Searle & Co. (Greenwich)

Name: Searle & Co.
Address: 333 Greenwich Avenue, Greenwich, CT, 06830
Telephone: 203-869-4800

Searle & Co. is a large advisory firm based in Greenwich. It manages $337.13 million of regulatory assets for 141 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Colorado, Connecticut, Florida, New Jersey, and New York.

Searle & provides portfolio management for individuals and small businesses, selection of other advisers, and general consulting & family office services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Searle &: assets under management

The assets under management (AUM) of Searle & Co. is $337.13 million. The firm's AUM has grown by 394% since the beginning of its operation, and $3.16 million of the total AUM is attributable to clients outside of the United States.

The firm manages $330.31 million in discretionary accounts and $6.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.82 million.

Searle & has custody of $162.24 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is state and local bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Searle & Co. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. 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 Robert Southworth Searle serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Robert Southworth Searle is high net worth individuals with 21 clients and $329.16 million of assets under management. Among the 13 most similar advisory firms, Searle & has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $333.3 million for 33 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Searle & doesn't advise any private funds.

Careers at Searle & Co.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 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.

Robert Southworth Searle has been acting as President since 1 Nov 1982. Thaddeus Sajous Cook joined the executive team most recently as the Vp.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Southworth Searle	President/chief compliance officer, cfo	1 Nov 1982	75% - 100%	839312
Karen Lynn Peters	Fin op	1 Dec 1991	Other	2080613
Thaddeus Sajous Cook	Vice president	1 Dec 1991	Other	856315
Thaddeus Sajous Cook	Vp	1 Nov 1994	Other	856315

Based in Greenwich

The principal office where Searle & Co. performs its advisory services is located at 333 Greenwich Avenue, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in Scarsdale, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-869-4800 or by fax 203-661-2310. The normal business hours are 8:30 a.m. to 5:00 p.m. est on Monday - Friday. You can find more information about the New York firm at searleco.com.