Gladstone Management Corporation is a large advisory firm based in Mclean. It manages $2.66 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, New York, Texas, Virginia, and Washington.
Gladstone Management Corporation provides portfolio management for investment companies and certain portfolio services for reits (see brochure). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gladstone Management Corporation is $2.66 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 942% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Gladstone Management Corporation for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Gladstone Management Corporation is business development companies with 2 clients and $1.06 billion of assets under management. Among the 7 most similar advisory firms, Gladstone Management Corporation has the highest percentage of business development companies out of all clients.
The amount of regulatory assets under management is $1.06 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.
Gladstone Management Corporation doesn't advise any private funds.
The company employs 45 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Iii George Stelljes has served as the Chief Investment Officer since 1 Sep 2002. Michael John Malesardi joined the executive team most recently as the Chief Financial Officer.
The principal office where Gladstone Management Corporation performs its advisory services is located at 1521 Westbranch Drive, Mclean, VA 22102, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 703-287-5800 or by fax 703-287-5901. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at gladstonemanagement.com.