Morley Capital Management, Inc. (Portland)


Morley Capital Management, Inc. is a large advisory firm based in Portland. It manages $17.01 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Oregon.

Morley Capital Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Morley Capital Management: assets under management

The assets under management (AUM) of Morley Capital Management, Inc. is $17.01 billion. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $13.73 billion in discretionary accounts and $3.29 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $915.15 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.64 billion.

Investments

The firm invests in other assets the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Morley 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 James Patrick Mccaughan serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of James Patrick Mccaughan is pooled investment vehicles with 9 clients and $11.85 billion of assets under management. Among the 5 most similar advisory firms, Morley Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.59 billion for 16 clients. None of the firm’s clients are foreign persons or businesses.

Morley Capital Management doesn't advise any private funds.

Careers at Morley Capital Management, Inc.

The company employs 27 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

James Patrick Mccaughan has been acting as President since 1 Aug 2007. William Matt Finley has served as the Chief Investment Officer since 1 Apr 2010. Patrick Gregory Halter joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Karen Lynn Mcafee Chief operating officer 1 Dec 1998 Other 3024271
Jill Rembie Cuniff Director, president, chief investment officer 1 Dec 2000 Other 3210327
Inc. Morley Financial Services Parent company of applicant 1 Dec 2001 75% - 100% 93-0856417
James Patrick Mccaughan Chairman 1 Aug 2007 Other 3074797
Jill Hittner Chief financial officer 1 Aug 2007 Other 5309846
Daniel Joseph Houston Director 1 Aug 2007 Other 1354200
David Michael Blake Director 1 Aug 2007 Other 1836343
Alexander Williams Ghazanfari Chief compliance officer 1 Aug 2007 Other 2839469
Karen Elizabeth Shaff General counsel and secretary 1 Feb 2008 Other 4343508
Charles Moon Chief investment officer 1 Aug 2008 Other 4025603
Martin Joseph Schafer Director of sales & marketing 1 Jan 2009 Other 2322201
Ellen W Shumway Director 1 Feb 2009 Other 5590172
Timothy Emil Stumpff Director, president 1 Sep 2009 Other 5701042
William Matt Finley Director/chief investment officer 1 Apr 2010 Other 5783584
Ronald William Heath President 1 Jan 2011 Other 3029997
Barbara Mckenzie Director/vice president 1 Jan 2011 Other 4355260
Gregory John Burrows Director 1 Aug 2011 Other 1689805
Jeffrey Hiller Chief compliance officer 1 Mar 2014 Other 2612970
Deanna Strable Director 1 Mar 2015 Other 6467090
Kathryn Lynn Jones Chief compliance officer 1 Mar 2017 Other 6768341
Principal Global Investors Holding Company Us Llc Parent company of applicant 1 May 2017 75% - 100% 81-5287564
Patrick Gregory Halter Director 1 Sep 2017 Other 4372565
Elizabeth Strand Brady Director 1 Sep 2017 Other 6928688

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Principal Financial Group Inc. 100% owner 1 Oct 2001 75% - 100% 42-1520346
Principal Financial Services Inc. 100% owner 1 Aug 2007 75% - 100% 42-1520348
Principal Financial Services Inc. 100% owner 1 Feb 2017 75% - 100% 42-1520348

Based in Portland

The principal office where Morley Capital Management, Inc. performs its advisory services is located at 1300 Sw Fifth Avenue, Portland, OR 97201 5602, 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 503-484-9300 or by fax 866-319-6658. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at member.morley.com/.