Birinyi Associates, Inc.

Birinyi Associates, Inc. is a stock research and money management firm established in March 1989, located in Westport, Connecticut. Led by President Jeffrey Rubin and Assistant Portfolio Manager Collin Monsarrat, the firm offers investment advisory services to unaffiliated investors through separate accounts. Clients can set investment guidelines and restrictions, with assets under management totaling approximately $426,779,000 on a discretionary basis and $1,720,160 on a non-discretionary basis as of December 31, 2024. The firm charges an asset-based management fee ranging from 1% to 2% per year, payable monthly, quarterly, or semi-annually. Birinyi also provides investment information through its monthly newsletter, Reminiscences, and offers a Mini-Institutional service for more in-depth research. The firm's investment strategy aims to achieve high returns with limited correlation to equity or fixed income markets by investing in undervalued securities. Birinyi's investment philosophy is influenced by Charles Dow's ideology, focusing on market sentiment, money flows, and historical analysis. The firm discloses a settled order with the SEC related to violations of the Investment Advisers Act of 1940. Birinyi does not engage in soft dollars and may aggregate certain orders for better execution. Clients receive quarterly reports and have custody of their assets, with investment discretion granted through a power of attorney. Birinyi does not vote on client securities, and clients receive proxies directly. The firm's most recent audited balance sheet is available upon request.