Greylin Investment Management Inc (Orange)

Greylin Investment Management Inc is a large advisory firm based in Orange. It manages $457.74 million of regulatory assets for 1,015 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Texas and Virginia.

Greylin Investment Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greylin Investment Management: assets under management

The assets under management (AUM) of Greylin Investment Management Inc is $457.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 289% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $457.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $450.98 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Greylin Investment Management 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 Greylin Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Greylin Investment Management is high net worth individuals with 114 clients and $385.11 million of assets under management. Among the 11 most similar advisory firms, Greylin Investment Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $441.66 million for 271 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.

Greylin Investment Management doesn't advise any private funds.

Careers at Greylin Investment Management Inc

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
David Gregory Parkinson	Cfo, ceo, chief compliance officer	1 Dec 1992	75% - 100%	2307888

Based in Orange

The principal office where Greylin Investment Management Inc performs its advisory services is located at 12490 Greylin Way, Orange, VA 22960, 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 540-661-0191 or by fax 540-661-0291. The normal business hours are 8 am to 6 pm on Monday - Friday.