Greenwood Capital Associates, LLC is a large advisory firm based in Greenwood. It manages $1.25 billion of regulatory assets for 901 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.
Greenwood Capital Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Greenwood Capital Associates, LLC is $1.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Greenwood Capital Associates, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Walter Blakely Todd is state or municipal government entities with 27 clients and $591.74 million of assets under management. Among the 8 most similar advisory firms, Greenwood Capital Associates has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $1.25 billion for 901 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.
Greenwood Capital Associates doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 84 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.
There are 38 people 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 receive compensation from other entities for client referrals.
Walter Blakely Todd has been acting as President since 1 Aug 2017. James Philip Bell joined the executive team most recently as the Ceo.
The principal office where Greenwood Capital Associates, LLC performs its advisory services is located at 425 Main Street, Greenwood, SC 29646 The mailing address of the firm is Post Office Box 3181, Greenwood, SC 29648 3181. An additional office of the firm is in Greenville, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 864-941-4049 or by fax 864-229-1950. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at greenwoodcapital.com.