Trimtabs Asset Management, LLC (New York)

Name: Trimtabs Asset Management, LLC
Address: 1345 Avenue Of Americas, New York, NY, 10105
Telephone: 212-217-2470

Trimtabs Asset Management, LLC is a large advisory firm based in New York. It manages $123.11 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.

Trimtabs Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Trimtabs Asset Management: assets under management

The assets under management (AUM) of Trimtabs Asset Management, LLC is $123.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4824% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.78 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Trimtabs Asset 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 Trimtabs Asset Management serves?

The only and largest group of clients of Trimtabs Asset Management is investment companies with 2 clients and $120.98 million of assets under management. Among the 5 most similar advisory firms, Trimtabs Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $120.98 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Trimtabs Asset Management doesn't advise any private funds.

Careers at Trimtabs Asset Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Nmn Biderman	Managing member	1 Jan 2010	50% - 75%	722888
Grace Billings	Corporate secretary	1 Jan 2011	Other	6468484
Even Nmn Berntsen	Member	1 May 2011	Other	5054602
Paul Jerome Isaac	Member	1 May 2011	Other	831464
Minyi Nmn Chen	Member	1 May 2011	Other	5926022
Sanford Richard Robertson	Member	1 May 2011	Other	401364
Grace Billings	Corporate secretary	1 May 2011	Other	6468484
Vincent Nmn Deluard	Member	1 May 2011	Other	5772808
Lp Silk Partners	Member	1 Apr 2012	Other	20-1274809
Amandeep Singh Ahluwalia	Chief compliance officer	1 Nov 2014	Other	5887431
Jeffrey Paul Lazar	Chief compliance officer	1 Feb 2015	Other	1413895
Bernard Frize	Chief compliance officer	1 Jun 2015	Other	2366022
Theodore Michael Theodore	Chief operating officer	1 Aug 2015	Other	444751
Llc Sausalito Partners	Member	1 Aug 2015	50% - 75%	82-0725572
Sausalito Partners	Member	1 Aug 2015	50% - 75%	82-0725572
Jeffrey Paul Lazar	Chief compliance officer and chief operating officer	1 Feb 2016	Other	1413895
Jacob Pluchenik	Member	1 Aug 2016	Other	6733947

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Seymour Pluchenik Family Ny 1987 Trust	Partner	1 Dec 1987	Other	11-6348936
Louis & Simon Glick Ny 1987 Trust	Partner	1 Dec 1987	25% - 50%	13-6915118
Louis Glick And Seymour Pluchenik New York 1987 Trust	Partner	1 Dec 1988	25% - 50%	11-6348934
Simon Glick Family New York 1987 Trust	Partner	1 Dec 1989	Other	11-6348945
Simon Glick Family Ny 1987 Trust	Partner	1 Dec 1989	Other	11-6348945
Llc Siget	General partner	1 Jun 2004	Other	13-4196740
Louis Glick And Seymour Pluchenik New Jersey 1987 Trust Ii	Limited partner	1 Jun 2004	25% - 50%	35-7094818
Louis And Simon Glick New Jersey 1987 Trust Ii	Limited partner	1 Jun 2004	25% - 50%	35-7094817
Daniel Sklarin	Trustee	1 Jun 2004	Other	6545066
Simon Glick	Managing member	1 Jun 2004	Other	6545070
Seymour Pluchenik Glick	Managing member	1 Jun 2004	Other	6545074
Simon Glick	Manager	1 May 2014	Other	6545070
Seymour Pluchenik Glick	Manager	1 May 2014	Other	6545074
Aaron Cohen	Manager	1 May 2014	Other	6733949
Glick Family New York Partnership	08/2015	1 Aug 2015	75% - 100%	13-3442747
Pax Pt Company	Trustee	1 Mar 2016	Other	45-1269853

Based in New York

The principal office where Trimtabs Asset Management, LLC performs its advisory services is located at 1345 Avenue Of Americas, New York, NY 10105, 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 212-217-2470. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at trimtabs.com.