Mitchell Sinkler & Starr Inc (Philadelphia)

Name: Mitchell Sinkler & Starr Inc
Address: Two Penn Center Plaza, Philadelphia, PA, 19102
Telephone: 215-665-1450

Mitchell Sinkler & Starr Inc is a large advisory firm based in Philadelphia. It manages $1.03 billion of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Delaware, Florida, and 8 other states.

Mitchell Sinkler & Starr provides portfolio management for individuals and small businesses 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.

Mitchell Sinkler & Starr: assets under management

The assets under management (AUM) of Mitchell Sinkler & Starr Inc is $1.03 billion. The firm's AUM has gone down by -11% since the beginning of its operation, and $7.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $127.59 million in discretionary accounts and $904.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.36 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.36 million.

Mitchell Sinkler & Starr has custody of $707.76 million in cash and securities for 170 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is state and local bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mitchell Sinkler & Starr 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 William Wood Wylie serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of William Wood Wylie is high net worth individuals with 215 clients and $986.45 million of assets under management. Among the 8 most similar advisory firms, Mitchell Sinkler & Starr has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.03 billion for 224 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Mitchell Sinkler & Starr doesn't advise any private funds.

Careers at Mitchell Sinkler & Starr Inc

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No 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.

William Wood Wylie has been acting as President since 1 Jan 2002. William David Wilson joined the executive team most recently as the Portfolio Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lynne Vincent	Treasurer	1 Jan 1985	Other	4649374
Isaac Tatnall Starr	President	1 Jan 1996	25% - 50%	4334838
Nicholas Wood Carper	Portfolio manager	1 Jan 1996	Other	4334883
Nicholas Wood Carper	Vice president & secretary	1 Jan 1997	25% - 50%	4334883
Harry Thorndike Hare	Secretary	1 Jan 2000	Other	237000
William Wood Wylie	President	1 Jan 2002	25% - 50%	4334866
Mary Lou Blatteau	Treasurer	1 Jan 2005	Other	4929327
Nancy Marcella Haegele	Chief compliance officer	1 Nov 2005	Other	5062801
Nancy Marcella Bodor	Chief compliance officer	1 Nov 2005	Other	5062801
William Gregory Richardson	Vice president	1 Jan 2007	Other	4942867
W. Gregory Richardson	Portfolio manager	1 Jan 2007	Other	4942867
William David Wilson	Portfolio manager	1 Apr 2017	Other	4995131
Heather Flick Mcmeekin	Portfolio manager	1 Apr 2017	Other	2628517

Based in Philadelphia

The principal office where Mitchell Sinkler & Starr Inc performs its advisory services is located at Two Penn Center Plaza, Philadelphia, PA 19102, 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 215-665-1450 or by fax 215-561-0808. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at mssadvisors.com.