Hedge Fund Database

FAMILY MANAGEMENT CORPORATION

Adviser information for FAMILY MANAGEMENT CORPORATION last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location New York, United States

Employees

Total Number of Employees 21
Investment Advisory/Research 21
Registered Broker-Dealer Representatives 10
Registered State Investment Advisers 10
Licensed Agents of an Insurance Company 4
No. of Firms/People that Solicit Clients 2

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2,871 $3.5B
Non-Discretionary 40 $62.4M
Total 2,911 $3.6B

Clients

Type Number RAUM
Individuals 419 $87.0M
HNW Individuals 277 $1.5B
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 2 $126.7M
Pension and profit sharing plans 0 $0
Charitable organizations 12 $24.5M
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies <5 $1.9B
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 15 $28.9M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 2
No. of Financial Planning Clients 500

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers)SERVES AS GENERAL PARTNER TO INVESTMENT FUNDS THAT ARE EXEMPT FROM REGISTRATION UNDER THE INVESTMENT ADVISERS ACT 1940.
Compensation % of AUMFixed fees
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-35943
SEC ERA File Number 801-35943
SEC CIK Numbers 1539947
SEC CRD Numbers 104951
Legal Entity Identifier None

Principal Office

155 E. 44TH STREET
21ST FLOOR
NEW YORK
NY
United States
Monday - Friday, 8:30 TO 5:30
Tel: 212-872-9600, Fax: 212-758-4020

Websites

www.linkedin.com/company/family-management-corporation www.seymourzises.com www.andreatessler.com www.familymanage.com

Chief Compliance Officer

PHILIP FRANK
GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER
155 E. 44TH STREET
21ST FLOOR
NEW YORK
NY
United States
Tel: 212-872-9637
Fax: 212-758-4020
(Full email address available in API data)

Regulatory Contact

ANDREA TESSLER
MANAGING DIRECTOR AND CHIEF OPERATING OFFICER
155 E. 44TH STREET
21ST FLOOR
NEW YORK
NY
United States
Tel: 212-872-9620
Fax: 212-758-4020
(Full email address available in API data)

Industry Affiliates

FAMILY MANAGEMENT SECURITIES, LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
FOREST HILL CAPITAL CORPORATION Insurance company or agency

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
FM FIFTH AVENUE FUND LTD Hedge Fund $63.8M $0.3M 101
FM FIFTH AVENUE FUND, LP Hedge Fund $62.9M $0.3M 88

Control Persons

Name Type Entity Title Since Ownership
FRANK, PHILIP, THOMAS Individual – GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER 03/2011 < 5%
TESSLER, ANDREA, LESLIE Individual – MANAGING DIRECTOR AND CHIEF OPERATING OFFICER 06/1988 5-10%
ZISES, SEYMOUR, WILLIAM Individual – PRESIDENT & CHIEF EXECUTIVE OFFICER 06/1988 50-75%
SUCIC, JAN, ERIC Individual – CHIEF CLIENT SERVICES OFFICER 04/2018 < 5%
SCHAWEL, DAVID, RANDALL Individual – CHIEF INVESTMENT OFFICER 11/2017 < 5%
TARANTINI, ALDO, S Individual – DIRECTOR OF OPERATIONS 07/2019 < 5%
Greenberg, Monte, I. Individual – TRUSTEE 10/2023 < 5%
ZISES 2023 CHILDREN'S TRUST Domestic Entity – OWNER 10/2023 10-25%

No. Employees, Historic

30150201920202021202220232024202516 on 4/26/201916 on 3/30/202016 on 6/30/202016 on 7/9/202019 on 3/30/202119 on 8/23/202119 on 8/24/202119 on 1/12/202219 on 3/31/202219 on 11/3/202220 on 3/31/202320 on 5/30/202320 on 12/12/202321 on 3/29/2024

RAUM, Historic

4B2B020192020202120222023202420251782196869 on 4/26/20192057718110 on 3/30/20202057718110 on 6/30/20202057718110 on 7/9/20202627201313 on 3/30/20212627201313 on 8/23/20212627201313 on 8/24/20212627201313 on 1/12/20223148958350 on 3/31/20223148958350 on 11/3/20223155272313 on 3/31/20233155272313 on 5/30/20233155272313 on 12/12/20233606809839 on 3/29/2024

No. Clients, Historic

80040002019202020212022202320242025646 on 4/26/2019629 on 3/30/2020629 on 6/30/2020629 on 7/9/2020676 on 3/30/2021676 on 8/23/2021676 on 8/24/2021676 on 1/12/2022729 on 3/31/2022729 on 11/3/2022624 on 3/31/2023624 on 5/30/2023624 on 12/12/2023728 on 3/29/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABRDN PALLADIUM ETF TRUST PHYSICAL PALLADM 220K 2K –
ADOBE INC COM 5M 8K –
AFLAC INC COM 2M 27K –
ALPHABET INC CAP STK CL C 1M 7K –
ALPHABET INC CAP STK CL A 17M 92K –
AMAZON COM INC COM 13M 66K –
AMERICAN ELEC PWR CO INC COM 221K 3K –
AMERICAN EXPRESS CO COM 5M 22K –
AMERIPRISE FINL INC COM 3M 6K –
AMGEN INC COM 2M 8K –
APOGEE THERAPEUTICS INC COM 274K 7K –
APPLE INC COM 20M 95K –
APPLIED MATLS INC COM 3M 11K –
ARES CAPITAL CORP COM 1M 60K –
ARK ETF TR INNOVATION ETF 1M 24K –
ARK ETF TR GENOMIC REV ETF 53K 2K –
ARK ETF TR 3D PRINTING ETF 7K 343 –
ASML HOLDING N V N Y REGISTRY SHS 561K 549 –
BANK AMERICA CORP COM 4M 98K –
BANK AMERICA CORP 7.25%CNV PFD L 7K 6 –
BERKSHIRE HATHAWAY INC DEL CL B NEW 8M 19K –
BHP GROUP LTD SPONSORED ADS 2M 33K –
BLACK STONE MINERALS L P COM UNIT 623K 40K –
BLACKROCK HEALTH SCIENCES TE COM SHS 459K 30K –
BLACKROCK MUNICIPAL INCOME COM 184K 15K –
BLACKROCK MUNIYIELD FD INC COM 131K 12K –
BLACKSTONE INC COM 482K 4K –
BOOKING HOLDINGS INC COM 4M 1K –
BROADCOM INC COM 5M 3K –
CADENCE DESIGN SYSTEM INC COM 338K 1K –
CATERPILLAR INC COM 3M 9K –
CHUBB LIMITED COM 348K 1K –
CINTAS CORP COM 298K 426 –
CONOCOPHILLIPS COM 3M 29K –
COSTCO WHSL CORP NEW COM 597K 702 –
CRH PLC ORD 2M 25K –
CROWDSTRIKE HLDGS INC CL A 465K 1K –
DEERE & CO COM 3M 9K –
DESTRA MULTI-ALTERNATIVE FD COMMON SHARES 504K 62K –
DOUBLELINE ETF TRUST COMMERCIAL REAL 615K 12K –
EATON CORP PLC SHS 302K 963 –
ELEVANCE HEALTH INC COM 5M 9K –
ELI LILLY & CO COM 4M 4K –
ENTERPRISE PRODS PARTNERS L COM 335K 12K –
EOG RES INC COM 3M 21K –
EXCHANGE LISTED FDS TR SABA INT RATE 2M 84K –
EXXON MOBIL CORP COM 678K 6K –
FASTENAL CO COM 4M 65K –
FIFTH THIRD BANCORP COM 2M 65K –
GENERAL MLS INC COM 253K 4K –
GENERAL MTRS CO COM 3M 69K –
GOLDMAN SACHS ETF TR ACTIVEBETA US LG 8M 79K –
GOLUB CAP BDC INC COM 795K 51K –
HOME DEPOT INC COM 7M 21K –
INTERNATIONAL BUSINESS MACHS COM 377K 2K –
INTUIT COM 246K 374 –
INVESCO EXCH TRADED FD TR II KBW REGL BKG 410K 8K –
INVESCO EXCH TRADED FD TR II KBW BK ETF 579K 11K –
INVESCO EXCH TRADED FD TR II S&P SMLCAP QTY 535K 14K –
INVESCO EXCHANGE TRADED FD T S&P500 QUALITY 7K 114 –
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 198K 1K –
INVESCO EXCHANGE TRADED FD T HIG YLD EQ DIV 39K 2K –
INVESCO QQQ TR UNIT SER 1 2M 5K –
INVESCO QQQ TR UNIT SER 1 5M 11K –
INVESCO VALUE MUN INCOME TR COM 260K 21K –
ISHARES GOLD TR ISHARES NEW 2M 36K –
ISHARES SILVER TR ISHARES 204K 8K –
ISHARES TR S&P 100 ETF 1M 4K –
ISHARES TR CORE S&P TTL STK 9M 75K –
ISHARES TR SELECT DIVID ETF 16K 131 –
ISHARES TR CORE S&P500 ETF 2M 4K –
ISHARES TR MSCI EAFE ETF 755K 10K –
ISHARES TR CORE S&P MCP ETF 264K 5K –
ISHARES TR ISHARES BIOTECH 296K 2K –
ISHARES TR RUS 1000 GRW ETF 880K 2K –
ISHARES TR RUS 1000 ETF 104K 350 –
ISHARES TR RUS 2000 GRW ETF 124K 471 –
ISHARES TR RUSSELL 2000 ETF 10K 49 –
ISHARES TR CORE S&P US VLU 4M 40K –
ISHARES TR CORE S&P US GWT 17K 131 –
ISHARES TR U.S. TECH ETF 581K 4K –
ISHARES TR US HLTHCARE ETF 46K 750 –
ISHARES TR CORE S&P SCP ETF 577K 5K –
ISHARES TR GL CLEAN ENE ETF 28K 2K –
ISHARES TR ISHS 1-5YR INVS 23M 441K –
ISHARES TR 3 7 YR TREAS BD 26K 226 –
ISHARES TR SHORT TREAS BD 44M 400K –
ISHARES TR MSCI USA ESG SLC 163K 1K –
ISHARES TR MSCI INDIA ETF 45K 800 –
ISHARES TR MSCI USA MIN VOL 6M 66K –
ISHARES TR MSCI USA QLT FCT 25M 144K –
ISHARES TR CORE MSCI TOTAL 7M 103K –
ISHARES TR BLACKROCK ULTRA 11M 213K –
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 2M 36K –
JANUS DETROIT STR TR HENDERSON SECURI 3M 61K –
JOHNSON & JOHNSON COM 4M 28K –
JPMORGAN CHASE & CO. COM 4M 20K –
KKR & CO INC COM 478K 5K –
KROGER CO COM 4M 80K –
LAM RESEARCH CORP COM 230K 216 –
LEGG MASON ETF INVT CLEARBRIDEG LR 448K 6K –
LOCKHEED MARTIN CORP COM 239K 512 –
MARATHON OIL CORP COM 224K 8K –
MASTERCARD INCORPORATED CL A 375K 849 –
MERCK & CO INC COM 4M 31K –
META PLATFORMS INC CL A 5M 10K –
META PLATFORMS INC CL A 756K 2K –
MICROSOFT CORP COM 23M 52K –
NETFLIX INC COM 227K 336 –
NIKE INC CL B 217K 3K –
NOVO-NORDISK A S ADR 482K 3K –
NRG ENERGY INC COM NEW 4M 55K –
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 184K 15K –
NUVEEN QUALITY MUNCP INCOME COM 180K 15K –
NVIDIA CORPORATION COM 18M 144K –
OCCIDENTAL PETE CORP COM 277K 4K –
OCCIDENTAL PETE CORP *W EXP 08/03/202 3K 85 –
OPPFI INC COM CL A 228K 67K –
ORACLE CORP COM 212K 2K –
PACER FDS TR PACER US SMALL 12M 265K –
PALO ALTO NETWORKS INC COM 218K 642 –
PARKER-HANNIFIN CORP COM 279K 552 –
PEPSICO INC COM 559K 3K –
PFIZER INC COM 455K 16K –
PIMCO DYNAMIC INCOME STRATEG COM SHS BEN INT 1M 49K –
PIMCO ETF TR ENHAN SHRT MA AC 60M 595K –
PROCTER AND GAMBLE CO COM 5M 28K –
PROGRESSIVE CORP COM 632K 3K –
PULTE GROUP INC COM 3M 28K –
QUALCOMM INC COM 3M 16K –
RAFAEL HLDGS INC COM CL B 14K 10K –
REGENERON PHARMACEUTICALS COM 7M 7K –
RTX CORPORATION COM 376K 4K –
SABA CAPITAL INCOME & OPRNT SHS NEW 88K 13K –
SALESFORCE INC COM 3M 13K –
SCHWAB STRATEGIC TR US LRG CAP ETF 1M 21K –
SCHWAB STRATEGIC TR US MID-CAP ETF 205K 3K –
SCHWAB STRATEGIC TR US SML CAP ETF 19 0 –
SELECT SECTOR SPDR TR SBI HEALTHCARE 443K 3K –
SERVICENOW INC COM 248K 315 –
SHELL PLC SPON ADS 5M 70K –
SHERWIN WILLIAMS CO COM 910K 3K –
SIMPLIFY EXCHANGE TRADED FUN MBS ETF 8M 162K –
SPDR GOLD TR GOLD SHS 793K 4K –
SPDR INDEX SHS FDS PORTFLO EURP ETF 676K 16K –
SPDR INDEX SHS FDS PORTFOLIO EMG MK 14K 377 –
SPDR S&P 500 ETF TR TR UNIT 21M 38K –
SPDR SER TR PRTFLO S&P500 GW 36K 445 –
SPDR SER TR PRTFLO S&P500 VL 62K 1K –
SPDR SER TR S&P BIOTECH 595K 6K –
SPDR SER TR BLOOMBERG 1-3 MO 4M 45K –
SUPER MICRO COMPUTER INC COM 411K 502 –
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 752K 4K –
TEXAS PACIFIC LAND CORPORATI COM 4M 5K –
THERMO FISHER SCIENTIFIC INC COM 229K 415 –
UNION PAC CORP COM 4M 16K –
UNITEDHEALTH GROUP INC COM 411K 808 –
VALUED ADVISERS TR REGAN FLTG RATE 2M 65K –
VANGUARD INDEX FDS S&P 500 ETF SHS 971K 2K –
VANGUARD INDEX FDS MCAP GR IDXVIP 2M 7K –
VANGUARD INDEX FDS SM CP VAL ETF 10K 54 –
VANGUARD INDEX FDS MID CAP ETF 1M 5K –
VANGUARD INDEX FDS GROWTH ETF 22K 60 –
VANGUARD INDEX FDS VALUE ETF 7M 43K –
VANGUARD INDEX FDS SMALL CP ETF 33K 150 –
VANGUARD INDEX FDS TOTAL STK MKT 541K 2K –
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 1M 9K –
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 63K 1K –
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 27K 400 –
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 9K 160 –
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 6M 84K –
VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF 12K 263 –
VANGUARD SCOTTSDALE FDS INT-TERM CORP 207K 3K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 18M 97K –
VISA INC COM CL A 4M 16K –
WALMART INC COM 870K 13K –
XYLEM INC COM 361K 3K –