Transatlantique Private Wealth LLC (New York)

Transatlantique Private Wealth LLC is a large advisory firm based in New York. It manages $123.11 million of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Florida, Illinois, and 6 other states.

Transatlantique Private Wealth provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Transatlantique Private Wealth: assets under management

The assets under management (AUM) of Transatlantique Private Wealth LLC is $123.11 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $12.66 million in discretionary accounts and $110.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.51 million.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Transatlantique Private Wealth 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 Transatlantique Private Wealth serves?

The only and largest group of clients of Transatlantique Private Wealth is high net worth individuals with 79 clients and $121.93 million of assets under management. Among the 6 most similar advisory firms, Transatlantique Private Wealth has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $121.93 million for 79 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Transatlantique Private Wealth doesn't advise any private funds.

Careers at Transatlantique Private Wealth LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pascal Denis Le Coz	Managing director, chief compliance officer	1 Dec 2013	Other	6277509
Banque Transatlantique S.A.	Sole member	1 Dec 2013	75% - 100%	foreign

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Caisse Federale De Credit Mutuel	Majority shareholder	1 Jan 1919	75% - 100%	foreign
Cic (Credit Industriel Et Commercial)	Sole shareholder	1 Jun 1941	75% - 100%	foreign
Banque Federative Du Credit Mutuel	Majority shareholder	1 Dec 1998	75% - 100%	foreign

Based in New York

The principal office where Transatlantique Private Wealth LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212 644 4219 or by fax 212 644 7504. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.