About Us

Respecting the Past, Managing the Present, Investing in the Future

OUR GOALS

  • To provide clients superior risk adjusted returns over a complete market cycle.
  • To provide the best customer service possible.
  • To make each client feel like the only client.

James P. O'Mealia founded Sunnymeath Asset Management on May 1, 1996. The firm was initially founded as a means of investing money for friends and family. Over the years, as a result of strong performance and word of mouth, assets grew and additional products were added. In 1998, Sunnymeath began managing a long-biased concentrated value portfolio for taxable and tax exempt individuals and institutions.  In September 2003, Mr. O'Mealia left Fox Asset, where he was Vice CIO, to focus his efforts solely on developing Sunnymeath into a premiere asset manager, whose eclectic value style has long-term investment appeal. In 2004, Sunnymeath added an equity-income oriented portfolio to its roster and began offering separately managed accounts for select clients. Finally, in early 2009 Sunnymeath added an income portfolio for high net worth investors.

Sunnymeath has a long history of generating competitive long-term performance because of our disciplined investment process. We do not outsource our due diligence. We focus our efforts on equity and fixed income investing and on identifying superior risk adjusted opportunities.

Sunnymeath believes in complete transparency. Our clients are kept informed of our investment strategies on an ongoing basis.

Our intimate approach is evident in our company name. Our founder James P. O'Mealia grew up on a horse farm in New Jersey named Sunnymeath which was coined by his father.

"Sunny" was chosen to represent warmth, growth and prosperity.

"Meath" was chosen to honor his family's Irish ancestry--with Meath being a county in Ireland north-west of Dublin.

 

Our Team

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James P. O'Mealia
President and Chief Investment Officer

Mr. O’Mealia is the founder and President of Sunnymeath Asset Management, Inc., which manages a variety of investment partnerships, as well as separate accounts for high net worth individuals, endowments and foundations. In recent years, he also served as a manager of the Multi-Cap product for ICC Capital before its acquisition by Highland Capital.  He previously served as the Vice CIO of Fox Asset Management, an RIA with $3.0 billion of assets under management, where he managed institutional equity, balanced and fixed income accounts and was a member of the firm's Investment and Management Committees. He previously served as a consultant to IBJ Schroder Bank & Trust. At McGlinn Capital Management, he was Chief Operating Officer and served as a manager of the firm’s equity and high yield investments and directed the firm’s research effort. He was previously the Vice President in charge of New York Life Insurance Company’s public equity and high yield investments and was directly responsible for the management of $1.2 billion of public mutual funds and insurance company assets. He began his career as an analyst for Argus Research where he covered a variety of industries.

Currently serving on the board of the National Association of Petroleum Investment Analysts, he is also a member of the Financial Planning Association of New Jersey. Active in his community, Jim has served as a member of the Board of Governors of Navesink Country Club, Treasurer of the Monmouth Conservation Foundation, Treasurer of the Count Basie Theatre Foundation, and as the Assistant Treasurer of the Rumson Country Day School.  He has also served on The Rumson Country Day School’s Board of Trustees, The Hill School’s Board of Trustees, the Count Basie Theatre Foundation Advisory Board and the New Jersey Council for Economic Education.  Mr. O’Mealia holds a BA degree with majors in English and Economics from St. Lawrence University.

Jerry A. Grospe
Senior Vice President - Trading/Compliance

Mr. Grospe has over 20 years of experience in the financial audit, trading and compliance areas, and has been with Sunnymeath for seven years. Prior to joining the firm, Jerry worked as an Internal Auditor for Fiduciary Trust Company International where he managed the financial audit team, initiated the use of electronic audit work papers, and served as the project manager for disaster recovery efforts subsequent to 9-11. He was previously a Vice President and the Director of Trading at IBJ Schroder Bank & Trust, where he was responsible for the firm's equity, fixed income and money market trading. Jerry was also responsible for the implementation of the company's STP trading and electronic routing system. He is a graduate of Fordham University, where he received a BA in Economics.  He also coaches youth basketball and is on the board of the Staten Island Philippine American Group.

Edward J. King
Senior Vice President - Research Analyst

Mr. King has over 40 years of conducting equity and fixed income research for a variety of firms, and has been with Sunnymeath for five years. Most recently, Ed served as a Credit Analyst in the Corporate Banking division of Wells Fargo, where he performed detailed credit analysis on companies in a variety of industries. Ed began his career on Wall Street in 1971 as a Statistician in the Research Department of First Boston Corporation. In 1976, after receiving his MBA, he joined Kidder Peabody and Company, Inc as a Research Associate. His analytical career began at Argus in 1979, where he was an analyst responsible for coverage of the electric and gas utilities. He subsequently joined Fitch, one of the top three ratings agencies, where he was a Fixed Income analyst. Ed earned his BBA in Accounting at Pace University and his MBA from Long Island University's Graduate School of Business.

Julie Crolius
Vice President - Performance/Analytics

Mrs. Crolius has over 20 years of experience in the investment industry with an extensive background in operations and trade reconciliation, and has been with Sunnymeath for the past five years. She most recently served as an assistant portfolio manager and performance analyst for Fox Asset Management. Previously, she worked at Checkfree Investment Services, providing portfolio management systems support to the investment and brokerage industries. She began her career with Merrill Lynch, where she worked as a financial analyst in the Consulting and Advisory Services division. Julie received her Bachelor of Science in Finance from Kean University.

Mary Jane Sauer
Vice President - Administration

Mrs. Sauer has over 40 years of experience in office administration. She previously worked at Fox Asset Management as an administrative assistant responsible for filing, recordkeeping and served as an assistant to the Chief Compliance Officer. She has also worked in the medical field providing clinical and administrative duties for various physicians.

 

Our Clients

Sunnymeath manages investment partnerships and separately managed accounts.  Below are some of the clients we proudly advise.

Endowments and Foundations
Monmouth County Historical Association
Visiting Nurse Association of Central Jersey
The Count Basie Theatre, Inc.

Mutual Funds and Pooled Vehicles
Saratoga Investment Quality Bond Fund (SIBPX)

Pension Plans
Confidential Client List

Public Funds
City of New Orleans Municipal Employees Retirement System

 
 

Have a question for us? Use the form on the Contact Us page.


Disclaimer:

  1. Granite Springs Asset Management, LLC. is Doing Business As Sunnymeath Asset Management, Inc.  Granite Springs Asset Management, LLC is a Registered Investment Advisor with the U.S. Securities and Exchange Commission and qualified to do business in various state jurisdictions where required.
  2. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended and/or purchased by adviser), or product made reference to directly or indirectly on this Website, or indirectly via link to any unaffiliated third-party Website, will be profitable or equal to corresponding indicated performance levels.
  3. Different types of investment involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's investment portfolio. No client or prospective client should assume that any information presented and/or made available on this Website serves as the receipt of, or a substitute for, personalized individual advice from the adviser or any other investment professional.
  4. Historical performance results for investment indexes and/or categories generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment-management fee, the incurrence of which would have [the] effect of decreasing historical performance results.