Gagnon Securities, LLC is a large advisory firm based in New York. It manages $340.38 million of regulatory assets for 995 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Arizona, California, and 38 other states.
Gagnon Securities provides portfolio management for individuals and small businesses. 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 Gagnon Securities, LLC is $340.38 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -35% since the beginning of its operation, and $374.96 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gagnon Securities, LLC for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gagnon Securities is individuals with 796 clients and $172.33 million of assets under management. Among the 10 most similar advisory firms, Gagnon Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $340.38 million for 995 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Gagnon Securities doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.
The principal office where Gagnon Securities, LLC performs its advisory services is located at 1370 6 Th Avenue, New York, NY 10019, 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 212-554-5060 or by fax 212-265-6417. The normal business hours are 8:00am - 5:30pm on Monday - Friday. You can find more information about the New York firm at gagnonsec.com.