Strategas Securities, LLC (New York)


Strategas Securities, LLC is a related adviser based in New York. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of District of Columbia and New York.

Strategas Securities provides market commentary/letters (remunerated in hard dollars). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Strategas Securities, LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paul Edward Purcell serves?

The firm provides services to insurance companies, charitable organizations, other investment advisers, pooled investment vehicles, banking or thrift institutions, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Paul Edward Purcell is insurance companies with 2 clients and $0 of assets under management. Among the 7 most similar advisory firms, Strategas Securities has the highest percentage of insurance companies out of all clients.

2% of the firm’s clients are foreign persons or businesses.

Strategas Securities doesn't advise any private funds.

Careers at Strategas Securities, LLC

The company employs 54 people that are either part- or full-time employees. 22 percent of the employees work as investment advisers or researchers. 12 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Paul Edward Purcell has been acting as President since 1 Jan 2018. Steven Gregory Booth joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jason Richard Trennert Chairman / ceo 1 Sep 2008 Other 2079457
Nicholas Gregory Bohnsack President / coo 1 Sep 2008 Other 4571796
Donald James Rissmiller Vice chairman / principal 1 Sep 2008 Other 5227351
Michael A Totoro Chief technology officer 1 Sep 2008 Other 1552053
Mark David Godofsky Finop / cfo 1 Dec 2009 Other 2882741
Eileen Margaret Gabay Chief compliance officer 1 Nov 2010 Other 5602349
Paul Edward Purcell Director 1 Jan 2018 Other 844873
Steven Gregory Booth Director 1 Jan 2018 Other 2147388
Jon A Langenfeld Director 1 Jan 2018 Other 4322120
Baird Financial Corporation Shareholder 1 Jan 2018 75% - 100% 30-1289533

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Baird Holding Company Shareholder 1 Jan 2018 75% - 100% 39-2027336
Inc Baird Financial Group Shareholder 1 Jan 2018 75% - 100% 80-0844225

Based in New York

The principal office where Strategas Securities, LLC performs its advisory services is located at 52 Vanderbilt Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-906-0130 or by fax 212-906-0131. The normal business hours are 7:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at twitter.com/strategasrp and its LinkedIn profile.