Falmouth Investment Company, Inc. (Shaker Heights)


Falmouth Investment Company, Inc. is a large advisory firm based in Shaker Heights. It manages $407.29 million of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Ohio.

Falmouth Investment Company provides portfolio management for pooled investment vehicles, selection of other advisers, and selection of investment managers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Falmouth Investment Company: assets under management

The assets under management (AUM) of Falmouth Investment Company, Inc. is $407.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 105% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $407.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.34 million each.
Falmouth Investment Company has custody of $407.29 million in cash and securities for 33 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Falmouth Investment Company, Inc. 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 Terence Sullivan serves?

The only and largest group of clients of Terence Sullivan is pooled investment vehicles with 33 clients and $407.29 million of assets under management. Among the 12 most similar advisory firms, Falmouth Investment Company has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $407.29 million for 33 clients. None of the firm’s clients are foreign persons or businesses.

Falmouth Investment Company also advises several private funds. Namely, six hedge funds, seven real estate funds, and twenty private equity funds. The minimum investment commitment required of non-related persons ranges from $2,500 to $250,000.

Careers at Falmouth Investment Company, Inc.

Terence Sullivan has been acting as President since 1 Jan 1997. Susanne Marie Powers joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Terence Conway Sullivan President & treasurer 1 Oct 1996 50% - 75% 2642168
Terence Sullivan President 1 Jan 1997 75% - 100% 2642168
Hedwig Teresa Demsey Vice president 1 Jan 2001 Other 4356444
Susanne Marie Powers Chief compliance officer 1 Dec 2004 Other 4937751
Christine Louise Jemison Co-president & secretary 1 Oct 2007 25% - 50% 5451961
Terence Conway Sullivan President & treasurer 1 Oct 2007 75% - 100% 2642168
Susanne Marie Powers Senior v.p., secretary & co-chief compliance officer 1 Oct 2007 Other 4937751
Scott Jeffrey Swain Senior v.p. & ass't secretary 1 Oct 2007 Other 4009245
Christopher John Clair Co-chief compliance officer 1 Jan 2009 Other 5656217
Christopher John Clair Chief compliance officer 1 Aug 2009 Other 5656217
Susanne Marie Powers Chief compliance officer 1 Feb 2014 Other 4937751

Based in Shaker Heights

The principal office where Falmouth Investment Company, Inc. performs its advisory services is located at 3401 Tuttle Road, Shaker Heights, OH 44122, 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 216-491-3990 or by fax 216-491-3995. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at paragonadvisors.net.