan 2017	Other	4119945
Michael Joseph Wagner	Chief compliance officer	1 Jun 2018	Other	5102486
Anthony Frazia	Chief compliance officer	1 Jan 2019	Other	1829919

Based in New York

The principal office where Eulav Asset Management performs its advisory services is located at 7 Times Square, New York, NY 10036, 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 212-907-1900 or by fax 212-907-1963. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at eulavam.com.