DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL, INC.
Adviser information for DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL, INC. last updated from Form ADV on March 18th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 18 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 9 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 576 | $2.0B |
| Non-Discretionary | 0 | $0 |
| Total | 576 | $2.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 114 | $1.3B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 10 | $275.8M |
| Charitable organizations | 14 | $120.8M |
| State or municipal gov entities | 12 | $233.5M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 150 |
| No. of Non-U.S. Clients | 2 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 18.6M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| WELLS FARGO PRIVATE ADVISOR NETWORK DUAL CONTRACT PROGRAM | WELLS FARGO CLEARING SERVICES, LLC |
| GRAYSTONE INSTITUTIONAL CONSULTING SERVICES | MORGAN STANLEY |
Principal Office
2000 TOWN CENTERSTE 2850
SOUTHFIELD
MI
United States
Monday - Friday, 9:00AM - 5:00PM
Tel: 248-358-3220, Fax: 248-358-9111
Chief Compliance Officer
MARY E GRABEL
2000 TOWN CENTER
STE 2850
SOUTHFIELD
MI
United States
Tel:
248/358-3220
Fax:
248/358-9111
M*******@*****************M
(Full email address available in API data)
Regulatory Contact
SEAN METROSE
PRESIDENT & PORTFOLIO MANAGER
2000 TOWN CENTER
STE 2850
SOUTHFIELD
MI
United States
Tel:
248/358-3220
Fax:
248/358-9111
S*******@*****************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| KNAS, KARL, LAURENCE | Individual | – | PORTFOLIO MANAGER | 09/2015 | 5-10% |
| WARDLOW, JEFFREY, WILLIAM | Individual | – | CHIEF INVESTMENT OFFICER & PORTFOLIO MANAGER | 07/2004 | 25-50% |
| METROSE, SEAN, ADAM | Individual | – | PRESIDENT & PORTFOLIO MANAGER | 04/2008 | 25-50% |
| GRABEL, MARY ELIZABETH, BARNDS | Individual | – | CHIEF COMPLIANCE OFFICER | 11/2013 | 5-10% |
| SCHATTNER, SARAH, BLISS | Individual | – | DIRECTOR OF MARKETING & CLIENT SERVICE | 12/2012 | 5-10% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 29th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| Novartis AG | SPONSORED ADR | 232 | 2K | – |
| Novo Nordisk AS | ADR | 385 | 3K | – |
| ALLETE Inc | COM NEW | 20K | 320K | – |
| Abbott Laboratories | COM | 231 | 2K | – |
| Advanced Micro Devices Inc | COM | 646 | 4K | – |
| Agilent Technologies Inc | COM | 18K | 138K | – |
| Alaska Air Group Inc | COM | 4K | 104K | – |
| Allstate Corp | COM | 29K | 182K | – |
| Alphabet Inc | CAP STK CL A | 3K | 19K | – |
| Alphabet Inc | CAP STK CL C | 24K | 133K | – |
| Alpine Income Ppty Tr Inc | COM | 503 | 32K | – |
| Amazon.com Inc | COM | 3K | 16K | – |
| Amdocs Ltd | SHS | 23K | 296K | – |
| American Express Co | COM | 544 | 2K | – |
| Analog Devices Inc | COM | 470 | 2K | – |
| Apple Hospitality REIT Inc | COM NEW | 2K | 168K | – |
| Apple Inc | COM | 16K | 78K | – |
| Atlantic Union Bankshares Corp | COM | 4K | 131K | – |
| AutoZone Inc | COM | 38K | 13K | – |
| Bank of America Corp | COM | 681 | 17K | – |
| Becton Dickinson & Co | COM | 26K | 112K | – |
| Berkshire Hathaway Inc Del | CL B NEW | 607 | 1K | – |
| Blue Bird Corporation | COM | 34K | 633K | – |
| Booking Holdings Inc | COM | 396 | 100 | – |
| CACI International Inc | CL A | 35K | 82K | – |
| COPT Defense Properties | SHS BEN INT | 22K | 869K | – |
| Carlisle Cos | COM | 41K | 102K | – |
| Carlyle Group Inc | COM | 3K | 80K | – |
| Chevron Corp NEW | COM | 31K | 196K | – |
| Chubb Ltd | COM | 31K | 122K | – |
| The Cigna Corp | COM | 24K | 74K | – |
| Cisco Systems | COM | 287 | 6K | – |
| Coca-Cola Co | COM | 306 | 5K | – |
| Colgate-Palmolive Co | COM | 221 | 2K | – |
| ConocoPhillips | COM | 28K | 243K | – |
| Constellation Brands | CL A | 257 | 1K | – |
| Costco Wholesale Corp New | COM | 1K | 2K | – |
| Crown Holdings Inc | COM | 3K | 45K | – |
| D R Horton Co | COM | 334 | 2K | – |
| DT Midstream Inc | COMMON STOCK | 32K | 451K | – |
| Dell Technologies Inc | CL C | 22K | 160K | – |
| Delta Air Lines Inc Del | COM NEW | 28K | 582K | – |
| Diamondback Energy Inc | COM | 356 | 2K | – |
| Discover Financial Services | COM | 32K | 241K | – |
| Dow Inc | COM | 283 | 5K | – |
| Eaton Corp PLC | SHS | 219 | 700 | – |
| Eli Lilly & Co | COM | 2K | 3K | – |
| Equifax Inc | COM | 319 | 1K | – |
| Evercore Inc | CLASS A | 6K | 30K | – |
| Exxon Mobil Corp | COM | 32K | 278K | – |
| Ferrari NV | COM | 204 | 500 | – |
| Fiserv Inc | COM | 33K | 222K | – |
| Gaming and Leisure Properties | COM | 3K | 64K | – |
| General Dynamics Corp | COM | 648 | 2K | – |
| Goldman Sachs Group Inc | COM | 531 | 1K | – |
| HCA Healthcare Inc | COM | 38K | 118K | – |
| HF Sinclair Corporation | COM | 3K | 63K | – |
| Hartford Financial Services Gr | COM | 302 | 3K | – |
| Henry Schein Inc | COM | 3K | 47K | – |
| Howmet Aerospace Inc | COM | 29K | 376K | – |
| Huntington Bancshares Inc | COM | 234 | 18K | – |
| Illinois Tool Works Inc | COM | 351 | 1K | – |
| Intl Gnrl Insurance Hldngs L | SHS | 2K | 144K | – |
| Intuitive Surgical Inc | COM NEW | 222 | 500 | – |
| JPMorgan Chase & Co | COM | 34K | 169K | – |
| John Bean Technologies Corpora | COM | 23K | 241K | – |
| Johnson & Johnson | COM | 916 | 6K | – |
| Kenvue Inc. | COM | 244 | 13K | – |
| L3 Harris Technologies | COM | 18K | 81K | – |
| LKQ Corporation | COM | 23K | 557K | – |
| Lam Research Corp | COM | 27K | 26K | – |
| Lamb Weston Holdings Inc | COM | 3K | 34K | – |
| Lennar Corp | CL A | 465 | 3K | – |
| Masco Corp | COM | 27K | 406K | – |
| Mastercard Inc | CL A | 541 | 1K | – |
| Match Group Inc New | COM | 2K | 69K | – |
| McDonalds Corp | COM | 255 | 1K | – |
| Merck & Co Inc | COM | 1K | 10K | – |
| Micron Technology Inc | COM | 20K | 150K | – |
| Microsoft Corp | COM | 20K | 45K | – |
| Mondelez International Inc | CL A | 23K | 347K | – |
| Monolithic Power Systems Inc | COM | 616 | 750 | – |
| Morgan Stanley | COM NEW | 31K | 322K | – |
| Murphy USA Inc | COM | 3K | 7K | – |
| NVIDIA Corp | COM | 1K | 12K | – |
| Netflix Inc | COM | 823 | 1K | – |
| Nomad Foods Ltd | USD ORD SHS | 3K | 201K | – |
| Northwestern Energy Group | COM NEW | 3K | 62K | – |
| Nucor Corp | COM | 591 | 4K | – |
| O'Reilly Automotive | COM | 1K | 1K | – |
| OUTFRONT Media Inc | COM | 3K | 205K | – |
| Olin Corp | COM PAR $1 | 3K | 55K | – |
| Oracle Corp | COM | 35K | 249K | – |
| PNC Financial Services | COM | 17K | 111K | – |
| PNM Resources Inc | COM | 3K | 84K | – |
| Palo Alto Networks Inc | COM | 605 | 2K | – |
| Pentair PLC | SHS | 28K | 361K | – |
| PepsiCo Inc | COM | 20K | 122K | – |
| Permian Resources Corp | CLASS A COM | 3K | 183K | – |
| Pfizer Inc | COM | 269 | 10K | – |
| Phillips 66 | COM | 233 | 2K | – |
| Procter & Gamble Co | COM | 216 | 1K | – |
| Progressive Corp | COM | 19K | 92K | – |
| RTX Corporation | COM | 24K | 239K | – |
| Raymond James Financial Inc | COM | 35K | 281K | – |
| Regeneron Pharmaceuticals | COM | 431 | 410 | – |
| Reliance Inc | COM | 41K | 145K | – |
| Reynolds Consumer Products Inc | COM | 4K | 135K | – |
| Sherwin Williams Co | COM | 377 | 1K | – |
| Sonos Inc | COM | 15K | 986K | – |
| Steris PLC | SHS USD | 4K | 17K | – |
| Stryker Corp | COM | 691 | 2K | – |
| Synaptics Inc | COM | 16K | 178K | – |
| Synovus Financial Corp | COM NEW | 4K | 103K | – |
| Take-Two Interactive Software | COM | 5K | 31K | – |
| Teradyne Inc | COM | 27K | 181K | – |
| Texas Instruments Inc | COM | 418 | 2K | – |
| Timken Company | COM | 14K | 169K | – |
| United Parcel Service Inc | CL B | 12K | 89K | – |
| United Parks & Resorts | COM | 30K | 545K | – |
| UnitedHealth Group Inc | COM | 1K | 2K | – |
| Universal Hlth Svcs Inc | CL B | 6K | 35K | – |
| VICI Properties Inc | COM | 16K | 551K | – |
| Viad Corp | COM | 4K | 112K | – |
| Viper Energy Inc | CL A | 6K | 156K | – |
| Visa Inc | COM CL A | 555 | 2K | – |
| Vishay Intertechnology Inc | COM | 25K | 1M | – |
| Grainger W W Inc | COM | 584 | 647 | – |
| Walmart Inc | COM | 782 | 12K | – |
| Warner Bros Discovery Inc | COM SER A | 14K | 2M | – |
| Waste Mgmt Inc Del | COM | 20K | 94K | – |
| Waters Corp | COM | 3K | 9K | – |
| Webster Financial Corp | COM | 19K | 430K | – |
| Willis Towers Watson PLC LTD | SHS | 22K | 85K | – |
| Workday Inc | CL A | 217 | 971 | – |
| Zimmer Biomet Holdings Inc | COM | 23K | 209K | – |
| Invesco QQQ TR | UNIT SER 1 | 642 | 1K | – |
| Invesco EXCH TRADED FD TR II | SR LN ETF | 1K | 68K | – |
| Invesco ACTIVELY MANAGED | ULTRA SHRT DUR | 299 | 6K | – |
| Nuveen Select Mat Mun FD | SH BEN INT | 104 | 12K | – |
| Nuveen Select Tax-Free Incom | SH BEN INT | 168 | 12K | – |
| SPDR SER TR | S&P BK ETF | 288 | 6K | – |
| SPDR S&P 500 ETF TR | TR UNIT | 5K | 9K | – |
| Vanguard Scottsdale Fds | Int-Term Corp | 425 | 5K | – |
| Vanguard Intl Equity Index F | ALLWRLD EX US | 2K | 32K | – |
| Vanguard INDEX FDS | REAL ESTATE ETF | 532 | 6K | – |
| Vanguard Scottsdale FDS | VNG RUS1000GRW | 23K | 242K | – |
| Vanguard Scottsdale FDS | VNG RUS2000IDX | 859 | 10K | – |
| Vanguard Scottsdale FDS | VNG RUS2000GRW | 2K | 12K | – |
| Vanguard Scottsdale FDS | SHRT TRM CORP BD | 4K | 51K | – |
| Vanguard WELLINGTON FD | SHORT TRM TAX EX | 350 | 4K | – |
| Vanguard Star FDS | VG TL INTL STK F | 576 | 10K | – |
| Vanguard Index FDS | TOTAL STK MKT | 11K | 39K | – |
| iShares TR | CORE S&P US VLU | 3K | 39K | – |
| iShares TR | FLTG RATE NT ETF | 312 | 6K | – |
| iShares TR | MSCI EAFE ETF | 772 | 10K | – |
| iShares TR | RUS 1000 ETF | 790 | 3K | – |
| iShares TR | RUS 1000 VAL ETF | 429 | 2K | – |
| iShares TR | RUSSELL 2000 ETF | 1K | 6K | – |
| iShares TR | IBOXX HI YD ETF | 589 | 8K | – |
| Allstate Corp | Perp PFD J | 481 | 18K | – |
| Bank America Corp | PFD SER 2 | 1K | 56K | – |
| M & T BK Corp | PERP PFD J | 2K | 60K | – |
| Wells Fargo CO NEW | PERP PFD CNV A | 4K | 3K | – |
| Cedar Fair L P | DEPOSITRY UNIT | 3K | 49K | – |
| Enterprise Products Partners L | COM | 8K | 278K | – |
| MPLX LP | COM UNIT REP LTD | 9K | 214K | – |