Symons Capital Management Inc (Pittsburgh)

Name: Symons Capital Management Inc
Address: 650 Washington Road, Pittsburgh, PA, 15228 2702
Telephone: 412-344-7690

Symons Capital Management Inc is a large advisory firm based in Pittsburgh. It manages $266.98 million of regulatory assets for 310 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.

Symons Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Symons Capital Management: assets under management

The assets under management (AUM) of Symons Capital Management Inc is $266.98 million. The firm's AUM has grown by 235% since the beginning of its operation, and $606.41 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $263.52 million in discretionary accounts and $3.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $908.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.15 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Symons Capital Management 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 Cristopher Charles Hoel serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Cristopher Charles Hoel is high net worth individuals with 52 clients and $110.94 million of assets under management. Among the 13 most similar advisory firms, Symons Capital Management has the 6th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $266.98 million for 208 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.

Symons Capital Management doesn't advise any private funds.

Careers at Symons Capital Management 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 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.

Cristopher Charles Hoel has been acting as President since 1 Jan 2004. Edward Leonard Symons joined the executive team most recently as the Chairman And Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Leonard Symons	Chairman and ceo	1 Feb 1983	Other	2464935
Edward Symons	Dir., ceo, chairman	1 Jun 2001	50% - 75%	2464935
Colin Edward Symons	Dir., president, chief investment officer	1 Jun 2001	50% - 75%	2976526
Edward Leonard Symons	Dir., ceo, chairman	1 Jun 2001	Other	2464935
Colin Edward Symons	Dir., chief investment officer & portfolio manager	1 Oct 2001	75% - 100%	2976526
Cristopher Charles Hoel	President	1 Jan 2004	Other	4744122
Vickilynn Ellis	Chief compliance officer	1 Jan 2004	Other	1439927
Richard Francis Foran	Vice president, research	1 May 2004	Other	4816020
Michael Paul Czajka	Managing director	1 Aug 2005	Other	1529137
Edward Leonard Symons	Dir., chairman	1 Aug 2006	Other	2464935
Michael Paul Czajka	Ceo	1 Aug 2006	Other	1529137
Christopher Douglas Rickard	Chief operating officer	1 Jan 2007	Other	5298520
Michael Paul Czajka	Ceo	1 Apr 2007	Other	1529137
Francois Lee Fournier	Vice president, trading	1 Oct 2007	Other	5441624
Evan Thomas Kellenberger	Vice president, institutional marketing	1 Jul 2008	Other	2389907
Richard Francis Foran	Vice president, qualitative research	1 Jan 2011	Other	4816020
Francois Lee Fournier	Vice president, quantitative research	1 Jan 2011	Other	5441624
Joshua Isaiah Armstrong	Vice president, research	1 Nov 2011	Other	5996737
Francois Lee Fournier	Chief operating officer	1 Aug 2012	Other	5441624
Christopher Douglas Rickard	Chief technology officer	1 Aug 2012	Other	5298520
Michael Paul Czajka	Ceo	1 Apr 2013	Other	1529137
Louis Joseph Iovannone	President	1 Apr 2013	Other	2974684
Colin Edward Symons	Dir., chief investment officer & portfolio manager	1 Jan 2014	75% - 100%	2976526
Francois Lee Fournier	Chief operating officer and trader	1 Jan 2014	Other	5441624
Edward Leonard Symons	Chairman and ceo	1 Nov 2017	Other	2464935

Based in Pittsburgh

The principal office where Symons Capital Management Inc performs its advisory services is located at 650 Washington Road, Pittsburgh, PA 15228 2702, 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 412-344-7690 or by fax 412-344-7693. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at symonscapital.com.