Saxon Woods Advisors LLC (Purchase)

Name: Saxon Woods Advisors LLC
Address: 2500 Westchester Avenue, Purchase, NY, 10577
Telephone: 914-251-0880

Saxon Woods Advisors LLC is a large advisory firm based in Purchase. It manages $746.59 million of regulatory assets for 184 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Massachusetts, New York, and Texas.

Saxon Woods Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Saxon Woods Advisors: assets under management

The assets under management (AUM) of Saxon Woods Advisors LLC is $746.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $746.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.06 million each.

Investments

The firm invests in investment and business development companies the most. They account for 39% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 26% of the firm’s portfolio. Investments in exchange traded securities form 26% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Saxon Woods Advisors 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 Stephen Andrew Lieber serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Stephen Andrew Lieber is high net worth individuals with 44 clients and $517.48 million of assets under management. Among the 10 most similar advisory firms, Saxon Woods Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $740.25 million for 182 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.

Saxon Woods Advisors doesn't advise any private funds.

Careers at Saxon Woods Advisors LLC

The company employs 27 people that are either part- or full-time employees. 33 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.

Stephen Andrew Lieber has been acting as President since 1 Oct 1999. Arleen Marie Baez joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Andrew Lieber	Chairman	1 Oct 1999	Other	309300
Sheldon R Flamm	Chief operating officer	1 Oct 1999	Other	1059586
Helen Siembab	Portfolio administrator	1 Oct 1999	Other	722764
Lorraine Marie Klepacki	Director of trading	1 Oct 1999	Other	1886085
L.P. Alpine Woods	Owner	1 Oct 2002	75% - 100%	36-4513135
Samuel Alfred Lieber	President	1 Oct 2002	Other	2421176
Sheldon Roy Flamm	Chief financial officer	1 Oct 2002	Other	1059586
Sheldon Roy Flamm	Chief compliance officer	1 Jan 2003	Other	1059586
Arleen Marie Arroyo	Chief operations officer	1 Jun 2008	Other	2108505
Arleen Marie Baez	Chief operations officer	1 Jun 2008	Other	2108505
Arleen M Baez	Chief operations officer	1 Jun 2008	Other	2108505
Meimei Li	Principal financial officer	1 Jan 2009	Other	5640175
John Michael Megyesi	Chief compliance officer	1 Jan 2009	Other	1671021
Victor Wen Chan	Chief financial officer	1 Apr 2009	Other	5660494
Ronald George Palmer	Chief financial officer	1 Dec 2009	Other	1736548
Matthew Kane Breitman	General counsel	1 Sep 2011	Other	6045361
Jay Robert Zuffante	Controller	1 Jul 2012	Other	6165952
Susan Conway Norris	Chief compliance officer	1 Feb 2013	Other	1722369
Kenneth Vincent Corrado	Chief compliance officer	1 Jul 2013	Other	1724857
Susan Conway Norris	Chief compliance officer	1 May 2018	Other	1722369
Joe Chanfu Caruso	Chief financial officer	1 Dec 2018	Other	5264187
Arleen Marie Baez	Principal	1 Jul 2019	Other	2108505

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Alpine Woods Gp	General partner	1 Jan 2003	Other	46-0507921
Samuel Alfred Lieber	Limited partner	1 Jan 2003	50% - 75%	2421176
Stephen Andrew Lieber	Limited partner	1 Jan 2003	25% - 50%	309300

Based in Purchase

The principal office where Saxon Woods Advisors LLC performs its advisory services is located at 2500 Westchester Avenue, Purchase, NY 10577, 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 914-251-0880 or by fax 914-251-9098. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at alpinefunds.com.