Montgomery Brothers Inc (Bethesda)

Name: Montgomery Brothers Inc
Address: 4720 Montgomery Lane, Bethesda, MD, 20814
Telephone: 301-652-6950

Montgomery Brothers Inc is a large advisory firm based in Bethesda. It manages $96.23 million of regulatory assets for 138 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of District of Columbia, Maryland, Michigan, Nebraska, and Virginia.

Montgomery Brothers provides portfolio management for individuals and small businesses 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.

Montgomery Brothers: assets under management

The assets under management (AUM) of Montgomery Brothers Inc is $96.23 million. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $95 million in discretionary accounts and $1.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $698.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $611.33 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Montgomery Brothers 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.

Careers at Montgomery Brothers Inc

Montgomery Brothers Inc is owned by Patricia Joy Hale. Susan Leonard Bayly joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Edward Montgomery	President, director	1 Feb 1999	25% - 50%	808621
Mark Julian Montgomery	Exec vp, director	1 Jun 1999	Other	1064981
Patricia Joy Hale	Owner	1 Jun 1999	Other	4373450
Bruce Gordon Labaw	Asst. treas, asst. vp	1 Jul 1999	Other	4373455
Susan Leonard Bayly	Owner	1 Apr 2000	Other	4376349

Based in Bethesda

The principal office where Montgomery Brothers Inc performs its advisory services is located at 4720 Montgomery Lane, Bethesda, MD 20814, 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 301-652-6950 or by fax 301-652-6954. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.montgomerybros.com.