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AG Asset Management LLC

245 Park Avenue, 42nd Floor
New York, New York 10167
United States
Contact :      Mr. Robert Bernstein
Phone :       (617) 292-6054
Fax :             (617) 292-6004
Email :
Web : 

AG Asset Management LLC Information

Type of organization : Limited Liability Company
Total Assets Managed ($Mil) : $1,194
Tax-Exempt Managed ($Mil) : $991
Taxable Assets Managed ($Mil) : $203
Year Founded : 1968
Wrap Programs Offered? : Yes
# of Accounts Managed : 79
In-House Research : 75 %
Carries liability insurance? : Yes
Errors & Omission Insurance? : Yes
Socially Responsible? : No
Minority Owned? : No
Wrap Program Description  
In $ Thousands
Lehman Brothers Inc.   $100,000
Bank of America Selects   $100,000
Linsco Private Ledger   $100,000
Deutsche Bank   $100,000
UBS Financial   $100,000
Raymond James   $100,000
Ameriprise Premier   $100,000
Access Partners - Bank Trust   $100,000
Lockwood MAC/Manager Utility Platform   $100,000
Sungard/H&R Block   $100,000

AG Asset Management LLC History

The firm was originally founded in 1968. On May 1, 2006, Angelo, Gordon & Co., LP, through its wholly-owned subsidiary, AGFL Acquisition LLC (“Angelo Gordon”), a privately-held investment management firm, acquired a controlling ownership interest in AG Asset Management LLC (formerly known as ForstmannLeff), an investment advisor registered with the U.S. Securities and Exchange Commission (“SEC”). At the same time, in connection with an internal reorganization, AG Asset Management (AGAM) acquired substantially all of the assets and investment management contracts of Forstmann-Leff Associates, LLC. While AGAM has only existed since February 2006, its personnel, infrastructure and investment strategies and processes have a much longer lineage because they are the same as those at Forstmann-Leff Associates, LLC, which began managing assets in 1968. The firm’s client base includes public funds, corporate pension and profit sharing plans, endowments and foundations. The firm also sub-advises a registered mutual fund. The firm specializes in equity investments driven by in-depth fundamental research, bottom-up portfolio construction and actively-applies risk management overlay. The firm is organized into distinct investment teams in which portfolio managers and analysts together develop the research and understanding on which the portfolios are built. The firm offers a full suite of growth and core equity portfolios. The firm specializes in equity investments driven by in-depth fundamental research, bottom-up portfolio construction and actively-applies risk management overlay. The firm is organized into distinct investment teams in which portfolio managers and analysts together develop the research and understanding on which the portfolios are built. The firm offers a full suite of growth and core equity portfolios. AGAM's parent company is Angelo Gordon & Co., one of the industry's oldest and largest alternative investment firms. Together with Angelo Gordon, the firm offers 130/30 portfolios, a long/short equity strategy drawing on the expertise of 90 investment professionals across both firms.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
Limited Partnership :
Foundations :
Unions, Taft-Hartley :
Public :
Others :
Total # of Professional : 39 Analysts : 8
Portfolio Managers : 7 Traders : 4
Client Service : 8 Operation : 8

AG Asset Management LLC Personnel

Mr.  John Troise

Data Preparer
Tel : (212)407-9417

Ms.  Kristin Mariani

Vice President
Tel : (212) 407-9448
Kristin Mariani Chief Compliance Officer Kristin performs all compliance functions at ForstmannLeff and also heads up Human Resources. She joined ForstmannLeff in 2000. Kristin began her career as an account executive at Congress Financial Corporation in 1988. She moved on to be a Loan Officer at Boca Bank in 1989. She later joined H&R Block as an Auditor in 1992. After that she was Corporate Audit Manager at The Dun & Bradstreet Corporation. From 1995-2000 she was a Compliance Officer at Prudential Global Asset Management. Kristin passed her Series 7, 24, 63 and 65 licenses. She received a BS from the University of South Florida.

Mr.  William Potter

Portfolio Manager
Tel : 212-407-9475
Will Potter is portfolio manager of AG Asset Management’s Mid Cap Growth strategy. He joined the firm in 2002 from ABN AMRO (formerly ING Barings, and Furman Selz) where he was Managing Director and research analyst from 1997 to 2002. During that time, he was recognized as a leader in technology and industrial equity research in several published surveys, including the Wall Street Journal’s “Best on the Street Survey” in 2000 and 2001. Prior to Furman Selz, Will was a Vice President and research analyst at Alex.Brown from 1994 to 1997 and at Wertheim Schroder from 1992 to 1994. From 1988 to 1992 Will worked in Venture Capital at Safeguard Securities and led private financings for several companies that subsequently went public, including Cambridge Technology Partners and Wave Technologies. Will started his career in commercial banking in 1982 as a corporate lending officer at Manufacturers Hanover Trust and then Chemical Bank from 1985 to 1987, before going to business school. Will is a frequent speaker at seminars and conferences on the topics of investment strategy, security selection, portfolio construction and risk controls. Will received his MBA from The Wharton School of the University of Pennsylvania, and his BBA from Emory University.

Ms.  Kristine Nelson

Tel : 212-407-9428
Kris is a research analyst whose focus is Technology, Telecommunications, Automobiles and Services. Prior to joining the firm in May 2002, she worked at ABN AMRO, Inc. from 2000 to 2002, as a research associate in the Industrial Manufacturing and Technology group. Before that, she was a research associate in the Telecom Equipment group, also at ABN AMRO. She began her career as an intern in the summer of 1996 and 1998 as a Financial Planning Assistant for Delta Financial Group. Kris later taught English in Japan for the Japan Exchange and Teaching Program, from 1998 to 2000. Kris is a CFA charterholder and has passed the Series 7 examination. She received a BS from Villanova University and has her level III certification in the Japanese Proficiency Exam.

Mr.  Robert Bernstein

Marketing Director
Tel : 617-292-6054
Rob is responsible for developing business with institutional investors and major consultants nationwide. He joined ForstmanLeff in 2001. Rob began his career as a Regional Sales Representative at Paychex Corporation in 1991. From there he became a Regional Vice President at John Nuveen & Company in 1993. Rob was then the Senior Vice President of Institutional Sales at GE Investments in 1996. He joined Gordon Getty’s family office, Webster Investment Management, LLC, as a Principal and Senior Vice President of Institutional Sales and Business Development in 2000. Rob has passed the Series 7 and 63 examinations. He received a BA from The College of Wooster.

Mr.  Gus Scacco

Portfolio Manager
Tel : 212-407-9634
Gus manages our Multi Cap Growth strategy. He joined the firm as a Director in 2004. He began his career at Chemical Bank in 1988 in Commercial Lending and moved on to Deutsche Bank, where he worked in Corporate Finance in 1991. In 1992 he moved to J. & W. Seligman, where he was a Small Cap equity research analyst. He gained industry experience at that point, when he became vice president, finance, at Amicale Industries in New York. In 1998 he joined Morgan Stanley in Equity Research, concentrating in financials, consumer discretionary and business services across capitalization ranges. Gus has passed the Series 7 and 63 examinations. He received a BBA from Adelphi University and an MBA from Hofstra University’s Frank Zarb School of Business.

Mr.  Brian Zimmerman

Tel : 212-407-9421
Brian joined the Firm in 2005. He is a ForstmannLeff alumni; Brian previously spent five years with the Firm as a research analyst. He has 11 years of investment management experience. He joins from MSW Asset Management, where he was a research analyst. Brian's industry breadth and extensive fundamental research skills, coupled with his familiarity with the ForstmannLeff philosophy, process and culture, will allow him to be a significant and immediate contributor to our research efforts. Brian has a Bachelor of Science in Business Administration from Old Dominion University and is a member of the New York Society of Security Analysts and the National Association of Petroleum Industry Analysts

Mr.  Peter Hermann

Portfolio Manager
Tel : 212-407-9476
Peter manages our Large Cap Growth strategy. Peter joined the firm in 2005. He previously spent ten years at Morgan Stanley, where he managed or co-managed several different growth equity funds. Several of those years were spent alongside Gus Scacco, current AG-AM all cap growth portfolio manager. Peter has 18 years of investment management experience. He joined ForstmannLeff from Fulcrum Asset Management, where he was a Managing Director and managed long-short equity strategies. Peter has an MBA from Carnegie-Mellon, a JD from the University of Pittsburgh and BA from Tufts University. He has passed the Series 7, 63, 65 examinations and is a member of the Pennsylvania Bar.

Mr.  Mark Bergen

Tel : 212-407-9430
Mark is our Chief Operating Officer and responsible for all operations, technology and financial accounting. He joined the Firm from UBS Global Asset Management where he served as Business Manager to the America’s Head of Wholesale mutual fund and managed account distribution. Mark started his career at Anderson Consulting in 1979. He moved on to UBS Warburg where he advanced to an Executive Director position by the time he left in 2000. In 2002, he moved on to Goldman, Sachs as a Vice President until 2002. Mark has a BS and MBA from University of Illinois, Urbana.

Mr.  Michael Cook

Portfolio Manager
Tel : 212-407-9452
Michael is accountable for quantitative research and risk analysis. He joined the firm as Vice President of Quantitative Research in 1997. Michael worked in Research and Development at Mathematical Applications Group, Inc., from 1984 to 1987. From 1987 to 1990 he was the System Manager at the Center for Large Scale Computation and from 1990 to 1995 he was a Research Associate at Rockefeller University. He was at Neiderhoffer Investments from 1995 to 1996 in Trading Research. He was a Vice President at Mortgage Industry Advisory Corporation from 1996 to 1997, before he came to AG-AM. He received a Ph.D. in Math from The Graduate Center of The City University of New York and a BA from Hunter College. He is a member of the New York Society of Security Analysts, AIMR, and the International Association of Financial Engineers.

Mr.  Peter Wen

Tel : 212-407-9645
Peter joined the firm in 2004 to work on small, smid, mid, large and all cap growth investment strategies. He came from Credit Suisse Asset Management, where he was a Healthcare Research Analyst and Sector Fund Portfolio Manager focusing on small, mid and large cap investment recommendations for growth and value products. Peter started his career as a Principal and Founder of Spec Inc., a software start-up in Cambridge, Massachusetts, from 1983 to 1992. After business school, he worked at Lynch & Mayer, Inc., a private equity firm, as a Large/Mid Cap Healthcare Analyst making investment recommendations of pharmaceutical, medical device, biotechnology, and services companies. Peter then joined Warburg Pincus, which later was absorbed by Credit Suisse Asset Management; he was there from 1999 to 2004. Peter has an MBA from The Wharton School, and a BA from Harvard University.

AG Asset Management LLC Product Name

Mid Cap Growth Equity:Privately Managed Accounts
Large Cap Growth Equity:Privately Managed Accounts
Report Created: September,27 2020.  Copyright Money Manager Review , All rights Reserved.

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