West Chester Capital Advisors Inc is a large advisory firm based in Johnstown. It manages $842.33 million of regulatory assets for 1,326 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Pennsylvania.
West Chester Capital Advisors 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.
The assets under management (AUM) of West Chester Capital Advisors Inc is $842.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay West Chester Capital Advisors Inc for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Jerome Michael Adams is high net worth individuals with 9 clients and $42.81 million of assets under management. Among the 11 most similar advisory firms, West Chester Capital Advisors has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $61.44 million for 30 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.
West Chester Capital Advisors doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Jerome Michael Adams has been acting as President since 1 Mar 2007. James Theodore Huerth joined the executive team most recently as the President & Chief Executive Officer.
The principal office where West Chester Capital Advisors Inc performs its advisory services is located at 216 Franklin Street, Johnstown, PA 15901 1911, 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 814-533-5338 or by fax 814-533-5128. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at wccadvisors.com.