Creative Financial Designs, Inc. (Kokomo)

Name: Creative Financial Designs, Inc.
Address: 2704 S Goyer Rd, Kokomo, IN, 46902
Telephone: 765-453-9600

Creative Financial Designs, Inc. is a large advisory firm based in Kokomo. It manages $1.09 billion of regulatory assets for 7,604 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.

Creative Financial Designs provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, market timing services, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Creative Financial Designs: assets under management

The assets under management (AUM) of Creative Financial Designs, Inc. is $1.09 billion. The firm's AUM has grown by 3049% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $841.59 million in discretionary accounts and $244.69 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $130.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $211.48 thousand.

Creative Financial Designs has custody of $123.94 million in cash and securities for 759 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Creative Financial Designs, Inc. 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.

What kind of clients Kregg Jerrod Rooze serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, and pension and profit sharing plans. The largest group of clients of Kregg Jerrod Rooze is individuals with 7,444 clients and $877.75 million of assets under management. Among the 13 most similar advisory firms, Creative Financial Designs has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.09 billion for 7,602 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.

Creative Financial Designs doesn't advise any private funds.

Careers at Creative Financial Designs, Inc.

The company employs 180 people that are either part- or full-time employees. 94 percent of the employees work as investment advisers or researchers. 161 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Kregg Jerrod Rooze has been acting as President since 1 Aug 2009. Ricky L Bain joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Chandra Sue Collins	Secretary and treasurer	1 May 1990	Other	4364068
Melissa M Griffin	Shareholder	1 Feb 1997	Other	2246865
Stewart K Worthley	Shareholder	1 Apr 1997	Other	2085921
Brent Anthony Owens	President, director	1 Aug 1997	25% - 50%	2261719
Owens Family Trust Dated December 2000	Shareholder	1 Mar 2003	25% - 50%	xxx-xx-xxxx
Owens Family Trust	Shareholder	1 Mar 2003	25% - 50%	xxx-xx-xxxx
Jerry Chad Stollings	Chief compliance officer	1 Feb 2005	Other	4810457
William Edward Gregg	Chief compliance officer	1 Mar 2006	Other	1940329
Kregg Jerrod Rooze	Director	1 Aug 2009	Other	3174063
John Mark Creekmur	Director, treasurer	1 Aug 2009	Other	2226377
Dennis Kelly Dawson	Director	1 Aug 2009	Other	1314423
Phillip P Williams	Director	1 Aug 2009	Other	5513728
Bonnie Lou Smith	Director	1 Aug 2009	Other	2539091
Adam Robert Salsbery	Director	1 Aug 2009	Other	4947677
Brooke Leigh Rockey	Secretary, director	1 Sep 2009	Other	4817176
Greg Reed	Director	1 Sep 2009	Other	5719785
Matthew O Bahrenburg	Chief compliance officer	1 Apr 2012	Other	5295661
James A Guyot	Director	1 Oct 2012	Other	4517834
Mickey Lee Owens	Director, shareholder	1 Oct 2012	Other	1437001
Christopher M Rockey	Director	1 Oct 2012	Other	5504531
Owens Family Trust Dated 8/1/2007	Shareholder	1 Mar 2014	25% - 50%	xxx-xx-xxxx
Mickey Lee Owens	Shareholder	1 Oct 2015	Other	1437001
Kent Allen Lalonde	Director	1 Oct 2015	Other	3241329
Pietro Joseph Passalacqua	Director	1 Oct 2015	Other	2299676
Ricky L Bain	Director	1 Oct 2017	Other	4525494

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brent Anthony Owens	Trustee	1 Dec 2000	50% - 75%	2261719
Kimberly Owens	Trustee	1 Dec 2000	Other	5720901
Mickey Lee Owens	Trustee	1 Aug 2007	50% - 75%	1437001
Kathryn Elaine Owens	Trustee	1 Aug 2007	50% - 75%	6311589

Based in Kokomo

The principal office where Creative Financial Designs, Inc. performs its advisory services is located at 2704 S Goyer Rd, Kokomo, IN 46902 The mailing address of the firm is P.O. Box # 2244, Kokomo, IN 46904 2244. An additional office of the firm is in Lenexa, KS. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 765-453-9600 or by fax 866-937-7087. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at creativefinancialdesigns.com.