Double Duty Money Management

Andrew J. Samalin serves as President and Chief Investment Officer and is the sole named investment decision-maker. He founded the firm in 1996 and personally executes all portfolio trades. There is no investment committee or external sub-advisor relationship disclosed in regulatory filings.

The firm's client base centers on individuals and families with concentrated low-basis stock positions who need tax-aware diversification. Public records indicate minimum account sizes that have varied over time but generally start in the $500,000 range, with many client relationships exceeding several million dollars in assets under management.

No. The firm does not sponsor any mutual funds, ETFs, private funds, or pooled investment vehicles. All client accounts are separately managed on a discretionary basis, and the firm does not participate in syndicated deals, club investments, or co-investments alongside external managers.

The firm's core strategy involves building diversified, income-generating sleeves around legacy stock positions without forcing immediate liquidation. Samalin uses a combination of direct equity selection, covered-call writing for incremental yield, and municipal-bond ladders, coordinating with clients' CPAs to manage the tax impact of each decision.

The firm does not allocate to private equity, venture capital, hedge funds, or other alternative strategies. Its mandate stays within publicly traded equities, municipal and corporate bonds, and options-based income strategies — a deliberate constraint that keeps portfolios liquid and transparent for its near-retirement and retired client base.

No. It is an independent registered investment adviser operating with a single-office footprint and a single decision-maker. While the firm provides concierge-level service to its approximately 75 client families, it does not offer family-office services such as bill pay, estate administration, or concierge services in-house.

Double Duty Money Management charges a fee based on a percentage of assets under management, consistent with the standard RIA model. The firm does not earn commissions, trailing fees, or revenue-sharing payments from product providers, and its Form ADV explicitly states that it does not receive soft-dollar benefits from broker-dealers.