Grecu Capital Management, Inc. (Roseville)


Grecu Capital Management, Inc. is a large advisory firm based in Roseville. It manages $122.69 million of regulatory assets for 263 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of California.

Grecu Capital Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Grecu Capital Management: assets under management

The assets under management (AUM) of Grecu Capital Management, Inc. is $122.69 million. The firm's AUM has grown by 300% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.15 million in discretionary accounts and $7.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $444.6 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.89 million.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Grecu Capital 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 Jerrold Allen Grecu serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jerrold Allen Grecu is high net worth individuals with 29 clients and $93.78 million of assets under management. Among the 8 most similar advisory firms, Grecu Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $122.69 million for 78 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.

Grecu Capital Management doesn't advise any private funds.

Careers at Grecu Capital Management, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Jerrold Allen Grecu President/chief compliance officer 1 Jan 2002 75% - 100% 2182066

Based in Roseville

The principal office where Grecu Capital Management, Inc. performs its advisory services is located at 970 Reserve Drive, Roseville, CA 95678, 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 888-504-7328 or by fax (916) 262-7507. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at grecucapital.com.