Legacy Dcp, LLC (New York)

Legacy Dcp, LLC is a large advisory firm based in New York. It manages $104.75 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015.

Legacy Dcp provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as valuation and dispute consulting services.

Legacy Dcp: assets under management

The assets under management (AUM) of Legacy Dcp, LLC is $104.75 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -61% since the beginning of its operation, and $104.75 million of the total AUM is attributable to clients outside of the United States.

The firm manages $104.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.92 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legacy Dcp, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Legacy Dcp serves?

The only and largest group of clients of Legacy Dcp is pooled investment vehicles with 3 clients and $104.75 million of assets under management. Among the 10 most similar advisory firms, Legacy Dcp has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $104.75 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Legacy Dcp doesn't advise any private funds.

Careers at Legacy Dcp, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
James Klee Finkel	Managing member / cco	1 Nov 2003	25% - 50%	2277489
Tonko Gast	Cio/managing member	1 Nov 2003	25% - 50%	4836980
Karen Levy Finkel	Class "b" member	1 Jan 2014	Other	2315741

Based in New York

The principal office where Legacy Dcp, LLC performs its advisory services is located at 389 Fifth Avenue, New York, NY 10016, 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 212 710-6601. The normal business hours are 8:30am-6:00pm on Monday - Friday.