Old Glory Asset Management LLC (Malvern)

Name: Old Glory Asset Management LLC
Address: 5 Great Valley Parkway, Malvern, PA, 19355
Telephone: 610-648-3860

Old Glory Asset Management LLC is a large advisory firm based in Malvern. It manages $358.53 million of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Pennsylvania.

Old Glory Asset Management provides portfolio management for businesses and institutional clients and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Old Glory Asset Management: assets under management

The assets under management (AUM) of Old Glory Asset Management LLC is $358.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 378% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $358.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.59 million each.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is government bonds, which make up 13% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Old Glory Asset Management 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 Old Glory Asset Management serves?

The firm provides services to corporations or other businesses and pension and profit sharing plans. The largest group of clients of Old Glory Asset Management is pension and profit sharing plans with 13 clients and $255.71 million of assets under management. Among the 8 most similar advisory firms, Old Glory Asset Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $339.76 million for 14 clients. None of the firm’s clients are foreign persons or businesses.

Old Glory Asset Management doesn't advise any private funds.

Careers at Old Glory Asset Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Joseph Dougherty	Managing member	1 Mar 2003	75% - 100%	1947270
Mary Jean Dougherty	Chief financial officer/chief compliance officer and member	1 Mar 2003	25% - 50%	2302342

Based in Malvern

The principal office where Old Glory Asset Management LLC performs its advisory services is located at 5 Great Valley Parkway, Malvern, PA 19355, 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 610-648-3860 or by fax 610-648-3868. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at oldgloryam.com.