The DREXEL MORGAN GROUP is a privately held investment adviser that advises $680.85mn in regulatory assets under management held in 0 SEC fund types across 1 investment strategies. DREXEL MORGAN GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets decreased by 62.37% over the last 5-years.
The Group has been registered with the SEC for 43.31 years and is comprised of 2 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at THREE RADNOR CORPORATE CENTER SUITE 450, RADNOR, PA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 48 employees comprised of 28 investment and 20 non-investment staff. The total number of Employees decreased by 20% over the last 5-years.
Their $680.85mn in assets advised are owned by 0 private funds, 1 public fund and BDCs and 6 other accounts. Assets of Investment Companies (IC) clients own $651mn or 95.62% of Total Assets and Charitable Organizations own $3.49mn or 0.51% of Total Assets.
The Group's top investment strategies include Long/Short Equity, representing 100% of total assets, respectively.
They advise 2 types of clients, top clients are Investment Companies (IC) and Charitable Organizations.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees.
DREXEL MORGAN GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In DREXEL MORGAN GROUP's case, they have 10 business conditions that require high process maturity and 0 Watch Factors.