Greycourt & Co., Inc. is a large advisory firm based in Pittsburgh. It manages $4.96 billion of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Maryland, and 5 other states.
Greycourt & Co. provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and consulting. 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 Greycourt & Co., Inc. is $4.96 billion. The firm's AUM has grown by 124% since the beginning of its operation, and $8.42 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Greycourt & Co., Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Greycourt & Co. is high net worth individuals with 50 clients and $4.06 billion of assets under management. Among the 5 most similar advisory firms, Greycourt & Co. has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.96 billion for 60 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.
Greycourt & Co. also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.
The company employs 39 people that are either part- or full-time employees. 49 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Andrew Watson Eberhart has served as the Chief Investment Officer since 1 Feb 1999. David R Lovejoy joined the executive team most recently as the Managing Director.
The principal office where Greycourt & Co., Inc. performs its advisory services is located at 2100 Wharton Street, Pittsburgh, PA 15203, which is also the mailing address of the firm. An additional office of the firm is in Portland, OR. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 412-361-0100 or by fax 412-361-0300. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at greycourt.com.