Westchester Capital Management Inc is a large advisory firm based in Omaha. It manages $335.64 million of regulatory assets for 494 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, Florida, Illinois, and 6 other states.
Westchester Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Westchester Capital Management Inc is $335.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Westchester Capital Management Inc for their services and products based on a percentage of assets under management. 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 John Warren Rogers is high net worth individuals with 160 clients and $236.52 million of assets under management. Among the 10 most similar advisory firms, Westchester Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $333.93 million for 424 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.
Westchester Capital Management doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 3 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.
John Warren Rogers has been acting as President since 1 Oct 1986. Donna Charlotte Erickson Nelson joined the executive team most recently as the Chief Compliance Officer, Executive Vice President And Chief Operating Officer.
The principal office where Westchester Capital Management Inc performs its advisory services is located at 801 North 96 Th St, Omaha, NE 68114 2538, 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 402-392-2418 or by fax 402-392-2166. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at westchestercapital.com.