Pierce Street Advisors, LLC is a large advisory firm based in Birmingham. It manages $26.5 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Michigan.
Pierce Street Advisors provides pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pierce Street Advisors, LLC is $26.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Pierce Street Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
Enrique Chang has been acting as President since 1 May 2005. John Stanard Adams has served as the Chief Investment Officer since 1 May 2005. James Michael Hennessy joined the executive team most recently as the Director.
The principal office where Pierce Street Advisors, LLC performs its advisory services is located at 480 Pierce Street, Birmingham, MI 48009, 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 248-647-9200 or by fax 248-644-6361. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday.