Levy, Harkins & Co., Inc. (New York)

Name: Levy, Harkins & Co., Inc.
Address: 366 Madison Avenue, New York, NY, 10017
Telephone: 212-888-3030

Levy, Harkins & Co., Inc. is a large advisory firm based in New York. It manages $267.2 million of regulatory assets for 107 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, California, Connecticut, and 6 other states.

Levy, Harkins & Co. provides portfolio management for individuals and small businesses 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.

Levy, Harkins & Co.: assets under management

The assets under management (AUM) of Levy, Harkins & Co., Inc. is $267.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $267.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.5 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Levy, Harkins & Co., Inc. for their services and products based on a percentage of assets under management, commissions, 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 Levy, Harkins & Co. serves?

The only and largest group of clients of Levy, Harkins & Co. is individuals with 107 clients and $267.2 million of assets under management. Among the 12 most similar advisory firms, Levy, Harkins & Co. has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $267.2 million for 107 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Levy, Harkins & Co. doesn't advise any private funds.

Careers at Levy, Harkins & Co., Inc.

The company employs 6 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people 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
Edwin Arnold Levy	Principal chairman, secretary, finop,srop,crop	1 Aug 1979	25% - 50%	308242
Michael James Harkins	Principal president, treasurer, chief compliance officer	1 Aug 1979	25% - 50%	704308
Jae Eun Paik	Portfolio assistant	1 Jan 2006	Other	2857391
James Beymer Lebenthal	Chief financial assistant	1 Jan 2006	Other	1853491
Richard Mark Feldman	Finop	1 Jun 2016	Other	2273453

Based in New York

The principal office where Levy, Harkins & Co., Inc. performs its advisory services is located at 366 Madison Avenue, New York, NY 10017, 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 212-888-3030 or by fax 212-888-7146. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at levyharkins.com.