Aquila Investment Management LLC (New York)

Name: Aquila Investment Management LLC
Address: 120 West 45 Th Street, New York, NY, 10036 4041
Telephone: 212-697-6666

Aquila Investment Management LLC is a large advisory firm based in New York. It manages $3.1 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2004.

Aquila Investment Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Aquila Investment Management: assets under management

The assets under management (AUM) of Aquila Investment Management LLC is $3.1 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $281.62 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Aquila Investment Management 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 Lacy Bunnell Herrmann serves?

The only and largest group of clients of Lacy Bunnell Herrmann is investment companies with 11 clients and $3.1 billion of assets under management. Among the 7 most similar advisory firms, Aquila Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.1 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Aquila Investment Management doesn't advise any private funds.

Careers at Aquila Investment Management LLC

The company employs 34 people that are either part- or full-time employees. 9 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.

Lacy Bunnell Herrmann has been acting as President since 1 May 1984. Anita Rebecca Albano joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lacy Bunnell Herrmann	Chairman	1 May 1984	25% - 50%	1024390
Elizabeth Beadle Herrmann	Director and shareholder	1 May 1984	50% - 75%	3200646
Diana Parsons Herrmann	President and shareholder	1 Jun 1984	Other	2913698
Rose Felicia Marotta	Shareholder	1 Dec 1999	Other	1529995
Sandra Jean Antonucci	Shareholder	1 Feb 2000	Other	4338683
Elizabeth Beadle Herrmann	Manager	1 Jan 2004	Other	3200646
Aquila Management Corporation	Shareholder	1 Jan 2004	75% - 100%	13-3219145
Conrad Beadle Herrmann	Shareholder	1 Jan 2004	Other	1370319
Robert William Anderson	Chief compliance officer	1 Jun 2004	Other	5520
Anita Vazquez	Treasurer	1 Jul 2005	Other	5011749
Diana Parsons Herrmann	Manager, president and ceo	1 Dec 2005	Other	2913698
Lacy Bunnell Herrmann	Chairman and shareholder	1 Dec 2005	Other	1024390
Christine Herrmann 2005 Trust	Shareholder	1 Dec 2005	Other	13-7464839
Conrad Alexander Herrmann 2005 Trust	Shareholder	1 Dec 2005	Other	13-7464840
Robert Steven Driessen	Chief compliance officer	1 Jan 2010	Other	2613085
Randall Scott Fillmore	Chief compliance officer	1 Apr 2012	Other	4188259
Lacy Bunnell Estate Of Herrmann	Shareholder	1 Dec 2012	Other	1024390
Conrad Beadle Herrmann	Manager	1 Aug 2016	Other	1370319
Anita Rebecca Albano	Chief financial officer	1 Dec 2018	Other	5011749

Based in New York

The principal office where Aquila Investment Management LLC performs its advisory services is located at 120 West 45 Th Street, New York, NY 10036 4041, which is also the mailing address of the firm. An additional office of the firm is in Bountiful, UT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-697-6666 or by fax 212-687-5373. 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 aquilafunds.com.