Secor Investment Management
Secor Investment Management is a fee-only institutional investment management firm based in New York City. The firm only manages money for institutional clients and does not work with individuals. If you are looking for an advisor to manage assets for an individual, consider using SmartAsset’s free financial advisor matching service.
Secor has more than $983 million in assets under management.
Secor Investment Management Background
Secor was founded in 2011. It is a wholly owned subsidiary of a parent company, Secor Asset Management, LP. That firm is majority owned by Raymond Iwanoski and Duen-Li “Tony” Kao.
What Types of Clients Does Secor Investment Management Accept?
Again, only institutional clients are accepted at Secor. The firm does not manage assets for individuals, but SmartAsset can help you find an advisor who does with our free financial advisor matching service.
The firm’s clients are all either pooled investment vehicles or pension and profit sharing plans.
Secor Investment Management Minimum Account Sizes
There is no minimum account size for institutional clients at Secor.
Services Offered by Secor Investment Management
The following services are offered at Secor:
- Asset management
- Tail risk hedging solutions
- Liability management solutions
- Beta currency management solutions
- Wrap-fee programs
Investment Philosophy
Advisors at Secor use market data, economic data, proprietary models and analytic systems to make investment decisions for their clients. Tail risk hedging, liability management and beta currency management are all available.
Around 65% of assets are held as cash or cash equivalents. A further 24% are held in derivatives and around 11% are in sovereign bonds.
Fees Under Secor Investment Management
Fees are generally charged as a percentage of assets under management, but the firm does not provide a fee schedule. The firm does not charge commissions for the purchase of insurance or financial products.
What to Watch Out For
As noted above, Secor does not provide investment advice to individuals and as such is not an option for individual investors.
Disclosures
Secor has no disclosures on its record in the past 10 years.
Where Is Secor Investment Management Located?
The firm’s office is at One Penn Plaza, Suite 4625 New York, New York 10119
Opening an Account With Secor Investment Management
Individuals cannot open an account with Secor. To inquire about institutional investment management contact Kam Chang at kam@secor-am.com or 212-980-7365.
Tips for Investment
- Secor doesn’t manage money for individuals but plenty of firms do. Finding the right financial advisor that fits your needs doesn’t have to be hard, though. SmartAsset’s free tool matches you with financial advisors in your area in 5 minutes. If you’re ready to be matched with local advisors that will help you achieve your financial goals, get started now.
- Knowing how your assets should be distributed is key to investment success. Get a sense with SmartAsset’s free asset allocation calculator.
