Cx Institutional, LLC is a large advisory firm based in Auburn. It manages $581.06 million of regulatory assets for 3,021 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.
Cx Institutional provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cx Institutional, LLC is $581.06 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 65% since the beginning of its operation, and $100 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cx Institutional, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Stacy Elaine Hefty is high net worth individuals with 145 clients and $311.34 million of assets under management. Among the 10 most similar advisory firms, Cx Institutional has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $577.23 million for 1,225 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cx Institutional doesn't advise any private funds.
The company employs 32 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 20 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 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.
Stacy Elaine Hefty has been acting as President since 1 Feb 2018. Edison Byzyka has served as the Chief Investment Officer since 1 Feb 2018 and David Wayne Hefty is the Chief Executive Officer of Cx Institutional, LLC family office. Justin Malcolm Burse joined the executive team most recently as the Chief Compliance Officer.
The principal office where Cx Institutional, LLC performs its advisory services is located at 112 East 7 Th Street, Auburn, IN 46706, which is also the mailing address of the firm. An additional office of the firm is in Plano, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 260-927-1830 or by fax 260-927-1865. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at credentwealth.com and its LinkedIn profile.