Ashford Consulting Group, Inc. (Wilmington)

Name: Ashford Consulting Group, Inc.
Address: One Walkers Mill Road, Wilmington, DE, 19807 4664
Telephone: 302-691-0228

Ashford Consulting Group, Inc. is a large advisory firm based in Wilmington. It manages $231.1 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Delaware.

Ashford Consulting Group provides portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ashford Consulting Group: assets under management

The assets under management (AUM) of Ashford Consulting Group, Inc. is $231.1 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $231.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.55 million each.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 14% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ashford Consulting Group, Inc. for their services and products based on a percentage of assets under management and fixed 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.

Careers at Ashford Consulting Group, Inc.

The company employs 11 people that are either part- or full-time employees. 82 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.

Theodore H. Iii Ashford has been acting as President since 1 Sep 2013. Sophia Sue Smith joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Donald Gooderham	President and chief operating officer	1 Apr 2004	25% - 50%	4489319
Theodore H Ashford	Chairman, director & c.e.o. (class a & class b shs)	1 Apr 2004	25% - 50%	8101
Theodore John Suess	Managing director	1 Apr 2004	Other	4840695
Thomas William Black	Managing director	1 Apr 2004	Other	4840700
Linda M. Drew	Managing director	1 Apr 2004	Other	4840703
Anthony Mark Petrucci	Chief financial officer & chief compliance officer	1 Jul 2005	Other	4382051
Garry A Musto	Vice president (class b shs)	1 Aug 2005	Other	5035235
Seth Jordan Yablanovitz	Quantative analyst	1 Jun 2006	Other	2766627
Seth Jordan Yablonovitz	Vice president (class b shares)	1 Oct 2009	Other	2766627
Seth Jordan Yablanovitz	Principal (class b shares)	1 Oct 2009	Other	2766627
Sara E Williams	Vice president (class b shares)	1 Oct 2012	Other	6274003
Theodore H. Iii Ashford	Director	1 Sep 2013	Other	4370791
Anthony Mark Petrucci	Director	1 Sep 2013	Other	4382051
Ellen Worthington Griggs	Director	1 Jul 2017	Other	736662
Garry A Musto	Director and shareholder	1 Oct 2017	25% - 50%	5035235
Seth Jordan Yablonovitz	Director and shareholder	1 Oct 2017	25% - 50%	2766627
Sara E Williams	Director and shareholder	1 Oct 2017	Other	6274003
Robert Donald Gooderham	Director and shareholder	1 Oct 2017	25% - 50%	4489319
Sophia Sue Smith	Chief compliance officer	1 Feb 2018	Other	6914068

Based in Wilmington

The principal office where Ashford Consulting Group, Inc. performs its advisory services is located at One Walkers Mill Road, Wilmington, DE 19807 4664, 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 302-691-0228 or by fax 302-655-7348. The normal business hours are 9:00a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ashfordcg.com.