Court Place Advisors LLC (Ellicott City)


Court Place Advisors LLC is a large advisory firm based in Ellicott City. It manages $292.91 million of regulatory assets for 325 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Maryland, New Hampshire, and 3 other states.

Court Place Advisors 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.

Court Place Advisors: assets under management

The assets under management (AUM) of Court Place Advisors LLC is $292.91 million. The firm's AUM has grown by 602% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $273.52 million in discretionary accounts and $19.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $927.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $646.27 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Court Place Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Court Place Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Court Place Advisors is high net worth individuals with 75 clients and $184.39 million of assets under management. Among the 9 most similar advisory firms, Court Place Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $292.91 million for 325 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.

Court Place Advisors doesn't advise any private funds.

Careers at Court Place Advisors LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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
Robert James Wieder Member 1 May 1998 25% - 50% 4366284
John Francis Santry Managing member 1 May 1998 50% - 75% 866674
Bernadette Mary Zabel Chief compliance officer 1 Jun 2004 Other 4855560
Benjamin Henry Dorsey Member 1 Nov 2015 Other 6319833

Based in Ellicott City

The principal office where Court Place Advisors LLC performs its advisory services is located at 3300 North Ridge Road, Ellicott City, MD 21043, which is also the mailing address of the firm. An additional office of the firm is in Towson, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-465-4321 or by fax 410-750-9407. The normal business hours are 9:00a.m.-5:00p.m. on Monday - Friday. You can find more information about the New York firm at courtplaceadvisors.com.