Baja Wealth Advisors LLC (New York)

Baja Wealth Advisors LLC is a related adviser based in New York. It manages $60.47 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and New York.

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

Baja Wealth Advisors: assets under management

The assets under management (AUM) of Baja Wealth Advisors LLC is $60.47 million. The firm's AUM has grown by 782% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.04 million in discretionary accounts and $54.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $27.21 million.

Baja Wealth Advisors has custody of $25.76 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 39% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Baja Wealth Advisors LLC 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 Baja Wealth Advisors LLC

The company employs 4 people that are either part- or full-time employees. 75 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.

Kurt Patrick Miscinski has been acting as President since 1 Aug 2017. Benjamin A Pace has served as the Chief Investment Officer since 1 Aug 2017. Cerity Partners Equity Holding Llc joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hpm Partners Llc	Member	1 Aug 2017	50% - 75%	151559
Robert Joseph Seco	Chief compliance officer	1 Aug 2017	Other	5637325
Movall Enterprise Llc	Member	1 Aug 2017	50% - 75%	46-0522424
Kurt Patrick Miscinski	President	1 Aug 2017	Other	2694200
Lawrence Eric Sussman	Chief financial officer	1 Aug 2017	Other	2835591
Benjamin A Pace	Chief investment officer	1 Aug 2017	Other	5283727
Maria Alexandra Geeza	Chief administrative officer	1 Aug 2017	Other	4796907
Maria Alexandra Hodi	Chief administrative officer	1 Aug 2017	Other	4796907
Cerity Partners Llc	Member	1 Aug 2017	50% - 75%	151559
Kevin Hilden	Chief operating officer	1 May 2018	Other	5037052

Indirect Owners

The SEC currently registers 22 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Irma Milstein	Trustee	1 Mar 1998	Other	5583589
Howard P. Milstein	Trustee	1 Mar 1998	Other	4759415
Emigrant Bancorp	Parent corporation	1 Dec 2003	75% - 100%	13-3780951
New York Private Bank And Trust Corporation	Parent corporation	1 Dec 2003	75% - 100%	20-0136064
Paul Milstein 1998 Revocable Trust	Grantor trust	1 Feb 2004	75% - 100%	4759415
Kurt Patrick Miscinski	President	1 Oct 2009	Other	2694200
Emigrant Bank	Managing member	1 Dec 2009	50% - 75%	13-5052245
Sa De Cv Impulsores Inmobiliarios Gaudi	Sole member	1 Jan 2016	75% - 100%	foreign
Domingo Javier Moreno	Owner	1 Jan 2016	75% - 100%	6852974
Marco Antonio Moreno	Manager	1 Apr 2017	Other	6852970
Kurt Patrick Miscinski	Manager	1 Nov 2017	Other	2694200
Kurt Patrick Miscinski	Manager	1 Dec 2017	Other	2694200
Llc Hpm Partners Holdings	Member	1 Dec 2017	50% - 75%	82-3744081
L.P. Lightyear Fund Iv Aiv 1	Member	1 Dec 2017	75% - 100%	82-3538903
Llc Hpmp Eoe	Member	1 Dec 2017	25% - 50%	82-3423803
Llc Cerity Partners Holdings	Member	1 Dec 2017	50% - 75%	82-3744081
Llc Ly/Hpm	Limited partner	1 Jan 2018	25% - 50%	82-3553633
L.P. Ly Iv Aiv 1 Holding	Member	1 Jan 2018	75% - 100%	82-3568336
2297984 Ontario Limited	Limited partner	1 Jan 2018	25% - 50%	98-1016734
Llc Ly/Cp	Limited partner	1 Jan 2018	25% - 50%	82-3553633
Cerity Partners Equity Holding Llc	Member	1 Sep 2018	75% - 100%	83-1643668
Cerity Partners Eoe Llc	Member	1 Sep 2018	25% - 50%	82-3423803

Based in New York

The principal office where Baja Wealth Advisors LLC performs its advisory services is located at 335 Madison Avenue, 23 Rd Floor, New York, NY 10017, 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 212 850-4260. The normal business hours are 9am to 5pm on Monday - Friday.