Srb Corporation (Boston)

Srb Corporation is a large advisory firm based in Boston. It manages $2.41 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Srb Corporation provides portfolio management for property & casualty insurance companies and related companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Srb Corporation: assets under management

The assets under management (AUM) of Srb Corporation is $2.41 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.41 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $120.5 million each.

Srb Corporation has custody of $2.41 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 39% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 35% of the firm’s portfolio. Investments in state and local bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Srb Corporation for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Martin Stone serves?

The only and largest group of clients of James Martin Stone is insurance companies with 18 clients and $2.05 billion of assets under management. Among the 9 most similar advisory firms, Srb Corporation has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $2.05 billion for 18 clients. None of the firm’s clients are foreign persons or businesses.

Srb Corporation doesn't advise any private funds.

Careers at Srb Corporation

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Martin Stone has been acting as President since 1 Jun 1987. Harold Ronnie Belodoff joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
The Plymouth Rock Company Incorporated	Shareholder	1 Jun 1987	75% - 100%	04-2773663
James Martin Stone	Director	1 Jun 1987	Other	5512369
James Nathan Bailey	Director	1 Jun 1987	Other	10238
Frederick Carter Childs	Director and chief compliance officer	1 Aug 1999	Other	2172340
Harold Ronnie Belodoff	Director	1 Jun 2005	Other	6025885

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Martin Stone	Shareholder	1 Dec 1982	25% - 50%	5512369
Central Securities Corporation	Shareholder	1 Dec 1982	25% - 50%	13-4181699

Based in Boston

The principal office where Srb Corporation performs its advisory services is located at 125 High Street Oliver Street Tower 9 Th Floor, Boston, MA 02110 2112, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-457-7527 or by fax 617-457-7501. The normal business hours are 8 a.m. to 6 p.m. on Monday - Friday.