Greatmark Investment Partners, Inc. (Columbus)

Name: Greatmark Investment Partners, Inc.
Address: 6001 River Rd, Columbus, GA, 31904 4556
Telephone: 706-327-2128

Greatmark Investment Partners, Inc. is a large advisory firm based in Columbus. It manages $401.87 million of regulatory assets for 764 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Georgia, Louisiana, Tennessee, and Texas.

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

Greatmark Investment Partners: assets under management

The assets under management (AUM) of Greatmark Investment Partners, Inc. is $401.87 million. The firm's AUM has grown by 646% since the beginning of its operation, and $6.28 million of the total AUM is attributable to clients outside of the United States.

The firm manages $364.55 million in discretionary accounts and $37.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $500.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.07 million.

Greatmark Investment Partners has custody of $73.18 million in cash and securities for 71 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is investment and business development companies, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greatmark Investment Partners, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Greatmark Investment Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Greatmark Investment Partners is high net worth individuals with 117 clients and $336.04 million of assets under management. Among the 11 most similar advisory firms, Greatmark Investment Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $401.87 million for 302 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Greatmark Investment Partners doesn't advise any private funds.

Careers at Greatmark Investment Partners, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Judith Guyot Adams	Secretary/treasurer	1 May 1987	Other	4332173
Jeffrey Guy Adams	President, chief compliance officer	1 Mar 2002	50% - 75%	2369218
Richard Barnett Illges	Vice president	1 Sep 2007	50% - 75%	2565806
Richard Barnett Illges	Vice president/secretary/treasurer	1 Sep 2013	50% - 75%	2565806

Based in Columbus

The principal office where Greatmark Investment Partners, Inc. performs its advisory services is located at 6001 River Rd, Columbus, GA 31904 4556, 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 706-327-2128 or by fax 706-327-7487. The normal business hours are 8:30 am to 5 pm on Monday - Friday. You can find more information about the New York firm at greatmarkonline.com.