FAMILY MANAGE LLC

RIASEC RegisteredEst. 1990
Total AUM
$5.3B
Discretionary
$5.2B
99% of AUM
Avg account
$1.7M
Accounts
3,080
Employees
23
Advisory reps
13

Firm details

Headquarters
New York, New York
CRD number
104951
Registered since
March 2, 1990
Custodians
PERSHING LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • Insurance Companies58.92%
  • HNWI34.12%
  • Pooled Investment Vehicles3.11%
  • Individuals2.86%
  • Corporations / Businesses0.51%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Family Manage LLC is an independent registered investment adviser organized as an LLC and operating since 1990. The firm serves both individuals/families and institutional clients and functions as a capital allocator, directing client capital to in-house and third‑party managers. Its fee model combines percentage-of-AUM billing with fixed fees. Advisory services include financial planning, portfolio management for individuals and small businesses, management of pooled investment vehicles, and selection of outside advisers. The firm also has activity as a commodity pool operator or commodity trading adviser and acts in sponsor/GP and managing‑member roles for pooled vehicles. Family Manage LLC does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 33%, Exchange Traded Equities 24%, Private Funds 21%, Other 9%, US Government Bonds 7%, State & Local Bonds 4%, Cash & Cash Equivalents 2%, Investment Grade Corp Bonds 1%33%
  • Public Funds/Mutual Funds33%
  • Exchange Traded Equities24%
  • Private Funds21%
  • Other9%
  • US Government Bonds7%

Owners & executives

3 of 4
  • PHILIP FRANK

    Chief Compliance OfficerCRD 4195958

  • CHRISTOPHER BOWEN

    Chief Operating OfficerCRD 4646383

  • DAVID SCHAWEL

    Chief Investment OfficerCRD 4927312

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Contacts

3 of 9
  • Monte Greenberg

    TrusteeCRD 7831859

  • CHARLES HAYDEN

    Senior Client AssociateCRD 6749582

  • Dennis Koleda

    Client AssociateCRD 7597605

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 126

Active vs passive

$477M in ETFs

Passive

54%

$258M

Active

22%

$220M

ETFProviderStyleCategoryValueShares% of portfolio
PIMCO ENHANCED SHORT MATURITY ACTIVE EXCHANGE-TRADED FUND (MINT)PIMCOActiveUltrashort Bond$45M447,0629.42%

Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
155 E 44th St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth