Sage Hill Advisory And Management LLC (Saratoga Springs)

Name: Sage Hill Advisory And Management LLC
Address: 18 Division St, Saratoga Springs, NY, 12866
Telephone: 518 871-1214

Sage Hill Advisory And Management LLC is a mid-sized advisory firm based in Saratoga Springs. It manages $48.19 million of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Sage Hill Advisory And Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sage Hill Advisory And Management: assets under management

The assets under management (AUM) of Sage Hill Advisory And Management LLC is $48.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $48.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $512.69 thousand each.

Investments

The firm invests in pooled investment vehicles the most. They account for 53% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sage Hill Advisory And Management LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Sage Hill Advisory And Management serves?

The only and largest group of clients of Sage Hill Advisory And Management is high net worth individuals with 22 clients and $48.19 million of assets under management. Among the 1 most similar advisory firms, Sage Hill Advisory And Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $48.19 million for 22 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.

Sage Hill Advisory And Management doesn't advise any private funds.

Careers at Sage Hill Advisory And Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Francis Michael Antalek	Managing member	1 Feb 2009	25% - 50%	1371939
Philip John Toffel	Managing member/chief compliance officer	1 Feb 2009	50% - 75%	1045274

Based in Saratoga Springs

The principal office where Sage Hill Advisory And Management LLC performs its advisory services is located at 18 Division St, Saratoga Springs, NY 12866, 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 518 871-1214 or by fax 518 871-1028. 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 sagehilladvisory.com.