Macro Advisors, Inc. (York)

Name: Macro Advisors, Inc.
Address: 526 Greenbriar Road, York, PA, 17404
Telephone: 717-764-4566

Macro Advisors, Inc. is a large advisory firm based in York. It manages $107.64 million of regulatory assets for 1,061 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida and Pennsylvania.

Macro Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Macro Advisors: assets under management

The assets under management (AUM) of Macro Advisors, Inc. is $107.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 156% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.46 thousand each.

Macro Advisors has custody of $47.45 million in cash and securities for 326 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is government bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Macro Advisors, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Jay Matilal Desai serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jay Matilal Desai is individuals with 449 clients and $83.11 million of assets under management. Among the 10 most similar advisory firms, Macro Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $107.64 million for 468 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.

Macro Advisors doesn't advise any private funds.

Careers at Macro Advisors, Inc.

The company employs 8 people that are either part- or full-time employees. 88 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 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.

Jay Matilal Desai has been acting as President since 1 Feb 2003. Darshana Jay Desai joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Darshana Jay Desai	Secretary/treasurer	1 Jan 2002	Other	4498980
Darshana Jay Desai	Secretary	1 Feb 2003	Other	4498980
Jay Matilal Desai	President/chief compliance officer	1 Feb 2003	75% - 100%	1888390

Based in York

The principal office where Macro Advisors, Inc. performs its advisory services is located at 526 Greenbriar Road, York, PA 17404, which is also the mailing address of the firm. An additional office of the firm is in Hazleton, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 717-764-4566 or by fax 717-767-5663. The normal business hours are 9am - 4pm on Monday - Friday. You can find more information about the New York firm at macroadv.com.