Dwight Securities Management LLC (New York)


Dwight Securities Management LLC is a large advisory firm based in New York. It manages $345.04 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Dwight Securities Management provides 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.

Dwight Securities Management: assets under management

The assets under management (AUM) of Dwight Securities Management LLC is $345.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5208% since the beginning of its operation, and $260.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $345.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.01 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dwight Securities Management LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Dwight Securities Management serves?

The only and largest group of clients of Dwight Securities Management is pooled investment vehicles with 5 clients and $345.04 million of assets under management. Among the 8 most similar advisory firms, Dwight Securities Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $345.04 million for 5 clients. 60% of the firm’s clients are foreign persons or businesses.

Dwight Securities Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Dwight Securities Management LLC

The company employs 9 people that are either part- or full-time employees. 67 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
Adam Sasouness Managing member and owner 1 Jan 2015 25% - 50% 6451565
Zachary Lee Halpern Managing member and owner 1 Jan 2015 25% - 50% 6075764
Joshua Sasouness Managing member and owner 1 Jan 2015 25% - 50% 6451566
Andrew Steven Chaimowitz Chief compliance officer 1 Feb 2015 Other 5784060
Andrew Chaimowitz Chief compliance officer 1 Feb 2015 Other 5784060
The Adam Sasouness Dwight Securities Grantor Retained Annuity Trust Trust 1 Nov 2015 Other 81-6173772
The Joshua Sasouness Dwight Securities Grantor Retained Annuity Trust Trust 1 Feb 2016 Other 81-6299245
Katherine Marie Petrozzi Chief financial officer & compliance associate 1 Mar 2016 Other 6622956
Andrew Steven Chaimowitz Chief financial officer & compliance associate 1 Jul 2016 Other 5784060
William Joseph Greco Chief operating officer 1 Nov 2016 Other 4104086

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Baroukh Sasouness Trustee 1 Nov 2015 Other 6760700
Baroukh Sasouness Trustee 1 Feb 2016 Other 6760700

Based in New York

The principal office where Dwight Securities Management LLC performs its advisory services is located at 787 Eleventh 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 347-846-0777. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at dwightcapital.com and its LinkedIn profile.