Balance Asset Management, LLC is a large advisory firm based in New York. It manages $220 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005.
Balance Asset Management 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.
The assets under management (AUM) of Balance Asset Management, LLC is $220 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 581% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Balance Asset Management, LLC for their services and products based on a percentage of assets under management 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.
The principal office where Balance Asset Management, LLC performs its advisory services is located at 152 West 57 Th Street, 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 212-974-3500 or by fax 212-974-3501. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at www.balancellc.com.