Greenwood Investors LLC (New York)

Name: Greenwood Investors LLC
Address: 57 W 57 Th St, 4 Th Floor, New York, NY, 10019
Telephone: 212-920-4207

Greenwood Investors LLC is a mid-sized advisory firm based in New York. It manages $57.46 million of regulatory assets for 43 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Louisiana, New York, and Texas.

Greenwood Investors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenwood Investors: assets under management

The assets under management (AUM) of Greenwood Investors LLC is $57.46 million. The firm's AUM has grown by 68% since the beginning of its operation, and $14.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $44.26 million in discretionary accounts and $13.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.2 million.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greenwood Investors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Greenwood Investors serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Greenwood Investors is pooled investment vehicles with 2 clients and $27.14 million of assets under management. Among the 2 most similar advisory firms, Greenwood Investors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $44.26 million for 42 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 20% of the firm’s clients are foreign persons or businesses.

Greenwood Investors also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Greenwood Investors LLC

The company employs 3 people that are either part- or full-time employees. 33 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
Steven Duncan Wood	Cco	1 Sep 2010	75% - 100%	4810638
Grace Carucci	Silent member	1 Jan 2014	Other	6304464
Joseph Edward Carucci	Silent member	1 Jan 2014	Other	6014095

Based in New York

The principal office where Greenwood Investors LLC performs its advisory services is located at 57 W 57 Th St, 4 Th Floor, New York, NY 10019, 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 212-920-4207. The normal business hours are by appointments only on Other. You can find more information about the New York firm at gwinvestors.com.