Benjamin F. Edwards & Company, Incorporated (St. Louis)

Benjamin F. Edwards & Company, Incorporated provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, 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.

Benjamin F. Edwards & Company, Incorporated: assets under management

The assets under management (AUM) of Benjamin F. Edwards & Company, Incorporated is $6.65 billion. The firm's AUM has grown by 2544% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.64 billion in discretionary accounts and $4.01 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $192.49 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $279.14 thousand.

Benjamin F. Edwards & Company, Incorporated has custody of $2.03 billion in cash and securities for 7,212 clients in total and acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% 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 Benjamin F. Edwards & Company, Incorporated for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Benjamin Franklin Iv Edwards serves?

The firm provides services to individuals, 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 Benjamin Franklin Iv Edwards is individuals with 16,650 clients and $3.91 billion of assets under management. Among the 3 most similar advisory firms, Benjamin F. Edwards & Company, Incorporated has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $6.65 billion for 18,098 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.

Benjamin F. Edwards & Company, Incorporated doesn't advise any private funds.

Careers at Benjamin F. Edwards & Company, Incorporated

The company employs 432 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. 351 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.

Benjamin Franklin Iv Edwards has been acting as President since 1 Aug 2008. Todd Heinrich Brandstadt joined the executive team most recently as the Director.

Direct owners and executive officers

Based in St. Louis

The principal office where Benjamin F. Edwards & Company, Incorporated performs its advisory services is located at One North Brentwood Boulevard, St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Geneva, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-726-1600 or by fax 314-726-1601. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at benjaminfedwards.com.

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