Private Harbour Investment Management & Counsel LLC. (Pepper Pike)

Name: Private Harbour Investment Management & Counsel LLC.
Address: 29525 Chagrin Boulevard, Ste. 110, Pepper Pike, OH, 44122 4601
Telephone: 216-292-5700

Private Harbour Investment Management & Counsel LLC. is a large advisory firm based in Pepper Pike. It manages $170.47 million of regulatory assets for 418 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Florida, Michigan, Ohio, and Texas.

Private Harbour Investment Management & Counsel provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Private Harbour Investment Management & Counsel: assets under management

The assets under management (AUM) of Private Harbour Investment Management & Counsel LLC. is $170.47 million. The firm's AUM has gone down by -21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $166.13 million in discretionary accounts and $4.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $406.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $481.74 thousand.

Private Harbour Investment Management & Counsel has custody of $21.38 million in cash and securities for 39 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Private Harbour Investment Management & Counsel LLC. 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 Private Harbour Investment Management & Counsel serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Private Harbour Investment Management & Counsel is high net worth individuals with 65 clients and $111.1 million of assets under management. Among the 7 most similar advisory firms, Private Harbour Investment Management & Counsel has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $169.58 million for 197 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.

Private Harbour Investment Management & Counsel doesn't advise any private funds.

Careers at Private Harbour Investment Management & Counsel LLC.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 4 people 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
James Alan Blue	Principal - cio	1 Mar 2008	25% - 50%	2703373
Mary Anne Vilyus	Chief compliance officer	1 Mar 2008	Other	5512185
Geofrey John Greenleaf	Managing principal - ceo	1 Mar 2008	50% - 75%	4347754
James Alan Blue	Managing member - ceo - cco	1 Jan 2014	50% - 75%	2703373
Geofrey John Greenleaf	Member - ceo	1 Jan 2014	25% - 50%	4347754
James Alan Blue	Managing member - ceo - cco	1 Mar 2015	50% - 75%	2703373
Mary Anne Vilyus	Compliance associate	1 Mar 2015	Other	5512185
Geofrey John Greenleaf	Member - chairman	1 Mar 2015	25% - 50%	4347754
Geofrey John Greenleaf	Member - chairman - cco	1 Mar 2017	25% - 50%	4347754

Based in Pepper Pike

The principal office where Private Harbour Investment Management & Counsel LLC. performs its advisory services is located at 29525 Chagrin Boulevard, Ste. 110, Pepper Pike, OH 44122 4601, 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 216-292-5700 or by fax 216-292-5719. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at privateharbour.com.