Gratry & Company, LLC (Beachwood)

Name: Gratry & Company, LLC
Address: 3201 Enterprise Parkway Ste 495, Beachwood, OH, 44122
Telephone: 216-283-8423

Gratry & Company, LLC is a large advisory firm based in Beachwood. It manages $109.17 million of regulatory assets for 195 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Illinois, and 12 other states.

Gratry & Company provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gratry & Company: assets under management

The assets under management (AUM) of Gratry & Company, LLC is $109.17 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -73% since the beginning of its operation, and $13.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $109.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $559.86 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Gratry & Company, LLC 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 Jerome Rene Gratry serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Jerome Rene Gratry is individuals with 195 clients and $94.15 million of assets under management. Among the 10 most similar advisory firms, Gratry & Company has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $109.17 million for 213 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Gratry & Company doesn't advise any private funds.

Careers at Gratry & Company, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Jerome Rene Gratry has been acting as President since 1 Jan 2007. As Amended Jerome R. Gratry Trust U/A Dated 12/23/1999 joined the executive team most recently as the Barbara Gratry, Trustee.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Allen Tropf	Managing director- research	1 Apr 2000	Other	4297797
Mark Algren Anderson	Managing director-investments and chief compliance officer	1 Dec 2000	Other	2461518
Jerome Rene Gratry	President	1 Jan 2007	50% - 75%	2511329
Robert Sherman Tynes	Managing director	1 Feb 2007	Other	2438402
Jerome Rene Gratry	Managing director	1 Aug 2015	50% - 75%	2511329
As Amended Jerome R. Gratry Trust U/A Dated 12/23/1999	Barbara gratry, trustee	1 Jul 2017	25% - 50%	61-6593167
Jerome R. Gratry 2014 Irrevocable Trust U/A Dated 5/14/2014	Barbara b. gratry, trustee	1 Jul 2017	25% - 50%	61-6593168

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Barbara Gratry	Owner and beneficiary	1 Jul 2017	75% - 100%	6936614

Based in Beachwood

The principal office where Gratry & Company, LLC performs its advisory services is located at 3201 Enterprise Parkway Ste 495, Beachwood, OH 44122, which is also the mailing address of the firm. An additional office of the firm is in Creve Coeur, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-283-8423 or by fax 216 378-1776. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at gratry.com.