Grace & White, Inc

Grace & White, Inc. is a registered investment advisor founded in 1977, with Gerald I. White, CFA, serving as the principal owner. The firm specializes in providing investment supervisory services on a discretionary basis, tailoring portfolios to individual client financial objectives and risk tolerances. Grace & White's investment strategy involves selecting investments based on fundamental analysis, focusing on conservative accounting methods and companies that do not engage in high-risk activities. The firm primarily invests in equity securities, warrants, certificates of deposit, and various other instruments, with a global investment approach but a focus on US and industrialized country companies. For clients, Grace & White has a required minimum account size of $1 million, which may be waived. Fees for investment supervisory services are typically 1.00% of assets under management for the first $1 million and 0.60% for amounts exceeding $1 million. The firm does not charge performance-based fees and acts as a fiduciary, putting clients' interests first. Grace & White does not engage in investment banking or manage corporate pension funds to avoid conflicts of interest. Clients have the option to direct brokerage to a specific firm, and the firm provides detailed quarterly account reviews and reports. Grace & White also exercises investment discretion in selecting securities for client accounts, ensuring alignment with stated investment objectives.