Euclid Investment Advisory, LLC (Bethesda)

Name: Euclid Investment Advisory, LLC
Address: 4701 Sangamore Road, Bethesda, MD, 20816
Telephone: 240-731-0083

Euclid Investment Advisory, LLC is a large advisory firm based in Bethesda. It manages $102 million of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Maryland.

Euclid Investment Advisory provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Euclid Investment Advisory: assets under management

The assets under management (AUM) of Euclid Investment Advisory, LLC is $102 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 252% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $102 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.22 million each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is government bonds, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Euclid Investment Advisory, 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 Euclid Investment Advisory serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Euclid Investment Advisory is pension and profit sharing plans with 1 clients and $66 million of assets under management. Among the 6 most similar advisory firms, Euclid Investment Advisory has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $102 million for 46 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.

Euclid Investment Advisory doesn't advise any private funds.

Careers at Euclid Investment Advisory, LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

Frederic Meister Smoak has served as the Chief Investment Officer since 1 Dec 2000. William Howard Hoover joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frederic Meister Smoak	Principal/chief investment officer	1 Dec 2000	75% - 100%	2101684
Clifton Stanley Sorrell	Principal	1 Dec 2000	Other	1737312
Steven Ray St. John	Principal	1 Sep 2001	Other	4476407
William Howard Hoover	Cco	1 Jan 2015	Other	4686428

Based in Bethesda

The principal office where Euclid Investment Advisory, LLC performs its advisory services is located at 4701 Sangamore Road, Bethesda, MD 20816, 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 240-731-0083. The normal business hours are 10:00am - 4:30pm on Monday - Friday. You can find more information about the New York firm at euclidadvisory.com.