Gray, William, Loyd, Jr. (Nashville)

Name: Gray, William, Loyd, Jr.
Address: 900 20 Th Ave. S., Nashville, TN, 37212
Telephone: 713-522-9554

Gray, William, Loyd, Jr. is a large advisory firm based in Nashville. It manages $134.56 million of regulatory assets for 193 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Tennessee and Texas.

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

Gray, William, Loyd, Jr: assets under management

The assets under management (AUM) of Gray, William, Loyd, Jr. is $134.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $134.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $697.21 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 34% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 32% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gray, William, Loyd, Jr. for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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 Gray, William, Loyd, Jr serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Gray, William, Loyd, Jr is high net worth individuals with 15 clients and $127.81 million of assets under management. Among the 10 most similar advisory firms, Gray, William, Loyd, Jr has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $134.56 million for 66 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.

Gray, William, Loyd, Jr doesn't advise any private funds.

Careers at Gray, William, Loyd, Jr.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Loyd Gray	Sole proprietor/chief compliance officer	1 Aug 2007	75% - 100%	228160

Based in Nashville

The principal office where Gray, William, Loyd, Jr. performs its advisory services is located at 900 20 Th Ave. S., Nashville, TN 37212, 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 713-522-9554. The normal business hours are 8:00 to 4:00 on Monday - Friday. You can find more information about the New York firm at gpginvest.com/.