Greytown Advisors Inc. is a large advisory firm based in Miami. It manages $587.3 million of regulatory assets for 71 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Florida.
Greytown Advisors provides portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and sub-advisor to offshore long only funds, consulting for financial institutions. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as consulting to family groups & foreign fin. inst..
The assets under management (AUM) of Greytown Advisors Inc. is $587.3 million. The firm's AUM has grown by 129% since the beginning of its operation, and $557.05 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Greytown Advisors Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Marcello Correa is high net worth individuals with 47 clients and $532.66 million of assets under management. Among the 11 most similar advisory firms, Greytown Advisors has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $532.66 million for 47 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 89% of the firm’s clients are foreign persons or businesses.
Greytown Advisors doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Marcello Correa has been acting as President since 1 Dec 2012. Luis Antonio Samayoa joined the executive team most recently as the Director.
The principal office where Greytown Advisors Inc. performs its advisory services is located at 1221 Brickell Avenue, Miami, FL 33131, 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 305-901-1600 or by fax 786-220-8834. The normal business hours are 8:30 - 18:00 on Monday - Friday. You can find more information about the New York firm at greytownadvisors.com/.