Symons Capital Management Inc (Pittsburgh)

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

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.

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