# Kelly Services

Kelly Services is a Corporate Investor based in Troy, United States.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Troy, United States
- **Region:** North America
- **Address:** 999 West Big Beaver Road, Troy, Michigan 48084, United States
- **Founded:** 1946
- **Assets under management:** Undisclosed
- **Website:** www.kellyservices.com
- **LinkedIn:** https://www.linkedin.com/company/kelly-servics
- **Wikidata:** Q1538585

## About

Kelly Services is an SEC-registered investment adviser in Braintree, MA, registered since 2018. The firm manages $624 million in assets, with $554 million on a discretionary basis. It has 10 employees and 6 investment advisers.

## Sectors

- Temporary Staffing
- Workforce Solutions
- Professional Services

## Offices

- 50 Raffles Place, Singapore Land Tower, #06-03, Singapore 048623
- Irongate House, Office 503, 5th Floor, 30 Dukes Pl, London EC3A 7LP, UK

## People

- Chris Layden — President and CEO
- Peter Quigley — Former President and CEO (retiring 2025)
- Terence E. Adderley — Former Chairman and CEO; controlling shareholder via family trusts
- William Russell Kelly — Founder

## Questions

### Who controls voting decisions at Kelly Services?

The Terence E. Adderley Revocable Trust K holds 92.2% of the Class B voting shares, giving it effective control over governance and capital-allocation decisions. This trust is tied to the family of Terence E. Adderley, the adopted son of founder William Russell Kelly and the firm's long-time CEO and Chairman. The dual-class share structure ensures that voting power remains concentrated regardless of public-market float.

### How does Kelly Services invest as a corporate investor?

Kelly Services invests through its corporate balance sheet, focusing on acquisitions and organic build-outs within the workforce-solutions sector. Investment activity spans staffing verticals, workforce-technology platforms, and geographic expansion. Unlike a pure holding company, Kelly's investment posture is operationally integrated—new platforms and regional hubs feed directly into the firm's core staffing business.

### What is Kelly Services' geographic investment footprint?

The firm operates through three regional headquarters: Troy, Michigan for North America, 50 Raffles Place in Singapore for Asia-Pacific, and 30 Dukes Place in London for Europe, the Middle East, and Africa. Capital deployment follows these regional hubs, targeting staffing-market expansion and acquisition opportunities in high-growth labor markets across all three geographies.

### How does Kelly source deal flow in workforce technology?

Kelly's deal flow originates from its operating footprint: the firm's staffing operations across light industrial, professional, and technical verticals generate direct visibility into workforce-platform inefficiencies and acquisition targets. The YPO executive network also creates a proprietary referral channel for deals within the broader human-capital and staffing ecosystem.

### What non-staffing assets does the Kelly balance sheet hold?

In addition to the core staffing business, the Kelly balance sheet carries real assets including the Kelly World Headquarters in Troy, regional headquarters properties in Singapore and London, the Kelley Aviation Associates Fleet, and the Richard Kelly Collection—a private gallery of advertising memorabilia. These holdings reflect a multi-decade accumulation of operating assets rather than a formal investment portfolio.

## Related profiles

- [Kelly+Partners Wealth Management](https://altss.com/profile/kelly-partners-wealth-management)
- [Kelly Wealth Management](https://altss.com/profile/kelly-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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