Global Portfolio Strategies, Inc. (Hartford)

Name: Global Portfolio Strategies, Inc.
Address: C/O Prudential Financial, Hartford, CT, 06103
Telephone: 860-534-7790

Global Portfolio Strategies, Inc. is a large advisory firm based in Hartford. It manages $4.26 billion of regulatory assets for 409 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Global Portfolio Strategies provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and services provided to non-qualified retirement plan sponsors. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Global Portfolio Strategies: assets under management

The assets under management (AUM) of Global Portfolio Strategies, Inc. is $4.26 billion. The firm's AUM has grown by 63% since the beginning of its operation, and $415.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.11 billion in discretionary accounts and $3.15 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $210.28 million.

Investments

The firm invests in other assets the most. They account for 96% of the total AUM. The second-largest asset type is investment and business development companies, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Global Portfolio Strategies, 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 Sean Samuel Mclaughlin serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Sean Samuel Mclaughlin is corporations or other businesses with 73 clients and $987.23 million of assets under management. Among the 12 most similar advisory firms, Global Portfolio Strategies has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.4 billion for 76 clients. 1% of the firm’s clients are foreign persons or businesses.

Global Portfolio Strategies doesn't advise any private funds.

Careers at Global Portfolio Strategies, Inc.

The company employs 61 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people 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 receive compensation from other entities for client referrals.

Sean Samuel Mclaughlin has been acting as President since 1 Jan 2012. Pamela Ann Gedman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Yong Kim	Director	1 Mar 2002	Other	2010539
George L Palms	President	1 Jun 2003	Other	1715920
Prudential Retirement Financial Services Holding Llc	Sole shareholder	1 Apr 2004	75% - 100%	22-3703799
Scott Garrett Sleyster	Director	1 Apr 2004	Other	3237223
Michael Robert Zarelli	Director	1 Apr 2004	Other	1780900
C Edward Chaplin	Treasurer	1 Apr 2004	Other	2744560
George Phillip Waldeck	Director	1 Apr 2004	Other	1282305
Kevin M. Lalor	Director	1 Apr 2004	Other	4676766
Steven Wieler	Functions as chief legal officer	1 Apr 2004	Other	4794791
Medina Katura Jett	Chief compliance officer	1 Apr 2004	Other	4790252
James Michael Oconnor	Director	1 Apr 2004	Other	1128952
Steven Edward Wieler	Functions as chief legal officer	1 Apr 2004	Other	4794791
John Thomas Fleurant	Director and chief financial officer	1 Dec 2004	Other	2683258
Christine Cannon Marcks	Director	1 Mar 2005	Other	2801693
Antoinette Cecilia Lazarus	Chief compliance officer	1 Sep 2005	Other	1532100
Joseph Edward Hess	Chief compliance officer	1 Jan 2007	Other	5273849
Joseph Hess	Chief compliance officer	1 Jan 2007	Other	5273849
Carlos Robert Mello	Director	1 Sep 2007	Other	4474539
Bradford Clair Melius	Functions as chief legal officer	1 Apr 2008	Other	4046871
Jill Spencer Honeycomb	Director	1 Feb 2009	Other	2304605
John James Kalamarides	Director	1 Dec 2009	Other	4430734
Scott Gaul	Director and chief financial officer	1 Dec 2009	Other	5773507
Robert Nicholas Merritt	Functions as chief legal officer	1 Apr 2010	Other	2473097
Laura Naujokas Stern	Director	1 May 2010	Other	4359984
Michael Brandt	Director	1 Dec 2010	Other	5908009
Robert Mclaughlin	Chief financial officer	1 Mar 2011	Other	5902823
Michael Anthony Pignatella	Corporate counsel	1 Dec 2011	Other	6012162
George A Castineiras	Chairman and director	1 Dec 2011	Other	2108311
James Wallace Mcinnes	Director	1 Dec 2011	Other	3184116
Sean Samuel Mclaughlin	Director	1 Jan 2012	Other	5491240
Dean Michael Molinaro	Director	1 Aug 2012	Other	4616291
Vincent Anthony Grillo	President and director	1 Aug 2012	Other	5862994
Joelle Renee Conley	Director	1 Sep 2013	Other	5852266
Susan Elizabeth Unvarsky	Director	1 Mar 2014	Other	2925588
Margaret Goodwin Mcdonald	Director	1 Jun 2014	Other	6370244
Stanley Andrew Lezon	Chief financial officer	1 Jun 2014	Other	5355637
James Wallace Mcinnes	Chairman and director	1 Jan 2015	Other	3184116
Jacqueline Jenkins	Director	1 Jun 2015	Other	6514162
Jacqueline Dicks Jenkins	Director	1 Jun 2015	Other	6514162
Bradley Alan Geissbuhler	Director	1 Dec 2015	Other	3115312
Brady Alan Geissbuhler	Director	1 Dec 2015	Other	3115312
John James Kalamarides	Chairman and director	1 Sep 2016	Other	4430734
Bradford Clair Melius	Corporate counsel	1 Nov 2016	Other	4046871
Michael Gerard Williamson	President	1 Sep 2017	Other	1828711
Harry Arthur Dalessio	Chairman and director	1 Sep 2017	Other	2649914
Srinivas Dharam Reddy	Director	1 Sep 2017	Other	2843385
Snezana Zlatar	Director	1 Apr 2018	Other	5107688
Pamela Ann Gedman	Chief compliance officer	1 Sep 2018	Other	4415014
Peter Jozef Puzio	Chief operations officer and director	1 Sep 2018	Other	2863743

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Prudential Financial	Sole member	1 Apr 2004	75% - 100%	22-3703799

Based in Hartford

The principal office where Global Portfolio Strategies, Inc. performs its advisory services is located at C/O Prudential Financial, Hartford, CT 06103, which is also the mailing address of the firm. An additional office of the firm is in Iselin, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-534-7790 or by fax 860-534-8756. The normal business hours are 8:00 am to 4:45 pm on Monday - Friday. You can find more information about the New York firm at prudential.com/prs.