Morris Capital Advisors Inc (Malvern)

Name: Morris Capital Advisors Inc
Address: 15 Chester Commons, Malvern, PA, 19355
Telephone: 610-722-0900

Morris Capital Advisors Inc is a large advisory firm based in Malvern. It manages $175.22 million of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Florida, and 6 other states.

Morris Capital Advisors provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Morris Capital Advisors: assets under management

The assets under management (AUM) of Morris Capital Advisors Inc is $175.22 million. The firm's AUM has grown by 887% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $129.06 million in discretionary accounts and $46.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $786.92 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.2 million.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is investment and business development companies, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Morris Capital Advisors Inc for their services and products based on a percentage of assets under management. 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.

What kind of clients Morris Capital Advisors serves?

The firm provides services to individuals, investment companies, charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Morris Capital Advisors is individuals with 104 clients and $95.53 million of assets under management. Among the 4 most similar advisory firms, Morris Capital Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $175.22 million for 113 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Morris Capital Advisors doesn't advise any private funds.

Careers at Morris Capital Advisors Inc

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Anthony Morris	President, chief compliance officer	1 Jan 1995	75% - 100%	1773610
John Russell Giles	Vice-president	1 Aug 2005	Other	2198843
Joseph Thomas Doyle	Vice-president	1 Sep 2006	Other	1491916

Based in Malvern

The principal office where Morris Capital Advisors Inc performs its advisory services is located at 15 Chester Commons, Malvern, PA 19355, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-722-0900 or by fax 610-725-8003. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at morriscapitaladvisors.com.