Hedge Fund Database

MATRIX ASSET ADVISORS INC

Adviser information for MATRIX ASSET ADVISORS INC last updated from Form ADV on March 22nd, 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 Delaware, United States

Employees

Total Number of Employees 12
Investment Advisory/Research 7
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 2

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 606 $1.0B
Non-Discretionary 0 $0
Total 606 $1.0B

Clients

Type Number RAUM
Individuals 293 $139.5M
HNW Individuals 274 $541.4M
Banking or thrift institutions 0 $0
Investment companies 2 $102.6M
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 14 $38.5M
Charitable organizations 12 $8.5M
State or municipal gov entities 0 $0
Other investment advisers 11 $90.8M
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other <5 $100.0M
Type Number
No. of Non-RAUM Clients 6
No. of Non-U.S. Clients 2
No. of Financial Planning Clients 101-250

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)CONSULTING AGREEMENT WITH MONEYPAPER ADVISOR INC.
Compensation % of AUMFixed feesPENSION CONSULTING SERVICES

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 123.0M
Both for Same 0
Portfolio Manager to Program Sponsor
STIFEL NICOLAUS MANAGED ACCOUNTS STIFEL, NICOLAUS & COMPANY, INCORPORATED
PRIVATE ADVISOR NETWORK WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
UBS WRAP PROGRAM UBS FINANCIAL SERVICES INC.
JANNEY MONEY MANAGEMENT SERVICES MANAGED ACCT. PROGRAM JANNEY MONTGOMERY SCOTT LLC
MORGAN STANLEY SMITH BARNEY WRAP PROGRAM MORGAN STANLEY
GLADOWSKY CAPITAL WRAP PROGRAM GLADOWSKY CAPITAL MANAGEMENT CORP
MANAGED ACCOUNT PROGRAM (MAP) RBC CAPITAL MARKETS, LLC

Identifiers

SEC RIA File Number 801-36872
SEC ERA File Number 801-36872
SEC CIK Numbers 1016287
SEC CRD Numbers 107408
Legal Entity Identifier None

Principal Office

10 BANK STREET
SUITE 590
WHITE PLAINS
NY
United States
Monday - Friday, 9 A.M. TO 5 P.M.
Tel: 212-486-2004, Fax: 212-486-1822

Websites

www.matrixadvisorsdividendfund.com www.matrixassetadvisors.com www.matrixadvisorsvaluefund.com www.linkedin.com/company/matrix-asset-advisors-inc/

Chief Compliance Officer

JACQUELINE A. MANDEL
10 BANK STREET
SUITE 590
WHITE PLAINS
NY
United States
Tel: 212-486-2004
Fax: 212-486-1822
(Full email address available in API data)

Regulatory Contact

DAVID A. KATZ, CFA
PRESIDENT AND CHIEF INVESTMENT OFFICER
10 BANK STREET
SUITE 590
WHITE PLAINS
NY
United States
Tel: 212 486 2004
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
KATZ, DAVID, ADAM Individual – PRESIDENT/CHIEF INVESTMENT OFFICER 05/1990 50-75%
BIRNHOLZ, LON, F Individual – SENIOR MANAGING DIRECTOR/CHIEF FINANCIAL OFFICER 09/2009 10-25%
ROUKIS, STEVEN, GEORGE Individual – MANAGING DIRECTOR / SENIOR PORTFOLIO MANAGER 01/2005 5-10%
POSNER, JORDAN, FRASER Individual – MANAGING DIRECTOR / SENIOR PORTFOLIO MANAGER 02/2005 5-10%
WEINBERGER, STEPHAN, JAN Individual – MANAGING DIRECTOR/SENIOR PORTFOLIO MANAGER 04/2010 < 5%
HURWITZ, SHERRI, LYNN Individual – VICE PRESIDENT, HEAD EQUITY TRADER 01/1999 < 5%
MABEL, LISA, ARYN Individual – VICE PRESIDENT, DIRECTOR OF CLIENT RELATIONS 04/2003 < 5%
TOM, JONATHAN, MATTHEW Individual – SENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER 12/2015 < 5%
ALGAVA MANDEL, JACQUELINE Individual – CHIEF COMPLIANCE OFFICER 02/2022 < 5%

No. Employees, Historic

2010020202021202220232024202513 on 3/30/202013 on 6/30/202013 on 7/1/202013 on 3/30/202112 on 3/24/202212 on 4/26/202212 on 11/14/202212 on 1/17/202312 on 3/27/202312 on 3/22/2024

RAUM, Historic

2B1B0202020212022202320242025814137000 on 3/30/2020814137000 on 6/30/2020814137000 on 7/1/2020790905683 on 3/30/2021994434097 on 3/24/2022994434097 on 4/26/2022994434097 on 11/14/2022994434097 on 1/17/2023884546246 on 3/27/20231021341468 on 3/22/2024

No. Clients, Historic

7003500202020212022202320242025492 on 3/30/2020492 on 6/30/2020492 on 7/1/2020504 on 3/30/2021562 on 3/24/2022562 on 4/26/2022562 on 11/14/2022562 on 1/17/2023585 on 3/27/2023606 on 3/22/2024

Holdings

From latest 13F, filed July 15th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBVIE INC COM 25M 145K –
ACCENTURE PLC IRELAND SHS CLASS A 244K 805 –
AFLAC INC COM 554K 6K –
ALPHABET INC CAP STK CL A 485K 3K –
ALPHABET INC CAP STK CL C 30M 163K –
AMAZON COM INC COM 24M 122K –
AMERICAN ELEC PWR CO INC COM 20M 230K –
AMERICAN EXPRESS CO COM 744K 3K –
AMGEN INC COM 14M 45K –
AMPHENOL CORP NEW CL A 206K 3K –
AON PLC SHS CL A 203K 691 –
APPLE INC COM 29M 138K –
BANK AMERICA CORP COM 251K 6K –
BANK NEW YORK MELLON CORP COM 31M 520K –
BECTON DICKINSON & CO COM 6M 26K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 1M 3K –
BRISTOL-MYERS SQUIBB CO COM 233K 6K –
CAPITAL ONE FINL CORP COM 334K 2K –
CISCO SYS INC COM 27M 574K –
COLGATE PALMOLIVE CO COM 252K 3K –
COMCAST CORP NEW CL A 28M 725K –
COMPUGEN LTD ORD 153K 91K –
COSTCO WHSL CORP NEW COM 462K 544 –
CVS HEALTH CORP COM 1M 19K –
DANAHER CORPORATION COM 425K 2K –
DOCGO INC COM 309K 100K –
DUKE ENERGY CORP NEW COM NEW 7M 65K –
EATON CORP PLC SHS 264K 842 –
ELI LILLY & CO COM 269K 297 –
EXXON MOBIL CORP COM 500K 4K –
FEDEX CORP COM 15M 50K –
FISERV INC COM 6M 37K –
GENERAL DYNAMICS CORP COM 7M 25K –
GILEAD SCIENCES INC COM 13M 183K –
GOLDMAN SACHS GROUP INC COM 18M 40K –
HOME DEPOT INC COM 16M 46K –
INTUIT COM 296K 450 –
INVESCO QQQ TR UNIT SER 1 531K 1K –
ISHARES INC CORE MSCI EMKT 255K 5K –
ISHARES TR ESG AW MSCI EAFE 250K 3K –
ISHARES TR RUS 1000 VAL ETF 1M 6K –
ISHARES TR RUS 1000 ETF 215K 721 –
ISHARES TR CORE S&P SCP ETF 3M 29K –
ISHARES TR MSCI EAFE ETF 1M 15K –
ISHARES TR CORE S&P500 ETF 1M 2K –
ISHARES TR RUS 1000 GRW ETF 6M 17K –
ISHARES TR RUS MID CAP ETF 4M 45K –
ISHARES TR RUSSELL 2000 ETF 2M 11K –
JOHNSON & JOHNSON COM 489K 3K –
JPMORGAN CHASE & CO. COM 37M 181K –
L3HARRIS TECHNOLOGIES INC COM 13M 58K –
LOWES COS INC COM 2M 11K –
M & T BK CORP COM 14M 92K –
MARKER THERAPEUTICS INC COM NEW 81K 15K –
MCDONALDS CORP COM 273K 1K –
MEDTRONIC PLC SHS 22M 278K –
MERCK & CO INC COM 354K 3K –
META PLATFORMS INC CL A 21M 41K –
MICROSOFT CORP COM 63M 142K –
MORGAN STANLEY COM NEW 30M 304K –
NEXTERA ENERGY INC COM 16M 230K –
NVIDIA CORPORATION COM 1M 9K –
PARAMOUNT GLOBAL CLASS B COM 3M 336K –
PAYPAL HLDGS INC COM 13M 228K –
PEPSICO INC COM 5M 31K –
PFIZER INC COM 8M 297K –
PNC FINL SVCS GROUP INC COM 27M 177K –
PROCTER AND GAMBLE CO COM 352K 2K –
PROVIDENT FINL SVCS INC COM 195K 14K –
QUALCOMM INC COM 29M 145K –
RTX CORPORATION COM 7M 71K –
SELECT SECTOR SPDR TR TECHNOLOGY 267K 1K –
SKYX PLATFORMS CORP COM 95K 100K –
SPDR GOLD TR GOLD SHS 853K 4K –
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 3M 5K –
SPDR SER TR PRTFLO S&P500 GW 257K 3K –
SPDR SER TR SPDR S&P 500 ETF 432K 10K –
SPDR SER TR S&P DIVID ETF 489K 4K –
STARBUCKS CORP COM 15M 191K –
T ROWE PRICE ETF INC PRICE BLUE CHIP 2M 58K –
TE CONNECTIVITY LTD SHS 14M 95K –
TEXAS INSTRS INC COM 17M 88K –
THERMO FISHER SCIENTIFIC INC COM 11M 20K –
TYSON FOODS INC CL A 9M 150K –
UNION PAC CORP COM 14M 63K –
UNITEDHEALTH GROUP INC COM 13M 25K –
US BANCORP DEL COM NEW 25M 627K –
VANGUARD INDEX FDS S&P 500 ETF SHS 9M 18K –
VANGUARD INDEX FDS MID CAP ETF 215K 888 –
VANGUARD INDEX FDS SMALL CP ETF 235K 1K –
VANGUARD INDEX FDS VALUE ETF 244K 2K –
VANGUARD INDEX FDS TOTAL STK MKT 914K 3K –
VANGUARD INDEX FDS GROWTH ETF 1M 3K –
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 2M 38K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 636K 3K –
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 8M 159K –
VANGUARD WHITEHALL FDS HIGH DIV YLD 7M 60K –
VISA INC COM CL A 261K 994 –
WALMART INC COM 328K 5K –
WELLS FARGO CO NEW COM 14M 237K –
ZIMMER BIOMET HOLDINGS INC COM 11M 100K –