Newbury Associates LLC is a large advisory firm based in Stamford. It manages $3.32 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.
Newbury Associates provides portfolio management for pooled investment vehicles and valuation consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Newbury Associates LLC is $3.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 92% since the beginning of its operation, and $1.09 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Newbury Associates LLC for their services and products based on a percentage of assets under management, 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.
The only and largest group of clients of David Nmn Shyu is pooled investment vehicles with 12 clients and $3.32 billion of assets under management. Among the 8 most similar advisory firms, Newbury Associates has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.32 billion for 12 clients. 65% of the firm’s clients are foreign persons or businesses.
Newbury Associates also advises several private funds. Namely, twelve other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $10,000,000.
The company employs 19 people that are either part- or full-time employees. 68 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.
David Nmn Shyu has been acting as President since 1 Jan 2009. Thomas Ignaz Mikula joined the executive team most recently as the Director.
The principal office where Newbury Associates LLC performs its advisory services is located at 100 First Stamford Place, Stamford, CT 06902, 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 203-428-3600 or by fax 203-428-3601. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at newbury-partners.com/.