Emerald Advisers, LLC

Emerald Advisers Inc. is an investment management firm based out of Lancaster, Pennsylvania. The company was originally established in 1991 and operates as a subsidiary of its parent company Emerald Asset Management, Inc. Emerald Advisers conducts its research internally, utilizing a quantitative and fundamental methodology to make its investment decisions. The company invests in the growth stocks of small to large cap companies, allocating its assets in the public equity markets within the United States. Emerald Advisers benchmarks its performance against the Russell 200 Growth Index and the Russell Mid Cap Growth Index. The company invests most heavily in the information technology sector, which alone makes up a quarter of its total asset allocations, and also invests in the finance, health care, consumer discretionary, and industrials sectors, among other sectors to a lesser degree, in order of decreasing allocation. Emerald Advisers holds its allocations for just over 9 quarters on average although the firm only holds its top 10 allocations, which makes up under a sixth of its total allocations, for 3.9 quarters on average. In the most recent quarter, Emerald Advisers had a turnover rate of approximately 21.6%. The company manages over $2.1 billion in total assets under management spread across 63 total accounts, all of which are discretionary. Although the firm’s total number of accounts has been decreasing in recent years, its total assets under management has been on an upward trend, growing significantly from $1.2 billion back in 2010 to its current amount. Emerald Advisers mainly caters to state and municipal entities, which makes up over half of its client base and constitutes over half of its total attributed assets, and also provides services to a variety of other clientele. The company takes advisory fees in the form of a percentage of assets and offers a variety of mutual funds including its Small Cap Value and Banking & Finance funds.