Traynor Capital Management, Inc. is a large advisory firm based in Malvern. It manages $335 million of regulatory assets for 535 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Arizona, California, and 31 other states.
Traynor Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and business funding consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Traynor Capital Management, Inc. is $335 million. The firm's AUM has grown by 219% 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 Traynor 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 and high net worth individuals. The largest group of clients of Traynor Capital Management is individuals with 450 clients and $280 million of assets under management. Among the 8 most similar advisory firms, Traynor Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $335 million for 525 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.
Traynor Capital Management doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Traynor Capital Management, Inc. performs its advisory services is located at 19 E. King Street, Malvern, PA 19355, 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 610-993-9050 or by fax 610-722-1291. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at traynorcapitalmanagement.com.