Amherst Advisory & Management LLC (Austin)

Amherst Advisory & 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.

Amherst Advisory & Management: assets under management

The assets under management (AUM) of Amherst Advisory & Management LLC is $387.24 million. The firm's AUM has grown by 378% since the beginning of its operation, and $374.75 million of the total AUM is attributable to clients outside of the United States.

The firm manages $309 million in discretionary accounts and $78.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $154.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $78.24 million.

Amherst Advisory & Management has custody of $44.54 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Amherst Advisory & Management LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paul M Cuccurullo serves?

The only and largest group of clients of Paul M Cuccurullo is pooled investment vehicles with 3 clients and $387.24 million of assets under management. Among the 5 most similar advisory firms, Amherst Advisory & Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $387.24 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Amherst Advisory & Management also advises several private funds. Namely, one hedge fund and one real estate fund. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $250,000,000.

Careers at Amherst Advisory & Management LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Paul M Cuccurullo has been acting as President since 1 May 2013. Stephen Evans Tenison joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 12 indirect owners.

Based in Austin

The principal office where Amherst Advisory & Management LLC performs its advisory services is located at 5001 Plaza On The Lake, Austin, TX 78746, 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 512-342-3080 or by fax 512-342-3080. 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 amherst.com/our-business/amherst-advisory-management-llc.

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