Presidential Brokerage, Inc. (Greenwood Village)


Presidential Brokerage, Inc. is a large advisory firm based in Greenwood Village. It manages $104.7 million of regulatory assets for 1,001 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 5 other states.

Presidential Brokerage provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Presidential Brokerage: assets under management

The assets under management (AUM) of Presidential Brokerage, Inc. is $104.7 million. The firm's AUM has grown by 9% since the beginning of its operation, and $265.79 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $12.23 million in discretionary accounts and $92.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $110.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $103.9 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 71% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Presidential Brokerage, 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 Presidential Brokerage serves?

The only and largest group of clients of Presidential Brokerage is individuals with 1,000 clients and $96.27 million of assets under management. Among the 8 most similar advisory firms, Presidential Brokerage has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $96.27 million for 1,000 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.

Presidential Brokerage doesn't advise any private funds.

Careers at Presidential Brokerage, Inc.

The company employs 24 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 15 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
Daniel George Lempe President, treasurer 1 Jun 1991 25% - 50% 1265798
John Albert Dupriest Ceo, secretary, director 1 Feb 1998 Other 1507989
Anthony Joseph Campen Chief compliance officer, crop 1 Nov 2000 Other 1959903
Michael Wayne Speer Vice president, director, srop 1 Nov 2000 Other 2414155
Michele George Savarese Shareholder 1 Jan 2003 Other 1241811
Dean Anthony Vernoia Chief operating officer, director 1 Jul 2017 Other 1723925
Gary Joel Nemer Shareholder, director 1 Jan 2018 Other 6575324
Scott Christopher Winters Shareholder 1 Jan 2018 Other 2598188
William Robert Nelson Shareholder 1 Jan 2018 Other 4797755
Brad Allen Dowell Finop 1 Jul 2018 Other 1308189

Based in Greenwood Village

The principal office where Presidential Brokerage, Inc. performs its advisory services is located at 5445 Dtc Pkwy, Greenwood Village, CO 80111, which is also the mailing address of the firm. An additional office of the firm is in New Smyrna Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-694-1600 or by fax 303-694-9185. The normal business hours are 7:30 am - 4 pm on Monday - Friday. You can find more information about the New York firm at presidentialwm.com.