C.E. Unterberg, Towbin LLC (New York)


C.E. Unterberg, Towbin LLC is a large advisory firm based in New York. It manages $25 million of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2004.

C.E. Unterberg, Towbin provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

C.E. Unterberg, Towbin: assets under management

The assets under management (AUM) of C.E. Unterberg, Towbin LLC is $25 million. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $22 million in discretionary accounts and $3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $880 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $272.73 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay C.E. Unterberg, Towbin 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.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Thomas Israel Unterberg President 1 May 1989 75% - 100% xxx-xx-xxxx
Thomas Isreal Unterberg Shareholder 1 Dec 2003 25% - 50% 13-3495144
Thomas Israel Unterberg Shareholder 1 Dec 2003 25% - 50% 451739
C.E. Unterberg Inc. Shareholder 1 Jan 2004 25% - 50% 13-3495144
Thomas Isreal Unterberg Shareholder 1 Jan 2004 25% - 50% 13-3495144

Based in New York

The principal office where C.E. Unterberg, Towbin LLC performs its advisory services is located at 350 Madison Avenue, New York, NY 10017, 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 212-389-8000 or by fax 212-389-8881. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at www.unterberg.com.