Obrien Greene & Co Inc (Media)


Obrien Greene & Co Inc is a large advisory firm based in Media. It manages $279.22 million of regulatory assets for 271 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Pennsylvania and Texas.

Obrien Greene & provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Obrien Greene &: assets under management

The assets under management (AUM) of Obrien Greene & Co Inc is $279.22 million. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $250.95 million in discretionary accounts and $28.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $991.9 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.57 million.
Obrien Greene & has custody of $8.54 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 69% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Obrien Greene & Co Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.

What kind of clients Mark Bennett Obrien serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Mark Bennett Obrien is high net worth individuals with 105 clients and $194.84 million of assets under management. Among the 13 most similar advisory firms, Obrien Greene & has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $279.22 million for 139 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.

Obrien Greene & also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $66,101 for each fund.

Careers at Obrien Greene & Co Inc

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 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.

Mark Bennett Obrien has been acting as President since 1 Feb 1987. Elizabeth Burns O'brien joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Elizabeth Burns O'brien Corporate secretary 1 Feb 1987 Other 4370408
Mark Bennett Obrien President 1 Feb 1987 75% - 100% 1631654
Elizabeth Burns O'brien Chief compliance officer 1 Jan 2004 Other 4370408

Based in Media

The principal office where Obrien Greene & Co Inc performs its advisory services is located at 218 W. State Street, Media, PA 19063, 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 610-891-7880 or by fax 610-891-7884. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at obriengreene.com.