PAYNE CAPITAL MANAGEMENT, LLC

RIASEC RegisteredEst. 2008
Total AUM
$1.3B
Discretionary
$804M
60% of AUM
Avg account
$313K
Accounts
4,283
Employees
17
Advisory reps
9

Firm details

Headquarters
New York, New York
CRD number
147119
Registered since
June 19, 2008
Custodians
NATIONAL FINANCIAL SERVICES LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI80.22%
  • Individuals16.7%
  • Pension & Profit Sharing Plans2.21%
  • Corporations / Businesses0.79%
  • Other0.08%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Payne Capital Management, LLC is an independent, SEC-registered registered investment adviser organized as an LLC in 2008 and owned by an individual. The firm serves both individual and family clients as well as institutional clients and describes itself as a capital allocator that selects external managers in addition to managing portfolios directly. Core advisory services include financial planning, portfolio management for individuals and small businesses, manager selection, and educational workshops. Fee arrangements are flexible—percentage of AUM, hourly, and fixed fees are used. The firm identifies as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

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 56%, State & Local Bonds 14%, US Government Bonds 9%, Exchange Traded Equities 8%, Cash & Cash Equivalents 5%, Investment Grade Corp Bonds 3%, Derivatives 3%, Non-Exchange Traded Equities 1%, Non-Investment Grade Corp Bonds 1%56%
  • Public Funds/Mutual Funds56%
  • State & Local Bonds14%
  • US Government Bonds9%
  • Exchange Traded Equities8%
  • Cash & Cash Equivalents5%

Owners & executives

1 of 1
  • ROBERT PAYNE

    Managing Director, Chief Investment OfficerCRD 809454

Contacts

3 of 8
  • Jennifer Angell

    Chartered Financial AnalystCRD 6685923

  • Miranda Chiarella

    Operations AssociateCRD 7189858

  • Aaron Dessen

    Financial PlannerCRD 6909889

Unlock 5 more contacts

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 48

Active vs passive

$314M in ETFs

Passive

96%

$300M

Active

0%

$13.2M

ETFProviderStyleCategoryValueShares% of portfolio
SCHWAB INTERNATIONAL EQUITY ETF (SCHF)SchwabPassiveForeign Large Blend$38.1M1,538,35112.14%

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
231 W 29th St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth