Pension Partners, LLC (New York)

Name: Pension Partners, LLC
Address: 453 West 17 Th Street, New York, NY, 10011
Telephone: 212-255-5000

Pension Partners, LLC is a large advisory firm based in New York. It manages $94.94 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Florida, Georgia, New Jersey, and New York.

Pension Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pension Partners: assets under management

The assets under management (AUM) of Pension Partners, LLC is $94.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $94.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.88 million each.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 32% of the firm’s portfolio. Investments in exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pension Partners, LLC for their services and products based on a percentage of assets under management and subscription 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.

What kind of clients Pension Partners serves?

The firm provides services to individuals, investment companies, charitable organizations, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Pension Partners is investment companies with 1 clients and $80.62 million of assets under management. Among the 5 most similar advisory firms, Pension Partners has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $94.94 million for 20 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.

Pension Partners doesn't advise any private funds.

Careers at Pension Partners, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Edward Michael Dempsey	Managing member & chief compliance officer	1 Jul 1999	75% - 100%	1726564
Michael Albert Gayed	Chief investment strategist	1 Sep 2012	Other	6152829
Nadia Albert Gayed	Chief compliance officer	1 May 2015	Other	4376525
Matthew Ashley Swendiman	Chief compliance officer	1 Jan 2018	Other	2849367
Christopher Lee Payne	Chief compliance officer	1 Aug 2019	Other	4913131

Based in New York

The principal office where Pension Partners, LLC performs its advisory services is located at 453 West 17 Th Street, New York, NY 10011, 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 212-255-5000 or by fax 212-656-1665. The normal business hours are 9:00 am -5:00 pm on Monday - Friday. You can find more information about the New York firm at pensionpartners.com.