Staley Capital Advisers Inc (Pittsburgh)

Name: Staley Capital Advisers Inc
Address: One Oxford Centre, Pittsburgh, PA, 15219
Telephone: 412-394-1292

Staley Capital Advisers Inc is a large advisory firm based in Pittsburgh. It manages $1.78 billion of regulatory assets for 804 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 8 other states.

Staley Capital Advisers provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Staley Capital Advisers: assets under management

The assets under management (AUM) of Staley Capital Advisers Inc is $1.78 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 889% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.78 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.22 million each.

Staley Capital Advisers has custody of $338.51 million in cash and securities for 42 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 45% of the firm’s portfolio. Investments in government bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Staley Capital Advisers 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 Staley Capital Advisers serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Staley Capital Advisers is high net worth individuals with 198 clients and $1.2 billion of assets under management. Among the 10 most similar advisory firms, Staley Capital Advisers has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.74 billion for 340 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Staley Capital Advisers also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $150,000 for each fund.

Careers at Staley Capital Advisers Inc

The company employs 11 people that are either part- or full-time employees. 73 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 compensates 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 Adolphus Staley Iv	Chief executive officer & director	1 Sep 1996	25% - 50%	433291
James Roberge	Managing director	1 Sep 1996	Other	2268843
John Adolphus Staley	Chief executive officer & director	1 Sep 1996	25% - 50%	433291
Brian Michael Mcinerney	Managing director	1 Sep 1996	Other	1474880
James Douglas Roberge	Managing director	1 Sep 1996	Other	2268843
Thomas William Henderson	Shareholder	1 Sep 1996	Other	5124330
James Douglas Roberge	Managing director	1 Dec 1996	Other	2268843
Brian Michael Mcinerney	Managing director	1 Dec 1996	Other	1474880
William Falling Stotz	Managing director	1 Jul 1998	Other	1148166
William C. Benson Iii	Chief compliance officer	1 Sep 2004	Other	4942752
Lori Ann Wolff Brucker	Chief compliance officer	1 Sep 2005	Other	4994436
Michael Friday	Managing director	1 Jun 2007	Other	1835250
Christopher Frank Pretsch	Managing director	1 Jan 2012	Other	1361144

Based in Pittsburgh

The principal office where Staley Capital Advisers Inc performs its advisory services is located at One Oxford Centre, Pittsburgh, PA 15219, 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 412-394-1292 or by fax 412-394-1298. The normal business hours are 9 a.m. - 5 p.m. est on Monday - Friday. You can find more information about the New York firm at staleycap.com.