Paine & Partners, LLC (New York)
Paine & Partners, LLC is a large advisory firm based in New York. It manages $1.52 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.
Paine & Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Paine & Partners: assets under management
The assets under management (AUM) of Paine & Partners, LLC is $1.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $1.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $108.65 million each.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Paine & Partners, LLC for their services and products based on a percentage of assets under management 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.
Careers at Paine & Partners, LLC
William Dexter Paine has been acting as President since 1 Mar 2006. Gerald Adler joined the executive team most recently as the Chief Operating Officer And General Counsel And Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 11 indirect owners.Based in New York
The principal office where Paine & Partners, LLC performs its advisory services is located at 475 Fifth Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in San Mateo, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-379-7200 or by fax 212-379-7235. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at painepartners.com.
