Crowley Wealth Management, Inc. (Wilmington)

Name: Crowley Wealth Management, Inc.
Address: 3201 B Millcreek Road, Wilmington, DE, 19808
Telephone: 302-994-4700

Crowley Wealth Management, Inc. is a large advisory firm based in Wilmington. It manages $244.73 million of regulatory assets for 900 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Delaware and Pennsylvania.

Crowley Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Crowley Wealth Management: assets under management

The assets under management (AUM) of Crowley Wealth Management, Inc. is $244.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 240% since the beginning of its operation, and $305.82 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $244.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.93 thousand each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in investment and business development companies form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crowley Wealth Management, 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 Frederick John Crowley serves?

The only and largest group of clients of Frederick John Crowley is individuals with 280 clients and $244.73 million of assets under management. Among the 11 most similar advisory firms, Crowley Wealth Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $244.73 million for 280 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.

Crowley Wealth Management doesn't advise any private funds.

Careers at Crowley Wealth Management, Inc.

The company employs 6 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.

Frederick John Crowley has been acting as President since 1 Nov 1986. Robert Alfanso Crowley joined the executive team most recently as the Vice President, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frederick John Crowley	President	1 Nov 1986	50% - 75%	1014529
Robert Alfanso Crowley	Vice-president, chief compliance officer	1 Nov 1986	50% - 75%	1219908

Based in Wilmington

The principal office where Crowley Wealth Management, Inc. performs its advisory services is located at 3201 B Millcreek Road, Wilmington, DE 19808, 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 302-994-4700 or by fax 302-994-9495. The normal business hours are 9:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at crowleywealthmanagement.com and its LinkedIn profile.