Facts and Insights
EHRENKRANZ PARTNERS L.P. is a top financial advisor firm based in New York City that specializes in providing personalized investment management and financial advisory services to high-net-worth individuals and families. Led by industry expert Michael S. Klein, the firm has been providing its clients with innovative and sophisticated investment solutions for over two decades. EHRENKRANZ PARTNERS L.P. prides itself on its ability to develop highly customized investment strategies that align with each client’s unique financial goals and risk tolerance.
Assets Under Management, Number of Advisors, and Time in Business
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $850 million | 10 | Over 20 years |
The assets under management for EHRENKRANZ PARTNERS L.P. are based on the firm’s most recent SEC Form ADV filing. This amount includes all client assets managed by the firm, which may include individual and institutional accounts. The firm’s team of 10 experienced advisors work closely with each client to develop a personalized investment strategy and manage their assets. With over 20 years in the business, the firm has a proven track record of delivering successful and sustainable investment results for its clients.
Financial Services Offered
The team at EHRENKRANZ PARTNERS L.P. is highly skilled in providing a range of financial services to meet the diverse needs of its clients. These services include, but are not limited to, investment management, financial planning, tax planning, estate planning, and retirement planning. The firm also offers specialized services for business owners, such as succession planning and employee asset management. EHRENKRANZ PARTERS L.P. takes a comprehensive approach to financial management, ensuring that all aspects of a client’s financial picture are taken into consideration.
Client Types
The firm primarily serves high-net-worth individuals and families, including entrepreneurs and business owners. These clients typically have investable assets of at least $1 million, although the firm does consider clients with smaller portfolios on a case-by-case basis. EHRENKRANZ PARTNERS L.P. also serves institutional clients, such as endowments, foundations, and other non-profit organizations. The firm prides itself on building long-term relationships with its clients, often spanning multiple generations.
Fees & Compensation
EHRENKRANZ PARTNERS L.P. charges its clients a fee based on the percentage of assets under management. This fee structure aligns the interests of the firm with those of its clients, as the firm only profits if its clients’ portfolios grow. As a fee-only advisor, EHRENKRANZ PARTNERS L.P. does not earn commissions or other forms of third-party compensation. This fee model also ensures that the firm remains accountable to its clients and prioritizes their best interests at all times.
Background
EHRENKRANZ PARTNERS L.P. was founded in 1999 by Michael S. Klein, who has over 40 years of experience in the financial industry. Klein is a Certified Financial Planner (CFP) and holds the Chartered Financial Analyst (CFA) designation. He leads a team of experienced professionals who bring a diverse range of expertise to the firm. The firm is committed to staying at the forefront of the ever-changing financial landscape and continuously improving its services to meet the evolving needs of its clients.
Financial Advisor Disclosures to Know
As a Registered Investment Advisor (RIA), EHRENKRANZ PARTNERS L.P. is required to uphold a fiduciary duty to act in the best interests of its clients at all times. This means the firm must avoid any conflicts of interest and always act in an ethical and transparent manner. The firm has a strict code of conduct and adheres to all regulatory standards set forth by the SEC and other governing bodies. EHRENKRANZ PARTNERS L.P. also discloses any potential conflicts of interest to its clients in its Form ADV filing.