A Company Rich in History
Partnering with our clients for 40 years
Drexel Morgan was founded in 1980 by James L. McCabe, Ph.D. to manage the assets of the McCabe family and a select group of Jim’s relationships. Other clients have joined us over time, and as of March 31, 2020, we advise or consult on $2.1 billion in assets* for individuals, families and institutions from our office in Radnor, Pennsylvania. The firm has always remained privately owned, offering independent advice to clients, and as an investment adviser, we act as a fiduciary to provide advice based on the best interests of our client.
We strive to get to know our clients personally and professionally in order to provide customized advice and help them achieve their financial goals.
For forty years, our mission has been to earn our clients’ trust and treat them as members of the Drexel Morgan family. Many of our client relationships span generations, and we believe the longevity of these relationships are a testament to our focus on going the extra mile for our clients. We strive to get to know each of our clients personally and professionally in order to provide customized advice and help them achieve their financial goals.
Over the decades, the firm has grown, but the core investment philosophy and our guiding principles have remained the same. Our team is comprised of a group of seasoned professionals with diverse backgrounds and experience.
What differentiates us:
- 40 years of stable leadership and consistent service
- Consistent philosophy for 40 years
- Custom, objective-based advice
- High-touch consultative approach
- Our clients interact with senior members of our team
- Access to an exclusive network of investment managers with whom we have deep relationships
Estimated as of June 30, 2020, we advise or consult on approximately $5.0 billion in assets. Approximately $1.1 billion involves assets under management for accounts receiving continuous and regular supervisory or management services, and approximately $1.2 billion involves consulting assets where we provide continuous and regular supervision for assets under management with other investment advisers. The remainder, approximately $2.7 billion involves consulting assets overseen on a periodic or event-driven basis determined by clients’ requirements.