General Partner, Inc. (Pittsburgh)

General Partner, Inc. is a large advisory firm based in Pittsburgh. It manages $120.3 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Pennsylvania.

General Partner provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and financial consulting not resulting in a financial plan. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

General Partner: assets under management

The assets under management (AUM) of General Partner, Inc. is $120.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.04 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay General Partner, Inc. for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at General Partner, 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
Patrick Timothy Hegarty	Presdient and chief compliance officer	1 Apr 2019	75% - 100%	7100261

Based in Pittsburgh

The principal office where General Partner, Inc. performs its advisory services is located at 271 Mabrick Avenue, Pittsburgh, PA 15228, 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 412-302-8641. The normal business hours are 9:00 to 5:00 on Monday - Friday.