Selz Capital LLC (New York)


Selz Capital LLC is a large advisory firm based in New York. It manages $749.56 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Selz Capital provides portfolio management for individuals and small businesses and 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.

Selz Capital: assets under management

The assets under management (AUM) of Selz Capital LLC is $749.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $749.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.23 million each.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is government bonds, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Selz Capital 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.

What kind of clients Selz Capital serves?

The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Selz Capital is high net worth individuals with 18 clients and $409.33 million of assets under management. Among the 9 most similar advisory firms, Selz Capital has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $749.56 million for 24 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.

Selz Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Selz Capital LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Bernard Thierry Selz Managing member (selz capital) 1 Nov 2003 50% - 75% 418681
Selz Family 2011 Tr Dtd 5/31/11 Shareholder (selz capital & spv) 1 Jan 2004 25% - 50% 45-6377869
Sandra Anne Jerro Chief compliance officer 1 Jan 2004 Other 4348255
Anita M Pagliaro Trustee 1 May 2011 Other 6029973
Ann Diamond Trustee 1 May 2011 Other 6029974
Lisa Selz Trustee 1 May 2011 Other 6029970
Ann B Diamond Trustee 1 May 2011 Other 6029974
Lisa Pagliaro Selz Trustee 1 May 2011 Other 6029970
Andrew Jason Goffe Trustee 1 Aug 2016 Other 6110798
Asaf Simcha Fligelman Member (seltz capital and luxor) 1 Jan 2018 Other 5403546

Based in New York

The principal office where Selz Capital LLC performs its advisory services is located at 1370 Avenue Of The Americas, New York, NY 10019 4602, 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 212-554-5077 or by fax 212-265-6417. The normal business hours are 9 a.m.-5 p.m. on Monday - Friday.