Deroy & Devereaux Private Investment Counsel, Inc.

RIASEC Registered
Total AUM
$2.6B
Discretionary
$2.6B
100% of AUM
Avg account
$4.2M
Accounts
615
Employees
19
Advisory reps
12

Firm details

Headquarters
Bloomfield Hills, Michigan
CRD number
121560
Registered since
July 16, 2002
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI69.46%
  • State / Municipal Government12.94%
  • Pension & Profit Sharing Plans12.34%
  • Charitable Organizations5.27%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Deroy & Devereaux Private Investment Counsel, Inc. is an independent registered investment adviser founded and SEC-registered in 2002. The firm manages portfolios for wealthy individuals, families and institutional clients, providing discretionary portfolio management for both personal and business/institutional accounts. Its fee model combines percentage-of-assets charges with the option of fixed-fee arrangements. The firm’s reported investment preference tilts toward equities, with a primary use of exchange-traded instruments alongside bespoke managed accounts. Deroy & Devereaux is not positioned as a capital allocator in the sense of running a dedicated fund-of-funds platform, and it does not identify as an active ESG investor. Advisory services focus on traditional portfolio management rather than pension consulting or related-adviser networks.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 83%, Investment Grade Corp Bonds 8%, Cash & Cash Equivalents 4%, US Government Bonds 3%, State & Local Bonds 1%, Non-Investment Grade Corp Bonds 1%83%
  • Exchange Traded Equities83%
  • Investment Grade Corp Bonds8%
  • Cash & Cash Equivalents4%
  • US Government Bonds3%
  • State & Local Bonds1%

Owners & executives

2 of 2
  • Jeffrey Wardlow

    Jeffrey Wardlow

    Chief Investment Officer/Portfolio ManagerCRD 4608320

  • Mary Elizabeth Grabel

    Mary Elizabeth Grabel

    Chief Compliance OfficerCRD 2788526

Contacts

3 of 10
  • Sarah Schattner

    Sarah Schattner

    Director of Marketing & Client ServiceCRD 5762630

  • Michael Harris

    Michael Harris

    Portfolio ManagerCRD 4331821

  • Karl Knas

    Karl Knas

    Portfolio ManagerCRD 4365544

Unlock 7 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 31

Active vs passive

$42.9M in ETFs

Passive

95%

$40.8M

Active

3%

$2.1M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$7.8M10,41518.11%

Location

Primary office

Bloomfield Hills, MI

Oakland

Location

Bloomfield Hills, MI

Headquartered in Bloomfield Hills, MI, anchoring the Detroit-Warren-Ann Arbor, MI metro in the Midwest.

Metro area
Detroit-Warren-Ann Arbor, MI
Region
Midwest
County
Oakland
Address
40705 Woodward Ave
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth