Greenwood Pine Partners

CRD#314679
Investment Advisor Firm

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Learn more about Greenwood Pine Partners

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Greenwood Pine Partners operates as a financial advisory company headquartered in Memphis, Tennessee. The company handles $16.6 million in total assets over two client accounts. It has an average-sized group, including 14 financial advisors. Greenwood Pine Partners does not act as a registered broker-dealer, meaning the advisor is not able to buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are exchangable fiscal assets like stocks, options and bonds.

    Greenwood Pine Partners manages all of its client assets on a discretionary basis. Discretionary management is a structure in which buy and sell judgments for the client's account are made by an investment advisor without requiring client authorization. The advisory firm oversees roughly $8.3 million in assets for each account. The typical financial advisor at Greenwood Pine Partners administers fewer than one client account, making it one of the most individualized advisor firms in the country.

    Greenwood Pine Partners's headquarters is located at 6410 Poplar Avenue, Suite 900, Memphis, Tennessee 38119. It is permitted to provide services to clients in the state of Tennessee.

    Assets Under Management

    $16.6 million

    Number of Advisors

    14

    Disclosures

    No

    Office Location

    6410 Poplar Avenue, Suite 900
    Memphis, TN 38119

    Greenwood Pine Partners by the Numbers

    Total Assets Under Management

    $16.6 million

    National Average: $8.6 billion
    Total Number of Employees

    46

    National Average: 64
    Total Number of Accounts

    2

    National Average: 375,227
    Average Account Size

    $8.3 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees largely are based on which services the firm provides the client. However, fees billed by the firm typically consist of the following fee type: asset-based. The firm does not provide a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company provides services to state or municipal government entities. Out of its two accounts, Greenwood Pine Partners's biggest client group by number of accounts is state or municipal government entities. None of the company's clients are represented by non-U.S. persons.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Greenwood Pine Partners does not have any disclosures.

    Please visit its Form ADV for more details.

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