{
  "crd_number": 168812,
  "slug": "downtown-investment-advisory-white-plains-ny-168812",
  "primary_business_name": "DOWNTOWN INVESTMENT ADVISORY",
  "legal_name": "MAYTAL ASSET MANAGEMENT LLC",
  "dbas": [
    "DOWNTOWN INVESTMENT ADVISORY"
  ],
  "city": "White Plains",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-04-17",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-02-05",
  "carried_forward": false,
  "raum_total": 125307034.0,
  "raum_discretionary": 125307034.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 9030946.0,
      "count": 5
    },
    "individuals": {
      "raum": 9792635.0,
      "count": 19
    },
    "high_net_worth_individuals": {
      "raum": 106483453.0,
      "count": 35
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY",
    "TX"
  ],
  "websites": [
    "https://downtowninvestmentadvisory.com",
    "https://downtownllc.com",
    "https://linkedin.com/in/saloaizenberg",
    "https://seekingalpha.com/AUTHOR/DOWNTOWN-INVESTMENT-ADVISORY"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168812",
  "city_as_filed": "WHITE PLAINS",
  "url": "https://advisorcensus.com/firm/downtown-investment-advisory-white-plains-ny-168812",
  "display_name": "Downtown Investment Advisory",
  "summary": "Downtown Investment Advisory is an SEC-registered investment advisory firm in White Plains, NY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 5, 2026.",
  "citation": "AdvisorCensus. Downtown Investment Advisory (CRD 168812): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Downtown Investment Advisory compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Downtown Investment Advisory reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Downtown Investment Advisory located?",
      "a": "Downtown Investment Advisory's principal office is in White Plains, NY, according to its Form ADV."
    },
    {
      "q": "Is Downtown Investment Advisory registered with the SEC or a state?",
      "a": "Downtown Investment Advisory is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 168812."
    },
    {
      "q": "How much does Downtown Investment Advisory manage?",
      "a": "Downtown Investment Advisory reports $125,307,034 in regulatory assets under management in its Form ADV filing dated February 5, 2026 (100% discretionary)."
    },
    {
      "q": "How have Downtown Investment Advisory's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Downtown Investment Advisory: Regulatory assets under management: $123,976,904 in the October 2021 data and $125,307,034 in the October 2026 data, up 1%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Downtown Investment Advisory serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (35); individuals (other than high net worth individuals) (19); charitable organizations (5)."
    },
    {
      "q": "Which custodians does Downtown Investment Advisory use?",
      "a": "Downtown Investment Advisory's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Interactive Brokers Corp. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Downtown Investment Advisory report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168812"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 123976904.0,
      "total_employees": 1,
      "filing_date": "2021-02-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 126435000.0,
      "total_employees": 1,
      "filing_date": "2022-03-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 113828000.0,
      "total_employees": 2,
      "filing_date": "2023-04-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 126267869.0,
      "total_employees": 1,
      "filing_date": "2024-02-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 120206238.0,
      "total_employees": 1,
      "filing_date": "2025-02-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 125307034.0,
      "total_employees": 1,
      "filing_date": "2026-02-05"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers Corp.",
      "name_as_filed": "INTERACTIVE BROKERS CORP.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/downtown-investment-advisory-white-plains-ny-168812.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 19,
      "fewer_than_5": false,
      "raum": 9792635.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 35,
      "fewer_than_5": false,
      "raum": 106483453.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 9030946.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/168812",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}