Morgens, Waterfall, Vintiadis & Company, Inc. (New York)

Morgens, Waterfall, Vintiadis & Company, Inc. is a large advisory firm based in New York. It manages $113.81 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2008.

Morgens, Waterfall, Vintiadis & Company provides portfolio management for individuals and small businesses and 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.

Morgens, Waterfall, Vintiadis & Company: assets under management

The assets under management (AUM) of Morgens, Waterfall, Vintiadis & Company, Inc. is $113.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -64% since the beginning of its operation, and $24.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $113.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.76 million each.

Morgens, Waterfall, Vintiadis & Company has custody of $107.26 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Morgens, Waterfall, Vintiadis & Company, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Edwin Huffman Morgens serves?

The only and largest group of clients of Edwin Huffman Morgens is pooled investment vehicles with 2 clients and $107.26 million of assets under management. Among the 9 most similar advisory firms, Morgens, Waterfall, Vintiadis & Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $107.26 million for 2 clients. 20% of the firm’s clients are foreign persons or businesses.

Morgens, Waterfall, Vintiadis & Company also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Morgens, Waterfall, Vintiadis & Company, Inc.

The company employs 9 people that are either part- or full-time employees. 44 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.

Edwin Huffman Morgens has been acting as President since 1 Apr 1975. Michele Louise Whalen has served as the Chief Investment Officer since 1 Jan 2009. Polyvios Constantine Vintiadis joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edwin Huffman Morgens	Chairman /director	1 Apr 1975	75% - 100%	4361909
John Charles Waterfall	President/ director	1 Apr 1975	50% - 75%	459732
Edwin Huffman Morgens	Managing member (mw management, llc)	1 Oct 1995	75% - 100%	4361909
Michele Napolitano Manfredi	Cfo/chief compliance officer	1 Nov 2002	Other	2281284
Polyvios Constantine Vintiadis	Director	1 Sep 2003	Other	5507262
Michele Louise Whalen	Chief investment officer	1 Jan 2009	Other	1722702

Based in New York

The principal office where Morgens, Waterfall, Vintiadis & Company, Inc. performs its advisory services is located at 1270 Avenue Of The Americas, Suite 214, New York, NY 10020, 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 212-218-4100 or by fax 212-218-4130. The normal business hours are 9:00am - 5:00pm on Monday - Friday.