Dudley & Shanley, Inc. (Palm Beach)

Name: Dudley & Shanley, Inc.
Address: 205 Worth Avenue, Palm Beach, FL, 33480
Telephone: 561-855-4742

Dudley & Shanley, Inc. is a large advisory firm based in Palm Beach. It manages $576.63 million of regulatory assets for 48 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Colorado, Florida, and New Jersey.

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

Dudley & Shanley: assets under management

The assets under management (AUM) of Dudley & Shanley, Inc. is $576.63 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -17% since the beginning of its operation, and $27.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $576.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.01 million each.

Dudley & Shanley has custody of $112.51 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 27% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dudley & Shanley, Inc. 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 Henry Claypool Dudley serves?

The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Henry Claypool Dudley is high net worth individuals with 42 clients and $323.38 million of assets under management. Among the 8 most similar advisory firms, Dudley & Shanley has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $576.63 million for 48 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Dudley & Shanley also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Dudley & Shanley, Inc.

The company employs 4 people that are either part- or full-time employees. 75 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.

Henry Claypool Dudley has been acting as President since 1 Jan 2018. Frank Emmett Shanley joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Henry Claypool Dudley	Chairman	1 Jan 2018	25% - 50%	4339253
Frank Emmett Shanley	President and chief compliance officer	1 Jan 2018	25% - 50%	4339247
Gregory Richard Greene	Senior vice president and treasurer	1 Jan 2018	Other	2164030
Christiane C Mcnamara	Vice president, secretary and assistant treasurer	1 Jan 2018	Other	1567685

Based in Palm Beach

The principal office where Dudley & Shanley, Inc. performs its advisory services is located at 205 Worth Avenue, Palm Beach, FL 33480, which is also the mailing address of the firm. An additional office of the firm is in Durango, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-855-4742 or by fax 561-855-4784. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at dudleyshanley.com.