Exeter Property Group, LLC (Conshohocken)


Exeter Property Group, LLC is a large advisory firm based in Conshohocken. It manages $6.15 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Pennsylvania.

Exeter Property Group provides portfolio management for pooled investment vehicles 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.

Exeter Property Group: assets under management

The assets under management (AUM) of Exeter Property Group, LLC is $6.15 billion. The firm's AUM has grown by 748% since the beginning of its operation, and $1.04 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.57 billion in discretionary accounts and $1.58 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.14 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $394.46 million.
Exeter Property Group has custody of $167.87 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Exeter Property Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Exeter Property Group serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, and sovereign wealth funds and foreign official institutions. The largest group of clients of Exeter Property Group is pooled investment vehicles with 11 clients and $6.15 billion of assets under management. Among the 9 most similar advisory firms, Exeter Property Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.15 billion for 17 clients. 24% of the firm’s clients are foreign persons or businesses.

Exeter Property Group also advises several private funds. Namely, nine real estate funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Exeter Property Group, LLC

The company employs 152 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 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
Edward (Ward) Fitzgerald Managing principal, ceo 1 Aug 2006 25% - 50% 6031538
Timothy J Weber Managing principal 1 Aug 2006 25% - 50% 6031539
Edward Joseph Fitzgerald Managing member, ceo 1 Aug 2006 25% - 50% 6031538
Timothy Joseph Weber Managing member, cfo 1 Aug 2006 25% - 50% 6031539
Robert Jones Senior principal 1 Aug 2008 Other 6031540
Robert David Jones Senior principal, member 1 Aug 2008 Other 6031540
Jennifer Matthews Fund real estate counsel, cco 1 Aug 2008 Other 6031541
Brian M. Fogarty Fund real estate counsel, cco 1 Nov 2012 Other 6180439
Brian Michael Fogarty Fund real estate counsel 1 Nov 2012 Other 6180439
Brian Fogarty Fund real estate counsel 1 Nov 2012 Other 6180439
Barry Eamon Breen Chief compliance officer 1 May 2016 Other 6697996

Based in Conshohocken

The principal office where Exeter Property Group, LLC performs its advisory services is located at 101 W. Elm Street, Conshohocken, PA 19428, 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 610-828-3200 or by fax 610-828-5550. The normal business hours are 9am-5pm est on Monday - Friday. You can find more information about the New York firm at exeterpg.com and its LinkedIn profile.