Wyser Pratte Management Co., Inc. (Bedford)

Name: Wyser Pratte Management Co., Inc.
Address: 504 Guard Hill Road, Bedford, NY, 10506
Telephone: 914 234 4930

Wyser Pratte Management Co., Inc. is a mid-sized advisory firm based in Bedford. It manages $51.58 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017.

Wyser Pratte Management Co. provides portfolio management for pooled investment vehicles 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.

Wyser Pratte Management Co.: assets under management

The assets under management (AUM) of Wyser Pratte Management Co., Inc. is $51.58 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -12% since the beginning of its operation, and $51.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $51.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.19 million each.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in derivatives form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wyser Pratte Management Co., 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.

What kind of clients Guy Patrick Wyser Pratte serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Guy Patrick Wyser Pratte is pooled investment vehicles with 2 clients and $27.46 million of assets under management. Among the 2 most similar advisory firms, Wyser Pratte Management Co. has the 0th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $51.58 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Wyser Pratte Management Co. also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Wyser Pratte Management Co., Inc.

The company employs 4 people that are either part- or full-time employees. 75 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.

Guy Patrick Wyser Pratte has been acting as President since 1 Jan 1991. Karin Lynne Wyser Pratte joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Guy Patrick Wyser Pratte	President	1 Jan 1991	75% - 100%	473794
Louis Morin	Chief operating officer	1 Jan 2006	Other	5549234
Karin Lynne Wyser Pratte	Director	1 May 2008	Other	5540201
Guy Patrick Wyser Pratte	Chief compliance officer	1 Sep 2010	75% - 100%	473794

Based in Bedford

The principal office where Wyser Pratte Management Co., Inc. performs its advisory services is located at 504 Guard Hill Road, Bedford, NY 10506, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914 234 4930 or by fax 914 234 4933. The normal business hours are 9a.m.-5 p.m. on Monday - Friday. You can find more information about the New York firm at wyser-pratte.com.