Gray Investment Management LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$7,462,585
This total excludes 4 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
26
58% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
26
TypicalAverage account size
$287,023
About
Gray Investment Management provides discretionary portfolio management and investment supervisory services to individuals, high‑net‑worth clients, pension and profit‑sharing plans, corporations and other institutional clients. The firm also offers access to special‑situation investments — including initial public offerings, mutual bank conversions and private placements — to qualified investors.
The firm documents client goals and constraints in an Investment Policy Statement and constructs portfolios using a mix of Core, Focused and Special Situation positions, with routine monitoring and rebalancing. It employs both fundamental and technical analysis and, for qualified accounts, implements hedging and tactical strategies using leveraged/inverse ETFs, options, short sales and margin borrowing under its discretionary authority.
Notable differences from many independent advisers include the use of performance‑based fees for qualified investors on special‑situation mandates and the explicit acceptance of corporate, pension/plan and institutional clients. The firm discloses the use of borrowing and derivatives in client accounts, limits leveraged/inverse ETF exposure for hedging, and manages roughly $12 million in discretionary assets across a relatively small number of accounts.
Client services
Portfolio management
Expertise
Private / alternative investments
Fee options
$1 - $1,000,000: 2.00% $1,000,001 - $3,000,000: 1.50% $3,000,001 - $5,000,000: 1.00% $5,000,001+: 0.85%
For Special Situation Investments, 2.00% base asset management fee plus 16% to 20% performance fee on net profits based on high-water mark
Account minimum: $5,000
Main office location
Gray Investment Management LLC
West Chester PA, United States
Number of offices
1
Most active in
Gray Investment Management LLC has reported serving >5 clients in these states in the last 12 months.
Pennsylvania
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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