Zimmermann Alan L (New York)


Zimmermann Alan L is a large advisory firm based in New York. It manages $162.19 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Zimmermann Alan L provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Zimmermann Alan L: assets under management

The assets under management (AUM) of Zimmermann Alan L is $162.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 179% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $162.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.72 million each.
Zimmermann Alan L has custody of $16.25 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is state and local bonds, which make up 12% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Zimmermann Alan L for their services and products based on a percentage of assets under management and fixed fees. 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 Zimmermann Alan L serves?

The only and largest group of clients of Zimmermann Alan L is high net worth individuals with 19 clients and $161.14 million of assets under management. Among the 10 most similar advisory firms, Zimmermann Alan L has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $161.14 million for 19 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Zimmermann Alan L doesn't advise any private funds.

Careers at Zimmermann Alan L

The company employs 1 person that is either a part- or full-time employee. 100 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alan Lewis Zimmermann Owner/chief compliance officer 1 Jan 1992 75% - 100% 4349798

Based in New York

The principal office where Zimmermann Alan L performs its advisory services is located at C/O Rz Capital Llc, New York, NY 10022, 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 212-906-9000 or by fax 212-906-9096. The normal business hours are 9am-12pm, on Other.