Overview
Firm Description
Guyasuta Investment Advisors, Inc. (Guyasuta) is a privately held independent registered
investment advisory firm that works with individuals, families, and institutions to assist them in
defining and meeting their investment objectives in a highly personalized, client-focused, and
service-oriented environment. We have fourteen dedicated professionals who focus their
energy, resources and considerable experience on investment research, portfolio management
and client service. We offer our services and experience to a limited number of clients, each of
whom has a long-term commitment to diligent and prudent investing. By doing so, we can have
at least two portfolio managers working directly with each client, experience closer and more
frequent client contact and, most importantly, focus our time and talents on providing superior
risk adjusted investment returns to our clients.
Guyasuta was founded in 1983 as Scheetz, Smith and Company and in 1994, through a
corporate restructuring, changed our name to Guyasuta Investment Advisors, Inc. We are 100%
owned by seven full-time investment professionals active in our business.
Principal Owners
Name Title Joined Guyasuta Became Owner
Henry S. Beukema III Chairman & CEO 2005 2009
Paul J. Magovern Partner 2007 2017
Jeffrey B. Todd Partner 2014 2018
Albert H. Madison Partner 2018 2020
Nancy B. Foster President & COO 2001 2003
Matthew J. Teplitz Partner 2011 2012
Ronald L. Bartosh, Jr. Partner & CCO 1999 2009
Types of Advisory Services
Providing fee-only investment advice is our only business. Our clients are individuals, families,
trusts, pooled investment
vehicles, endowment funds, retirement plans, governments, non-
profits, corporations, and foundations. Guyasuta is structured so that all of our employees can
work as collaboratively as possible. Each client relationship is confidential. The portfolio
manager is responsible for knowing and understanding the investment objectives, risk tolerance
and goals of each client. Our advisory services are designed to deliver our collective investment
expertise in a highly personalized and effective manner, tailored for the unique needs of each
client.
A detailed description of our fees (see page 6) and our investment strategies (see page 11) are
covered later in this brochure.
Tailored Relationships
Each client relationship and account structure are customized to meet the client's unique
investment objectives, risk tolerance and financial goals. The client is always free to place
restrictions on any account(s). These restrictions are then monitored by the portfolio manager
assigned to that account.
Wrap Fee Programs
We do not participate in any wrap fee programs. Brokerage firms commonly offer a wrap fee
program to provide clients with access to various non-affiliated investment advisors. The
brokerage firm charges a comprehensive fee to the client for providing a bundle of services,
such as investment advice, investment research and brokerage services.
Client Assets
As of February 28, 2023, our assets under management were $1,857,827,000. All managed
assets are considered discretionary assets, defined as assets over which we have full authority
to make investment decisions for our clients, consistent with their objectives and our fiduciary
responsibilities.