Public Trust Advisors, LLC (Denver)

Name: Public Trust Advisors, LLC
Address: 717 17 Th Street, Denver, CO, 80202
Telephone: 855-395-3954

Public Trust Advisors, LLC is a large advisory firm based in Denver. It manages $32.77 billion of regulatory assets for 69 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Public Trust Advisors provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Public Trust Advisors: assets under management

The assets under management (AUM) of Public Trust Advisors, LLC is $32.77 billion. The firm's AUM has grown by 893% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $28.77 billion in discretionary accounts and $4 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $625.35 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.87 million.

Public Trust Advisors has custody of $24.85 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 81% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Public Trust Advisors, LLC for their services and products based on a percentage of assets under management and 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.

What kind of clients Gregory Stuart Wright serves?

The firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of Gregory Stuart Wright is pooled investment vehicles with 7 clients and $24.85 billion of assets under management. Among the 6 most similar advisory firms, Public Trust Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $32.75 billion for 68 clients. None of the firm’s clients are foreign persons or businesses.

Public Trust Advisors doesn't advise any private funds.

Careers at Public Trust Advisors, LLC

The company employs 56 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 don’t receive compensation from other entities for client referrals.

Gregory Stuart Wright has been acting as President since 1 Jun 2014. Randy S. Palomba has served as the Chief Investment Officer since 1 Sep 2011 and Thomas Jordan is the Chief Executive Officer of Public Trust Advisors, LLC family office. Stephen J Dixon joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randy Scott Palomba	Chief financial officer	1 Sep 2011	Other	703954
Randy S. Palomba	Chief investment officer	1 Sep 2011	Other	703954
Gregory Stuart Wright	Managing member	1 Sep 2011	50% - 75%	5983237
Barry Scott Howsden	Chief compliance officer	1 Dec 2011	Other	2625978
Barry S. Howsden	Chief compliance officer	1 Dec 2011	Other	2625978
John Francis Grady	Managing director	1 Apr 2012	Other	3113713
John F. Grady	Managing director	1 Apr 2012	Other	3113713
Thomas Norbert Tight	Managing director	1 May 2012	Other	2057715
Thomas N. Tight	Managing director	1 May 2012	Other	2057715
Thomas Jordan	President	1 Sep 2012	Other	2270062
John Francis Grady	Managing director	1 Jan 2013	Other	3113713
Thomas Norbert Tight	Managing director	1 Jan 2013	Other	2057715
Thomas Jordan	President	1 Sep 2013	Other	2270062
Christopher Michael Debow	Managing director	1 Jan 2014	Other	3254416
Christopher M. Debow	Managing director	1 Jan 2014	Other	3254416
Gregory Stuart Wright	President	1 Jun 2014	Other	5983237
Thomas Jordan	Chief executive officer	1 Jun 2014	Other	2270062
Gregory S. Wright	President	1 Jun 2014	Other	5983237
Thomas D. Jordan	Chief executive officer	1 Jun 2014	Other	2270062
Stephen J Dixon	Director	1 Apr 2015	Other	6635074

Based in Denver

The principal office where Public Trust Advisors, LLC performs its advisory services is located at 717 17 Th Street, Denver, CO 80202, which is also the mailing address of the firm. An additional office of the firm is in Orlando, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-395-3954 or by fax 877-311-0220. The normal business hours are 7:30 am - 4:00 pm mst on Monday - Friday. You can find more information about the New York firm at publictrustadvisors.com.