Md Witter Investments, LLC (New York)

Md Witter Investments, LLC is a mid-sized advisory firm based in New York. It manages $96.46 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Md Witter Investments 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.

Md Witter Investments: assets under management

The assets under management (AUM) of Md Witter Investments, LLC is $96.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 266% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.12 million each.

Md Witter Investments has custody of $6 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Md Witter Investments, 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.

Careers at Md Witter Investments, LLC

Peter Te Tsu has been acting as President since 1 Aug 2008. Richard Allen Reed joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sherry Pryor Witter	Member and chief investment officer	1 Aug 2006	50% - 75%	3082995
Michael David Witter	Member, chief compliance officer	1 Aug 2006	50% - 75%	2899827
Peter Te Tsu	Director	1 Aug 2008	Other	4003311
Daniel C Pryor	Chief financial officer	1 Aug 2008	Other	2401730
Debasish Banerjee	Chief compliance officer	1 Aug 2008	Other	1555979
Daniel C Pryor	Chief compliance officer and cfo	1 Oct 2008	Other	2401730
Daniel Corbit Pryor	Chief compliance officer and cfo	1 Oct 2008	Other	2401730
Richard Allen Reed	Chief compliance officer	1 Oct 2009	Other	5723493

Based in New York

The principal office where Md Witter Investments, LLC performs its advisory services is located at 370 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.