MEYER HANDELMAN CO

Meyer Handelman Co LLC is an investment management firm based out of Rye Brook, New York. The company was originally established in 1993 by its namesake and has grown from its inception to now operate with 19 total employees of which 9 are investment professionals. Meyer Handelman Co. conducts its research internally and utilizes external research to supplement its in house operations. The company utilizes a fundamental methodology to make its investment decisions, allocating its assets in the public equity and fixed income markets within the United States. Meyer Handelman Co invests most heavily in the consumer staples sector, which alone makes up over a fifth of the firm’s total asset allocations and also invests in the health care, industrials, information technology, energy, materials, and consumer discretionary sectors, in order of decreasing allocation. The company holds its allocations for 37.2 quarters on average and holds its top 10 allocations for approximately 38.9 quarters on average. Meyer Handelman Co, in the most recent quarter, has had a turnover rate of approximately 4.5%. Meyer Handelman Co now oversees almost $2 billion in total assets under management spread across 349 accounts, all of which are discretionary accounts except for 4 which make up $350 million of its managed assets. Although the firm’s total number of accounts has not changed much in recent years, its total assets under management has been increasing, growing significantly from $1.2 billion back in 2010 to its current amount. Meyer Handelman Co mainly caters to high net worth individuals, which alone makes up three quarters of the firm’s client base and over two thirds of its total attributed assets, and also provides services to individuals, charities, and other client types to a lesser degree. The company takes advisory fees in the form of a percentage of assets and fixed fees.