Marsden John Richard Jr (Erie)


Marsden John Richard Jr is a large advisory firm based in Erie. It manages $34.95 million of regulatory assets for 190 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Pennsylvania.

Marsden John Richard Jr 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.

Marsden John Richard Jr: assets under management

The assets under management (AUM) of Marsden John Richard Jr is $34.95 million. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.65 million in discretionary accounts and $1.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $178.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.3 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Marsden John Richard Jr for their services and products based on a percentage of assets under management, hourly charges, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Marsden John Richard Jr

John Richard Marsden has been acting as President since 1 Jun 1991. John R. Marsden joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Richard Marsden President 1 Jun 1991 75% - 100% 2123525
John R. Marsden Owner 1 Jan 1994 75% - 100% xxx-xx-xxxx
John R. Marsden Chief compliance officer 1 Jan 2004 75% - 100% xxx-xx-xxxx
John Richard Marsden Chief compliance officer 1 Jan 2004 Other 2123525

Based in Erie

The principal office where Marsden John Richard Jr performs its advisory services is located at 1103 Powell Avenue, Erie, PA 16505, 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 814-836-1800 or by fax 814-836-1800. The normal business hours are 8:00am - 4:00pm on Monday - Friday.