Concourse Capital Corporation (New York)

Name: Concourse Capital Corporation
Address: 570 Lexington Avenue, New York, NY, 10022
Telephone: 212-702-6608

Concourse Capital Corporation is a large advisory firm based in New York. It manages $58 million of regulatory assets for 366 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and New York.

Concourse Capital Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Concourse Capital Corporation: assets under management

The assets under management (AUM) of Concourse Capital Corporation is $58 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $23.33 million in discretionary accounts and $34.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $395.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $112.95 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Concourse Capital Corporation 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.

Careers at Concourse Capital Corporation

Herbert William Mahler has been acting as President since 1 Jun 1972. John W Priesing joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Herbert William Mahler	President	1 Jun 1972	25% - 50%	864913
John Lyon Kidde	Director	1 Aug 1991	Other	xxx-xx-xxxx
John W Priesing	Director	1 Jul 1993	Other	xxx-xx-xxxx

Based in New York

The principal office where Concourse Capital Corporation performs its advisory services is located at 570 Lexington Avenue, New York, NY 10022 The mailing address of the firm is P. O. Box 3146 Grand Central Station, New York, NY 10163 3146. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-702-6608 or by fax 212-702-6651. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at www.mahleremersoninc.com.