Conway Investment Research, LLC (Saint Louis)

Name: Conway Investment Research, LLC
Address: 165 North Meramec, Saint Louis, MO, 63105
Telephone: 314-721-9696

Conway Investment Research, LLC is a large advisory firm based in Saint Louis. It manages $521.13 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Missouri.

Conway Investment Research provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Conway Investment Research: assets under management

The assets under management (AUM) of Conway Investment Research, LLC is $521.13 million. The firm's AUM has grown by 0% since the beginning of its operation, and $194.48 million of the total AUM is attributable to clients outside of the United States.

The firm manages $90.66 million in discretionary accounts and $430.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $45.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $107.62 million.

Conway Investment Research has custody of $406.38 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 43% of the firm’s portfolio. Investments in exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Conway Investment Research, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Conway Investment Research serves?

The only and largest group of clients of Conway Investment Research is pooled investment vehicles with 4 clients and $406.38 million of assets under management. Among the 9 most similar advisory firms, Conway Investment Research has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $406.38 million for 4 clients. 5% of the firm’s clients are foreign persons or businesses.

Conway Investment Research also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Conway Investment Research, LLC

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives 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
Thomas Steven Margulis	Principal	1 Jul 2010	Other	3150266
Thomas S. Margulis Family Trust Dated 10/8/10	Llc member	1 Jul 2010	25% - 50%	xxx-xx-xxxx
Richard D. Baur Revocable Trust Dtd 12/19/02	Llc member	1 Aug 2010	25% - 50%	xxx-xx-xxxx
Jeremy Evan Bell	Principal	1 Feb 2015	Other	2941943
2016 Jeremy Evan Bell Revocable Living Trust Dated July 8	Llc member	1 Feb 2015	Other	xxx-xx-xxxx
Roger Leo Brown	Principal, llc member	1 Jun 2016	Other	6583167
Warren Chandler Crawford Holmes	Chief compliance officer	1 Jul 2017	Other	6724038

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Douglass Baur	Trustee	1 Jul 2010	Other	2821749
Jeremy Evan Bell	Trustee	1 Jul 2016	Other	2941943

Based in Saint Louis

The principal office where Conway Investment Research, LLC performs its advisory services is located at 165 North Meramec, Saint Louis, MO 63105, 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 314-721-9696 or by fax 314-721-9697. The normal business hours are 8am-4pm on Monday - Friday. You can find more information about the New York firm at conwayir.com.