# Downtown Investment Advisory

> 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.

- CRD: 168812
- Filed as: DOWNTOWN INVESTMENT ADVISORY
- Legal name: Maytal Asset Management LLC
- Also doing business as: DOWNTOWN INVESTMENT ADVISORY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: White Plains, NY
- Filing period: October 2026
- Form ADV filing dated: February 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168812
- AdvisorCensus page: https://advisorcensus.com/firm/downtown-investment-advisory-white-plains-ny-168812

## Quick answers

**How is Downtown Investment Advisory compensated?**
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.

**Where is Downtown Investment Advisory located?**
Downtown Investment Advisory's principal office is in White Plains, NY, according to its Form ADV.

**Is Downtown Investment Advisory registered with the SEC or a state?**
Downtown Investment Advisory is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 168812.

**How much does Downtown Investment Advisory manage?**
Downtown Investment Advisory reports $125,307,034 in regulatory assets under management in its Form ADV filing dated February 5, 2026 (100% discretionary).

**How have Downtown Investment Advisory's assets and staff changed since 2021?**
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.

**What types of clients does Downtown Investment Advisory serve?**
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).

**Which custodians does Downtown Investment Advisory use?**
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.

**Does Downtown Investment Advisory report any disciplinary disclosures?**
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

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Interactive Brokers Corp.

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.

### Regulatory assets under management (Item 5.F)
- Total: $125,307,034
- Discretionary: $125,307,034
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 19 | $9,792,635 |
| High net worth individuals | 35 | $106,483,453 |
| Charitable organizations | 5 | $9,030,946 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [downtowninvestmentadvisory.com](https://downtowninvestmentadvisory.com)
- [downtownllc.com](https://downtownllc.com)
- [seekingalpha.com/AUTHOR/DOWNTOWN-INVESTMENT-ADVISORY](https://seekingalpha.com/AUTHOR/DOWNTOWN-INVESTMENT-ADVISORY)
- LinkedIn @saloaizenberg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $123,976,904 | 1 | February 5, 2021 |
| October 2022 | $126,435,000 | 1 | March 1, 2022 |
| October 2023 | $113,828,000 | 2 | April 13, 2023 |
| October 2024 | $126,267,869 | 1 | February 6, 2024 |
| October 2025 | $120,206,238 | 1 | February 12, 2025 |
| October 2026 | $125,307,034 | 1 | February 5, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Downtown Investment Advisory (CRD 168812): Form ADV filing data as of October 2026.