M

McDevitt & Bird Investment Management Co

Updated today

Total assets under management

$6,086,446

Total clients

7

29% high-net worth

Total advisors

2

of 2 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

4

Average account size

$869,492

About

McDevitt & Bird Investment Management Company provides discretionary and non‑discretionary portfolio management and investment advice primarily to high‑net‑worth and other individual clients, and also serves estates, trusts, corporations, pension and profit‑sharing plans, and charitable organizations. As of March 2025 the firm reports managing about $6.09 million in client assets across a very small client base (seven clients).

The firm formulates recommendations using a mix of charting, cyclical, fundamental and technical analysis, and applies both shorter‑term and multi‑year holding approaches depending on client objectives. It primarily recommends individual securities rather than pooled funds, produces periodic research reports for clients, and refers clients to outside financial planners when a formal financial plan is requested.

Distinctive features for a firm of this size include a low client count relative to assets under management and an explicit personnel standard encouraging advanced credentials (MBA/CFA or equivalent experience) for those advising clients. The firm’s owners largely self‑supervise with mutual reviews of trading, it practices direct billing of advisory fees through custodians, does not vote client proxies (clients receive proxy materials directly), and discloses the possibility of written referral arrangements that provide third‑party compensation for client introductions.

Client services

Portfolio management

Fee options

Fixed

Fixed fees for financial planning services may be negotiated in advance based on estimated time and expertise.

Percentage

$0 - $1,000,000: 1.00% (non-discretionary), 0.80% (discretionary) $1,000,001 - $3,000,000: 0.75% (non-discretionary), 0.60% (discretionary) $3,000,001 - $5,000,000: 0.50% (non-discretionary), 0.40% (discretionary) $5,000,001+: Negotiable for both account types

Project-based

Hourly fees may be negotiated for financial planning services as preferred by the client.

Other

Account minimum: No minimum dollar value of assets or other condition for starting or maintaining an account; however, minimum annual fees apply ($2,000 for discretionary accounts, $2,500 for non-discretionary accounts). Minimum fee: $2,000 minimum annual fee for discretionary accounts; $2,500 minimum annual fee for non-discretionary accounts. Fee-only: Annual fees based on assets under management, payable quarterly in advance; negotiable fees for assets above $5 million; minimum annual fees as above.

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Main office location

McDevitt & Bird Investment Management Co

Elizabeth IL, United States

Number of offices

2

Quick links

Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")