Mitchell Sinkler & Starr Inc (Philadelphia)


Mitchell Sinkler & Starr Inc is a large advisory firm based in Philadelphia. It manages $1.03 billion of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Delaware, Florida, and 8 other states.

Logo



Mitchell Sinkler & Starr provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mitchell Sinkler & Starr: assets under management

The assets under management (AUM) of Mitchell Sinkler & Starr Inc is $1.03 billion. The firm's AUM has gone down by -11% since the beginning of its operation, and $7.58 million of the total AUM is attributable to clients outside of the United States.


The firm manages $127.59 million in discretionary accounts and $904.76 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 $2.36 million.
Mitchell Sinkler & Starr has custody of $707.76 million in cash and securities for 170 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is state and local bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mitchell Sinkler & Starr 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 William Wood Wylie serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of William Wood Wylie is high net worth individuals with 215 clients and $986.45 million of assets under management. Among the 8 most similar advisory firms, Mitchell Sinkler & Starr has the highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $1.03 billion for 224 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.

Mitchell Sinkler & Starr doesn't advise any private funds.

Careers at Mitchell Sinkler & Starr Inc

The company employs 9 people that are either part- or full-time employees. 56 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.

William Wood Wylie has been acting as President since 1 Jan 2002. William David Wilson joined the executive team most recently as the Portfolio Manager.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Lynne Vincent Treasurer 1 Jan 1985 Other 4649374
Isaac Tatnall Starr President 1 Jan 1996 25% - 50% 4334838
Nicholas Wood Carper Portfolio manager 1 Jan 1996 Other 4334883
Nicholas Wood Carper Vice president & secretary 1 Jan 1997 25% - 50% 4334883
Harry Thorndike Hare Secretary 1 Jan 2000 Other 237000
William Wood Wylie President 1 Jan 2002 25% - 50% 4334866
Mary Lou Blatteau Treasurer 1 Jan 2005 Other 4929327
Nancy Marcella Haegele Chief compliance officer 1 Nov 2005 Other 5062801
Nancy Marcella Bodor Chief compliance officer 1 Nov 2005 Other 5062801
William Gregory Richardson Vice president 1 Jan 2007 Other 4942867
W. Gregory Richardson Portfolio manager 1 Jan 2007 Other 4942867
William David Wilson Portfolio manager 1 Apr 2017 Other 4995131
Heather Flick Mcmeekin Portfolio manager 1 Apr 2017 Other 2628517

Based in Philadelphia

The principal office where Mitchell Sinkler & Starr Inc performs its advisory services is located at Two Penn Center Plaza, Philadelphia, PA 19102, 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 215-665-1450 or by fax 215-561-0808. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at mssadvisors.com.