Greenwood Gearhart Inc. (Fayetteville)

Name: Greenwood Gearhart Inc.
Address: 26 E Center St, Fayetteville, AR, 72701 4278
Telephone: 479-521-5353

Greenwood Gearhart Inc. is a large advisory firm based in Fayetteville. It manages $462.81 million of regulatory assets for 1,247 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arkansas, California, Florida, and 5 other states.

Greenwood Gearhart provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenwood Gearhart: assets under management

The assets under management (AUM) of Greenwood Gearhart Inc. is $462.81 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 187% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $462.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $371.14 thousand each.

Greenwood Gearhart has custody of $284.21 million in cash and securities for 371 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Greenwood Gearhart 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 Mary Ann Greenwood serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mary Ann Greenwood is high net worth individuals with 110 clients and $284.96 million of assets under management. Among the 8 most similar advisory firms, Greenwood Gearhart has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $462.81 million for 529 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.

Greenwood Gearhart doesn't advise any private funds.

Careers at Greenwood Gearhart Inc.

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 6 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 receive compensation from other entities for client referrals.

Mary Ann Greenwood has been acting as President since 1 Apr 2013. Janet Denise Anderson joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mary Ann Greenwood	President	1 Jul 1982	75% - 100%	2328429
Linda A Batson	Chief compliance officer	1 Sep 2009	Other	5714110
George B Gearhart	Vice president	1 Apr 2010	Other	4843244
Mary Ann Greenwood	Chairman	1 Apr 2013	50% - 75%	2328429
George B Gearhart	President and chief compliance officer	1 Apr 2013	50% - 75%	4843244
Janet Denise Anderson	Chief compliance officer	1 Dec 2018	Other	4571731

Based in Fayetteville

The principal office where Greenwood Gearhart Inc. performs its advisory services is located at 26 E Center St, Fayetteville, AR 72701 4278 The mailing address of the firm is Post Office Box 4278, Fayetteville, AR 72702 4278. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 479-521-5353 or by fax 479-521-5300. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at greenwoodgearhart.com.