Godshalk Welsh Capital Management, Inc. (Radnor)

Name: Godshalk Welsh Capital Management, Inc.
Address: 170 N. Radnor Chester Rd, Radnor, PA, 19087 5221
Telephone: 610-971-0202

Godshalk Welsh Capital Management, Inc. is a large advisory firm based in Radnor. It manages $209.99 million of regulatory assets for 255 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, New Jersey, New York, Pennsylvania, and Texas.

Godshalk Welsh Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Godshalk Welsh Capital Management: assets under management

The assets under management (AUM) of Godshalk Welsh Capital Management, Inc. is $209.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $209.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $823.5 thousand each.

Godshalk Welsh Capital Management has custody of $23.95 million in cash and securities for 37 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 23% 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 Godshalk Welsh Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Godshalk Welsh Capital Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Godshalk Welsh Capital Management is high net worth individuals with 84 clients and $174.91 million of assets under management. Among the 9 most similar advisory firms, Godshalk Welsh Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $209.28 million for 117 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.

Godshalk Welsh Capital Management doesn't advise any private funds.

Careers at Godshalk Welsh Capital Management, Inc.

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates 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
Matthew William Welsh	President, chief compliance officer	1 Dec 2012	75% - 100%	2187819

Based in Radnor

The principal office where Godshalk Welsh Capital Management, Inc. performs its advisory services is located at 170 N. Radnor Chester Rd, Radnor, PA 19087 5221, 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 610-971-0202 or by fax 610-971-0683. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at godshalkwelsh.com.