Cincinnati Asset Management Inc (Cincinnati)


Cincinnati Asset Management Inc is a large advisory firm based in Cincinnati. It manages $2.62 billion of regulatory assets for 7,438 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Cincinnati Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cincinnati Asset Management: assets under management

The assets under management (AUM) of Cincinnati Asset Management Inc is $2.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 900% since the beginning of its operation, and $186.76 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $352.56 thousand each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 87% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cincinnati Asset Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mary Compton serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Mary Compton is high net worth individuals with 6,676 clients and $2.06 billion of assets under management. Among the 11 most similar advisory firms, Cincinnati Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.62 billion for 7,438 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Cincinnati Asset Management doesn't advise any private funds.

Careers at Cincinnati Asset Management Inc

The company employs 16 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Mary Compton has been acting as President since 1 Mar 1989. Charles David Mencer joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Sauer Sloneker Chairman & managing director 1 Mar 1989 25% - 50% 2435960
Mary Compton Director 1 Mar 1989 Other 2718211
John Goodman Sloneker Director 1 Mar 1989 Other 4343715
William Sloneker Chairman & managing director 1 Mar 1989 Other 2435960
Ronald Charles Schneider President & managing director 1 Mar 1989 Other 4343727
Mary Sauer Sloneker Shareholder 1 Mar 1989 Other 4343751
John Goodman Sloneker Estate Shareholder 1 Mar 1989 Other 4343763
Randall Scott Hale President & managing director 1 Jan 1993 Other 4343739
Charles David Mencer Chief operating officer chief compliance officer managing director 1 Jan 1994 Other 4343768
Robert Meng Vice pres & managing director 1 Jun 1996 Other 2181839
Donald Newton Stolper Vice pres & managing director 1 Mar 2000 Other 1091943
Richard John Gardner Managing director 1 Jul 2003 Other 4775374
Richard Mark Balestra Managing director 1 Mar 2010 Other 4672434
Donald Newton Stolper Director 1 Jan 2019 Other 1091943
Charles David Mencer Director 1 Jul 2019 Other 4343768
Nicholas Martin Collura Chief operating officer chief compliance officer managing director 1 Jul 2019 Other 7179566
Joshua Martin Adams Managing director 1 Jul 2019 Other 7179574

Based in Cincinnati

The principal office where Cincinnati Asset Management Inc performs its advisory services is located at 8845 Governor's Hill Drive, Cincinnati, OH 45249 3317, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 513-554-8500 or by fax 513-554-8509. The normal business hours are 8:30 am to 4:45 pm on Monday - Friday. You can find more information about the New York firm at cambonds.com.