Mcginn Investment Management Inc (Alexandria)

Name: Mcginn Investment Management Inc
Address: 277 S. Washington Street, Alexandria, VA, 22314
Telephone: 703-548-2555

Mcginn Investment Management Inc is a related adviser based in Alexandria. It manages $77.05 million of regulatory assets for 227 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Maryland, and Virginia.

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

Mcginn Investment Management: assets under management

The assets under management (AUM) of Mcginn Investment Management Inc is $77.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $77.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $339.45 thousand each.

Investments

The firm invests in 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 10% of the firm’s portfolio. Investments in investment and business development companies form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mcginn 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 Paul G. Pizzani serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Paul G. Pizzani is high net worth individuals with 226 clients and $51.06 million of assets under management. Among the 3 most similar advisory firms, Mcginn Investment Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $77.05 million for 227 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.

Mcginn Investment Management doesn't advise any private funds.

Careers at Mcginn Investment Management Inc

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Paul G. Pizzani has been acting as President since 1 Jan 1993. John W Timmons joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Gregory Pizzani	Director	1 Jan 1992	Other	2975006
Bernard Francis Mcginn	President	1 Nov 1992	75% - 100%	1062218
Paul G. Pizzani	Director	1 Jan 1993	Other	2975006
Paul Gregory Pizzani	Director	1 Jan 1993	Other	2975006
John P. Dessauer	Chairman	1 Jul 1999	Other	4362525
Edmund Wellington	Managing director	1 Sep 2001	Other	1130424
Morten Arntzen	Director	1 Dec 2001	Other	2374844
Christian Stanton Schade	Director	1 Dec 2001	Other	2797831
John Courtlandt Maxwell	Director	1 Dec 2001	Other	1348495
Alicia Hiler Broehl	Chief compliance officer	1 Oct 2004	Other	4335090
Alicia Jayne Hiler	Compliance officer	1 Oct 2004	Other	4335090
John W Timmons	Director	1 Dec 2014	Other	6468443
Ronald L Gainer	Director	1 Dec 2014	Other	6468444

Based in Alexandria

The principal office where Mcginn Investment Management Inc performs its advisory services is located at 277 S. Washington Street, Alexandria, VA 22314, 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 703-548-2555 or by fax 703-548-2556. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at mcginninvests.com.