Gadsden, LLC (Wayne)

Gadsden, LLC is an investment adviser to an investment company based in Wayne. It manages $45 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Pennsylvania.

Gadsden provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gadsden: assets under management

The assets under management (AUM) of Gadsden, LLC is $45 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.5 million each.

Gadsden has custody of $15 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Gadsden, 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 Gadsden serves?

The only and largest group of clients of Gadsden is investment companies with 2 clients and $45 million of assets under management. Among the 3 most similar advisory firms, Gadsden has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $45 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Gadsden doesn't advise any private funds.

Careers at Gadsden, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Kevin Raymond Harper has served as the Chief Investment Officer since 1 Dec 2017. James William Judge joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James William Judge	Chief compliance officer	1 Dec 2017	Other	4818175
Kevin Raymond Harper	Chief investment officer	1 Dec 2017	75% - 100%	5507287

Based in Wayne

The principal office where Gadsden, LLC performs its advisory services is located at 656 E Swedesford Rd, Wayne, PA 19087, 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 484-580-2277. The normal business hours are 9:30 - 5:30 on Monday - Friday.