Ayrshire Capital Management LLC (Westport)

Name: Ayrshire Capital Management LLC
Address: 136 Main Street, Westport, CT, 06880
Telephone: 203-349-5600

Ayrshire Capital Management LLC is a large advisory firm based in Westport. It manages $124.54 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, New York, and Rhode Island.

Ayrshire Capital Management 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.

Ayrshire Capital Management: assets under management

The assets under management (AUM) of Ayrshire Capital Management LLC is $124.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 212% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $124.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $662.46 thousand each.

Ayrshire Capital Management has custody of $15.64 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ayrshire Capital Management LLC 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 Ayrshire Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ayrshire Capital Management is high net worth individuals with 63 clients and $118.68 million of assets under management. Among the 8 most similar advisory firms, Ayrshire Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $119.86 million for 71 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.

Ayrshire Capital Management doesn't advise any private funds.

Careers at Ayrshire Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Merritt Nevin	Managing member & chief compliance officer	1 Apr 2011	50% - 75%	4346245
William Joseph Ryan	Member	1 Dec 2018	25% - 50%	3108653

Based in Westport

The principal office where Ayrshire Capital Management LLC performs its advisory services is located at 136 Main Street, Westport, CT 06880 The mailing address of the firm is 136 Main Street, Westport, CT 06880. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-349-5600 or by fax 203-349-5599. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at ayrshirecapital.com.