Global Investment Adviser Lc (North Palm Beach)

Name: Global Investment Adviser Lc
Address: 721 Us Highway One, North Palm Beach, FL, 33408
Telephone: 561-881-9688

Global Investment Adviser Lc is a large advisory firm based in North Palm Beach. It manages $561.14 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Florida.

Global Investment Adviser Lc provides portfolio management for individuals and small businesses, selection of other advisers, and asset consolidation services for high net-worth families. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Global Investment Adviser Lc: assets under management

The assets under management (AUM) of Global Investment Adviser Lc is $561.14 million. The firm's AUM has grown by 3% since the beginning of its operation, and $3.68 million of the total AUM is attributable to clients outside of the United States.

The firm manages $113.46 million in discretionary accounts and $447.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.35 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $223.84 million.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 16% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Global Investment Adviser Lc 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.

What kind of clients Global Investment Adviser Lc serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Global Investment Adviser Lc is high net worth individuals with 11 clients and $560.87 million of assets under management. Among the 10 most similar advisory firms, Global Investment Adviser Lc has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $561.14 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 25% of the firm’s clients are foreign persons or businesses.

Global Investment Adviser Lc doesn't advise any private funds.

Careers at Global Investment Adviser Lc

The company employs 2 people that are either part- or full-time employees. 50 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 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
Peter Scholla	Partner/chief compliance officer	1 Oct 1994	75% - 100%	2365167
Jutta Marianne Scholla	Partner	1 Oct 1994	Other	4360226
Peter Nmn Scholla	Partner/chief compliance officer	1 Oct 1994	75% - 100%	2365167

Based in North Palm Beach

The principal office where Global Investment Adviser Lc performs its advisory services is located at 721 Us Highway One, North Palm Beach, FL 33408, 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 561-881-9688 or by fax 561-881-9680. The normal business hours are 09:30 to 4:00 on Monday - Friday. You can find more information about the New York firm at globalinvestmentadviser.com.