Meeder Public Funds, Inc. (Dublin)

Name: Meeder Public Funds, Inc.
Address: 6125 Memorial Drive, Dublin, OH, 43017
Telephone: 800-325-3539

Meeder Public Funds, Inc. is a large advisory firm based in Dublin. It manages $13.15 billion of regulatory assets for 305 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Michigan, and Ohio.

Meeder Public Funds provides 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.

Meeder Public Funds: assets under management

The assets under management (AUM) of Meeder Public Funds, Inc. is $13.15 billion. The firm's AUM has grown by 392% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.61 billion in discretionary accounts and $2.53 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $30.17 million.

Investments

The firm invests in government bonds the most. They account for 70% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Meeder Public Funds, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 John Jason Click serves?

The firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of John Jason Click is state or municipal government entities with 273 clients and $13 billion of assets under management. Among the 5 most similar advisory firms, Meeder Public Funds has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $13.15 billion for 274 clients. None of the firm’s clients are foreign persons or businesses.

Meeder Public Funds doesn't advise any private funds.

Careers at Meeder Public Funds, Inc.

The company employs 24 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Jason Click has been acting as President since 1 Jan 2015. Dale William Smith has served as the Chief Investment Officer since 1 Nov 2013 and Robert Sherman Meeder is the Chief Executive Officer of Meeder Public Funds, Inc. family office. Dennis Vincent Yacobozzi joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Susan Meeder	Sr. vice president/coo	1 Nov 2013	Other	6074506
Robert Sherman Meeder	Chief executive officer	1 Nov 2013	Other	2867295
Dale William Smith	Chief investment officer	1 Nov 2013	Other	1792335
Inc. Meeder Investment Management	Parent corporation	1 Nov 2013	75% - 100%	31-1188077
Robert Sherman (Jr) Meeder	Chief executive officer	1 Nov 2013	Other	2867295
Bruce Edward Mckibben	Chief compliance officer	1 Nov 2013	Other	2177007
John Jason Click	President	1 Jan 2015	Other	3060649
Jason Dale Headings	Vice president	1 Jan 2015	Other	4815749
Timothy Neil Mccabe	Chief legal counsel	1 Sep 2015	Other	5960808
Adam Scott Ness	Chief financial officer	1 Aug 2016	Other	3083419
Douglas Jennings	Chief compliance officer	1 Sep 2016	Other	6700237
Douglas Richard Jennings	Chief compliance officer	1 Sep 2016	Other	6700237
Dale William Smith	Co-chief investment officer	1 Jan 2017	Other	1792335
Clinton Lee Brewer	Co-chief investment officer	1 Jan 2017	Other	4838530
Adam Scott Ness	Chief operating officer	1 Oct 2017	Other	3083419
Dennis Vincent Yacobozzi	President	1 Nov 2018	Other	4362621

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Sherman (Sr) Meeder	Chairman and director	1 Oct 1991	50% - 75%	2867291
Robert Sherman Meeder	President	1 Jan 1992	50% - 75%	2867295
Robert Sherman (Jr) Meeder	President	1 Jan 1992	50% - 75%	2867295
Robert Sherman (Sr) Meeder	Shareholder	1 Jul 2018	25% - 50%	2867291

Based in Dublin

The principal office where Meeder Public Funds, Inc. performs its advisory services is located at 6125 Memorial Drive, Dublin, OH 43017, which is also the mailing address of the firm. An additional office of the firm is in Lansing, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-325-3539 or by fax 614-923-1145. The normal business hours are 8 a.m - 5 p.m. on Monday - Friday. You can find more information about the New York firm at meederinvestment.com.