Ashland Management Incorporated (New York)

Ashland Management Incorporated is a large advisory firm based in New York. It manages $119.64 million of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 46 other states.

Ashland Management Incorporated 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.

Ashland Management Incorporated: assets under management

The assets under management (AUM) of Ashland Management Incorporated is $119.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -94% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.99 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ashland Management Incorporated for their services and products based on a percentage of assets under management and fixed fees. 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.

Careers at Ashland Management Incorporated

Charles Chatterton Hickox has been acting as President since 1 Mar 1983. Terry Lynne Phalen joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Parry Vonsteinwehr Jones	President/treasurer director	1 Mar 1975	25% - 50%	2230894
Charles Chatterton Hickox	Chairman/secretary director	1 Mar 1983	50% - 75%	2230892
Terry Lynne Phalen	Chief operating officer	1 Oct 2001	Other	4630584

Based in New York

The principal office where Ashland Management Incorporated performs its advisory services is located at 355 Lexington 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.