Duncker, Streett & Co., LLC (St. Louis)

Name: Duncker, Streett & Co., LLC
Address: 8000 Maryland, St. Louis, MO, 63105
Telephone: 314-726-2600

Duncker, Streett & Co., LLC is a large advisory firm based in St. Louis. It manages $483.1 million of regulatory assets for 476 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Duncker, Streett & Co. provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Duncker, Streett & Co.: assets under management

The assets under management (AUM) of Duncker, Streett & Co., LLC is $483.1 million. The firm's AUM has grown by 119% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $458.04 million in discretionary accounts and $25.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $980.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.78 million.

Duncker, Streett & Co. has custody of $400.22 million in cash and securities for 120 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Duncker, Streett & Co., LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Duncker, Streett & Co. serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Duncker, Streett & Co. is high net worth individuals with 90 clients and $322.14 million of assets under management. Among the 11 most similar advisory firms, Duncker, Streett & Co. has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $483.1 million for 201 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.

Duncker, Streett & Co. doesn't advise any private funds.

Careers at Duncker, Streett & Co., LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kelly Bryant Sullivan	President and chief compliance officer	1 Nov 2000	Other	1039922
Inc. Kbs Investments	Member	1 Mar 2001	Other	43-1920183
Inc. Moulton Investments	Member	1 Mar 2001	Other	43-1920186
Inc. Dunks Investments	Owner	1 Mar 2001	Other	43-1920185
Wealthtrust Inc.	Owner	1 Mar 2001	Other	62-1696932
Wealthtrust Llc	Member	1 Nov 2006	50% - 75%	20-5389611
Inc. Central West End Capital	Member	1 Jan 2014	Other	46-4917689
Robert Jeffery Corne	Vice president and secretary	1 May 2016	Other	4993108
John Russell Mcclelland	Chief compliance officer	1 Jan 2017	Other	3260697
Llc Wealthtrust Acquisition	Owner	1 May 2017	50% - 75%	82-1514730
Robert Steven Pagliuco	Evp and treasurer	1 Jun 2017	Other	2617931

Indirect Owners

The SEC currently registers 47 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fredric Mark Edelman	Shareholder	1 Jun 1996	75% - 100%	1537980
Regions Financial Corporation	Shareholder	1 Nov 2000	75% - 100%	63-0371391
Inc. Mk Holding Company	Shareholder	1 Nov 2000	75% - 100%	62-1153850
Inc. Morgan Asset Management	Shareholder	1 Nov 2000	50% - 75%	62-1277223
Inc. Mk Holding	Shareholder	1 Nov 2000	75% - 100%	62-1153850
Kelly Bryant Sullivan	Shareholder	1 Mar 2001	75% - 100%	1039922
John Randolph Moulton	Shareholder	1 Mar 2001	75% - 100%	719410
Regions Financial Corporation	Indirect owner	1 Mar 2001	50% - 75%	63-0371391
Inc. Mk Holding Company	Indirect owner	1 Mar 2001	75% - 100%	not available
Inc. Morgan Asset Management	Indirect owner	1 Mar 2001	50% - 75%	111715
Charles Petring Duncker	Owner	1 Mar 2001	75% - 100%	xxx-xx-xxxx
Marvin Rush Benton	Owner	1 Mar 2001	75% - 100%	xxx-xx-xxxx
Thomas Haskell Lee	Managing member	1 Aug 2006	75% - 100%	305494
Wealthtrust Holdings Llc	Shareholder	1 Nov 2006	75% - 100%	20-5493778
Wealthtrust Holdings Co	Member	1 Nov 2006	75% - 100%	20-5576278
Cpc Wt	Member	1 Nov 2006	25% - 50%	20-5509625
Falcon Mezzanine Partners Ii Lp	Member	1 Nov 2006	25% - 50%	20-2506252
Vmc Cpc Wt Investment Llc	Member	1 Nov 2006	25% - 50%	42-1717706
Mark Kevin Gormley	Managing member	1 Mar 2009	25% - 50%	718402
Llc Lee Equity Partners	Manager	1 Apr 2012	Other	157422
Lp Lee Equity Partners Fund Summer Aiv	Member	1 Apr 2012	75% - 100%	80-0802317
Llc Lee Equity Partners Gp	General partner	1 Apr 2012	Other	26-1532912
Teachers Retirement System Of Texas	Limited partner	1 Apr 2012	25% - 50%	74-6000164
John Russell Mcclelland	Shareholder	1 Jan 2014	75% - 100%	3260697
Edward Philip Moore	Board of managers	1 Oct 2014	Other	1468827
Llc Affiliated Wealth Partners Holdings	Member managed	1 Sep 2015	75% - 100%	47-4536791
Awp Ii Llc	Member managed	1 Sep 2015	75% - 100%	47-4845839
Awp I Lp	Member managed	1 Sep 2015	75% - 100%	47-5311229
Llc Lep Summer Holdings	Limited partner	1 Sep 2015	50% - 75%	37-1689318
Awp Gp Llc	General partner	1 Sep 2015	Other	47-5305328
George Lester Ball	Board of managers	1 Sep 2015	Other	11332
Mark Kevin Gormley	Board of managers	1 Sep 2015	Other	718402
Holly Day Deem	Board of managers	1 Sep 2015	Other	2665529
Llc Lee Equity Partners	Member	1 Sep 2015	50% - 75%	157422
Inc. The Edelman Financial Center	Member	1 Sep 2015	25% - 50%	81-0672613
Llc Lee Equity Partners Realization Fund Gp	General partner	1 Sep 2015	Other	47-5092925
Achi Yaffe	Board of managers	1 Sep 2015	Other	5167335
Edward Philip Moore	Board of managers	1 Sep 2015	Other	1468827
Bruce Robert Mcmaken	Board of managers	1 Dec 2015	Other	2851043
Daniel Joseph Rodriguez	Board of managers	1 Feb 2016	Other	4981411
Daniel J Rodriguez	Board of managers	1 Feb 2016	Other	4981411
L.P. Lee Equity Partners Realization Fund Summer Aiv	Member	1 Mar 2016	75% - 100%	36-4818709
Lep Realization Summer Llc	Limited partner	1 Mar 2016	50% - 75%	47-5027114
L.P. Lep Realization Feeder	Member	1 Mar 2016	75% - 100%	47-5356891
Mark Kevin Gormley	Manager	1 Mar 2016	25% - 50%	718402
Llc Hightower Holding	Owner	1 May 2017	75% - 100%	26-2270729
Llc Thl Equity Fund Vii Investors (Ht)	Owner	1 Jan 2018	50% - 75%	82-3551026

Based in St. Louis

The principal office where Duncker, Streett & Co., LLC performs its advisory services is located at 8000 Maryland, St. Louis, MO 63105, 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 314-726-2600 or by fax 314-726-2636. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at dunckerstreett.com.