Schafer Cullen Capital Management, Inc. is a New York City-based portfolio management company with billions of dollars in client assets under management (AUM). Although the advisory staff here is fairly small, it is a well-known and popular investment management company in the Big Apple. Most recently in 2016, one of the firm's funds was selected as an SMA Manager of the Year by Envestnet and Investment Advisor magazine.
The entirety of this firm's services are focused on investment management. Therefore, if you have financial planning needs, Schafer Cullen won't be able to provide them to you. Try using SmartAsset's free matching tool to find advisors who serve in your area who offer financial planning.
Schafer Cullen Capital Management Background
Schafer Cullen Capital Management was founded in 1983 and has been in business in New York ever since. The firm employs a relatively small team of financial advisors. The firm is independent and fully employee-owned. Jim Cullen is the firm's chairman and CEO, and he also serves as a portfolio manager. Cullen is also the principal owner of the firm, along with a trust called the Cullen 2011 Descendants’ Trust, which owns a 49% interest. There are several chartered financial analysts (CFAs) on staff at Cullen Schafer.
Schafer Cullen Capital Management Account Minimums and Client Types
Schafer Cullen works with an array of clients. These include high-net-worth individuals, retirement plans, Taft-Hartley plans, charities, foundations, endowments, investment companies and corporations.
Minimums at Schafer Cullen vary based on the type of strategy being used. In general, they range from $100,000 to $500,000. The firm reserves the right to adjust or waive minimums at its discretion.
Services Offered by Schafer Cullen Capital Management
Schafer Cullen Capital Management provides clients with portfolio management services. The firm provides both discretionary and non-discretionary investment services. Along with a number of model portfolios and strategies, the firm also offers two private hedge funds: Schafer Cullen Global Small-Cap Value LP and Schafer Cullen Small-Cap Emerging Markets LP. Advisors may use a wide range of investments to help drive growth in client portfolios.
Schafer Cullen Capital Management Investment Philosophy
Schafer Cullen works with clients to determine their overall financial profile and goals before fully deciding how to invest their assets. This includes taking note of factors like their tolerance for risk, time horizon, desired investment strategy and income and liquidity needs. This information is used to develop a specific and personalized investment strategy, that might include model portfolios, platforms, programs and other investment tactics.
When it comes to building out portfolios for clients, advisors do extensive research to determine the proper investments. Advisors tend to use both fundamental and technical methods of analysis to inform their decisions. They also rely heavily on outside research. All strategies are designed around a long-term time horizon of three to five years at a time.
Fees Under Schafer Cullen Capital Management
Direct advisory accounts are charged a percentage of each client's assets under management (AUM). This percentage varies based on the type of strategy or platform the client uses, with fees typically ranging up to 1.25%. However, all fees are ultimately determined in the agreement between the advisor and the client.
What to Watch Out For
Schafer Cullen is a purely investment-centric firm. As a result, it doesn't provide clients with financial planning services. So if you're looking for help planning for your financial future beyond investments, this firm likely won't meet your full needs.
Opening an Account With Schafer Cullen Capital Management
If you're interested in working with Schafer Cullen, visit the firm's website and familiarize yourself with their investment offerings. You can then submit a contact form online or call (212) 644-1800.
All information is accurate as of the writing of this article.
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