Girard Pension Services, LLC (Allentown)

Girard Pension Services, LLC is a large advisory firm based in Allentown. It manages $349.45 million of regulatory assets for 119 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Pennsylvania.

Girard Pension Services provides portfolio management for businesses and institutional clients and portfolio management for municipal pension plans. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Girard Pension Services: assets under management

The assets under management (AUM) of Girard Pension Services, LLC is $349.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $349.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.94 million each.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Girard Pension Services, 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 Girard Pension Services serves?

The only and largest group of clients of Girard Pension Services is state or municipal government entities with 67 clients and $349.45 million of assets under management. Among the 8 most similar advisory firms, Girard Pension Services has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $349.45 million for 67 clients. None of the firm’s clients are foreign persons or businesses.

Girard Pension Services doesn't advise any private funds.

Careers at Girard Pension Services, LLC

The company employs 9 people that are either part- or full-time employees. 33 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Based in Allentown

The principal office where Girard Pension Services, LLC performs its advisory services is located at 4600 Broadway, Allentown, PA 18104, 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 610-821-1331 or by fax 484-860-3475. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.