Global Portfolio Strategies, Inc. is a large advisory firm based in Hartford. It manages $4.26 billion of regulatory assets for 409 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Global Portfolio Strategies provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and services provided to non-qualified retirement plan sponsors. 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 Global Portfolio Strategies, Inc. is $4.26 billion. The firm's AUM has grown by 63% since the beginning of its operation, and $415.96 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Global Portfolio Strategies, Inc. for their services and products based on a percentage of assets under management and fixed 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.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Sean Samuel Mclaughlin is corporations or other businesses with 73 clients and $987.23 million of assets under management. Among the 12 most similar advisory firms, Global Portfolio Strategies has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $1.4 billion for 76 clients. 1% of the firm’s clients are foreign persons or businesses.
Global Portfolio Strategies doesn't advise any private funds.
The company employs 61 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 6 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Sean Samuel Mclaughlin has been acting as President since 1 Jan 2012. Pamela Ann Gedman joined the executive team most recently as the Chief Compliance Officer.
The principal office where Global Portfolio Strategies, Inc. performs its advisory services is located at C/O Prudential Financial, Hartford, CT 06103, which is also the mailing address of the firm. An additional office of the firm is in Iselin, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 860-534-7790 or by fax 860-534-8756. The normal business hours are 8:00 am to 4:45 pm on Monday - Friday. You can find more information about the New York firm at prudential.com/prs.