# Double Duty Money Management

Double Duty Money Management is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** Longmeadow, MA, United States
- **Founded:** 1996
- **Assets under management:** $100M - $250M (Altss estimate)
- **Website:** ddmm.com

## Regulatory record

- **CRD number:** 326792
- **SEC file number:** 801-128084
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/326792

## About

DOUBLE DUTY MONEY MANAGEMENT LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2023. The firm manages approximately $84 million in assets. It has 4 employees and 3 investment advisers.

## People

- Andrew J. Samalin — President and Chief Investment Officer

## Questions

### Who runs investment decisions at 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.

### What kind of client does Double Duty Money Management typically serve?

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.

### Does Double Duty Money Management pool capital or offer commingled funds?

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.

### How does the firm handle concentrated stock positions?

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.

### What is the firm's known posture on alternative investments?

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.

## Related profiles

- [MSA Power Funds](https://altss.com/profile/msa-power-funds-llc)
- [The Commonwealth Group](https://altss.com/profile/the-commonwealth-group-llc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/double-duty-money-management-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology