Business Description

Centre St. specializes in the discretionary management of long term assets, primarily for individuals. Clients have historically enjoyed good results over longer periods, with very low portfolio turnover, and correspondingly low trading costs and tax implications.

We seek to construct portfolios using securities that we believe to be significantly undervalued. Popular terms such as "growth," "value," "large cap," "small cap," etc. have little meaning for us. Our objective, ideally, is to invest in companies for unlimited periods of time. We pay no attention to short-term fluctuations in the prices of securities, except as they may provide opportunities to buy or sell. We also pay little heed to what other market participants may be doing, nor do we have any interest in the direction of the markets.

We seek to develop long term-preferably lifetime-client relationships in which clients find that ours is an old-fashioned business, one which is responsive to their needs and questions.

General Information

Gender:

Male

CRD#:

1163901

SEC File#:

801-45944

States Licensed in:

Massachusetts

States Willing to do Business in:

Any

Years of Experience in Financial Services:

Number of Years with Current Firm:

I work with the following types of clients:

endowments, Individual Investors

Foreign Languages Serviced:

German

Education

Academic Background

BA in History - Brown University

MBA - Wharton School, University of Pennsylvania

Services

Investment Types:

Stocks Mutual Funds, Exchange Traded Funds (ETFs), Bonds, Stocks, Mutual Funds

Qualifications & Memberships

Certifications, Accreditations & Designations:

Chartered Financial Analyst (CFA), Chartered Financial Analyst

Securities Licenses:

Waived

Financial Organization Memberships:

NYSSA, BSAS

Firm Information

Number of Advisors in Office:

Up to 10 employees

Compliance

Registered Investment Advisor:

Yes

Compliance Disclosures in Last 5 years:

I have a clean record

Criminal Disclosures in Last 5 years:

I have a clean record

Compensation & Fees

I am a fee-only financial professional:

Yes

I am a fee-based financial professional:

Yes

Minimum Portfolio Size for New Managed Accounts:

100000

Compensation Methods:

Based on Assets

Fee % Based on Assets:

Additional Details on Charges:

First $1 million 1.0%
$1 million to $3 million 0.8%
$3 million to $5 million 0.6%
$5 million and above 0.5%

Prepared By:

Dennis Butler

Most Recent Update:

07/18/2008