Mcham Taylor & Co., Inc. (Spartanburg)

Name: Mcham Taylor & Co., Inc.
Address: 781 East Main Street, Spartanburg, SC, 29302
Telephone: 864-582-7000

Mcham Taylor & Co., Inc. is a large advisory firm based in Spartanburg. It manages $151.64 million of regulatory assets for 134 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of North Carolina, South Carolina, and Texas.

Mcham Taylor & Co. provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mcham Taylor & Co.: assets under management

The assets under management (AUM) of Mcham Taylor & Co., Inc. is $151.64 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.71 million in discretionary accounts and $27.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $681.15 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 37% of the total AUM. The second-largest asset type is other assets, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mcham Taylor & Co., 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 Gary Sanford Mcham serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Gary Sanford Mcham is high net worth individuals with 59 clients and $118.38 million of assets under management. Among the 13 most similar advisory firms, Mcham Taylor & Co. has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $151.64 million for 134 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.

Mcham Taylor & Co. doesn't advise any private funds.

Careers at Mcham Taylor & Co., Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Gary Sanford Mcham has been acting as President since 1 Sep 2010. David Cordell Taylor joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gary Sanford Mcham	Chairman	1 Sep 2010	50% - 75%	328246
David Cordell Taylor	President and chief compliance officer	1 Sep 2010	50% - 75%	3238186

Based in Spartanburg

The principal office where Mcham Taylor & Co., Inc. performs its advisory services is located at 781 East Main Street, Spartanburg, SC 29302, 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 864-582-7000 or by fax 864-582-5135. The normal business hours are 9:00 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at mchamtaylor.com.