Fischer & Co., LP is a large advisory firm based in New York. It manages $500.3 million of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of New York.
Fischer & Co. provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Fischer & Co., LP is $500.3 million. The firm's AUM has grown by 533% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Fischer & Co., LP for their services and products based on a percentage of assets under management and fixed fees. 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Fischer & Co. is high net worth individuals with 23 clients and $405.56 million of assets under management. Among the 5 most similar advisory firms, Fischer & Co. has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $412.97 million for 26 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.
Fischer & Co. also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.
The company employs 8 people that are either part- or full-time employees. 88 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.
The principal office where Fischer & Co., LP performs its advisory services is located at 767 3 Rd 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 212-759-4400 or by fax 212-759-5756. The normal business hours are 9:00am-6:00pm on Monday - Friday. You can find more information about the New York firm at fischerandco.com.