StoneRidge Investment Partners, LLC (“StoneRidge” or the “Firm”) is a suburban
Philadelphia-based emerging and minority-owned Registered Investment Adviser.
StoneRidge was formed in 1999 by a team of equity investment professionals formerly with
Meridian Investment Company, a division of First Union.
In 2009, Beltraith Capital LLC (“Beltraith”), a syndicate led by Steven L. Sanders, acquired a
55% ownership interest in StoneRidge. Mr. Sanders became Chief Executive Officer and
Chief Investment Strategist to lead the company. Today, Beltraith’s equity stake in
StoneRidge totals 60.19%.
On July 24, 2015, StoneRidge consummated a transaction which merged the fixed income
division of StoneRidge with PMG Advisors, LLC (renamed StoneRidge PMG Advisors, LLC)
(“SRPMGA”). At the same time, Beltraith acquired a 62.23% equity stake in SRPMGA. Mr.
Sanders is also the Chief Executive Officer and Chief Investment Strategist of SRPMGA.
Effective May 1, 2020, Forefront Analytics has taken a 30% ownership interest in StoneRidge
and Dr. Christopher Geczy serves as Co-Chief Investment Officer of the firm.
StoneRidge offers separate account equity management to institutional investors and other
investment advisers, while also offering model portfolio services to other investment advisers.
Equity products include: Large Cap Core Equity, High Quality Large Cap, Large Cap
Constrained Volatility, Dynamic Small Cap Equity, and Smid Growth Long Term.
In advising our institutional equity clients, StoneRidge adheres to the restrictions and
guidelines imposed by clients.
StoneRidge serves as investment manager to two Counsel Trust Company Collective
Investment Funds (“CIFs”) for tax qualified pension and profit-sharing plans and related
trusts;
serves as investment manager to one Counsel Trust Company Common Trust Fund
(“CTF”) for taxable accounts; and serves as investment manager to a Counsel Trust Company
managed 3(c)(1) fund. This unregistered 3(c)(1) fund was established to facilitate the
investment of IRA monies.
StoneRidge has a contractual relationship with an investment adviser under their Unified
Managed Account (UMA) program where we provide models of our proprietary investment
strategies (referred herein as ‘StoneRidge models’). Under these arrangements, StoneRidge
does not have investment discretion over the investment adviser’s client accounts (referred
herein as ‘Model portfolios’) and assets, nor does StoneRidge communicate directly with the
investment adviser’s clients. The investment adviser initially determines whether one or more
StoneRidge models is suitable to a particular client’s circumstances. The model portfolio is
then managed according to the StoneRidge model’s strategy, rather than each client’s
individual needs. StoneRidge models are structured using the same approach as we do for
strategies used in our separately-managed account clients. Generally, the only differences are
due to separately-managed client-imposed guidelines and restrictions. StoneRidge is not
responsible for trade executions and other functions within the model portfolios. The
underlying investment adviser’s clients retain individual ownership of all securities. These
UMA assets are not included in our Assets Under Management (AUM).
As of December 31, 2022, StoneRidge managed $188,328,194 in discretionary assets for
institutional investors and other investment advisers, including public funds, Taft-Hartley
plans, unregistered private funds, insurance companies, and foundations.