Castleton Partners, LLC is a large advisory firm based in Brooklyn. It manages $113.85 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida, New York, and Texas.
Castleton Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and portfolio 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.
The assets under management (AUM) of Castleton Partners, LLC is $113.85 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Castleton Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Castleton Partners is high net worth individuals with 22 clients and $112.54 million of assets under management. Among the 8 most similar advisory firms, Castleton Partners has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $113.85 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.
Castleton Partners doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 50 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’s a single person 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.
Jean Michael Reinoso joined the executive team most recently as the Chief Compliance Officer.
The principal office where Castleton Partners, LLC performs its advisory services is located at 350 Manhattan Avenue, Brooklyn, NY 11211, which is also the mailing address of the firm. An additional office of the firm is in Vero Beach, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-832-9700 or by fax 212-832-3980. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at castletonpartners.com and its LinkedIn profile.