Ingalls & Snyder, LLC

Ingalls & Snyder provides discretionary and non-discretionary portfolio management, financial planning, and related advisory services to individuals (including high-net-worth clients), banks and other financial institutions, pension and profit-sharing plans, trusts and estates, charitable organizations, corporations, and private investment partnerships. The firm also serves as an adviser or sub‑adviser in third‑party wrap programs, acts as a portfolio consultant to a Unit Investment Trust, and offers a donor-advised fund program.

Advisers at the firm generally manage accounts according to individual management styles and client objectives, exercising discretionary authority to implement portfolios that draw on fundamental, technical, and cyclical analysis; strategies include long‑ and short‑term equities, fixed income, options, margin, and private placements. Ingalls & Snyder also manages private funds and limited partnerships and uses performance‑based compensation for certain qualified client accounts, including incentive allocations for its named limited partnerships.

The firm operates both as a registered broker‑dealer and as custodian for many client accounts, acting as the executing broker and distributing account statements, which is less common among peers in its category. Ingalls & Snyder also stands out for its role as adviser to private investment partnerships (e.g., Underhill Partners, IAS Alpha Partners, and Ingalls & Snyder Value Partners) with performance‑fee arrangements and for having had multiple regulatory disclosure events, including consent orders and fines relating to supervisory and reporting matters.