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


Benjamin F. Edwards & Company, Incorporated is a large advisory firm based in St. Louis. It manages $6.65 billion of regulatory assets for 28,080 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

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. 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 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


Name Entity Date acquired Ownership Employer ID
Benjamin Franklin Iv Edwards Chairman/chief executive officer, president 1 Aug 2008 Other 1061490
Cynthia Lyn Bohme Director/corporate secretary/chief administrative officer 1 Aug 2008 Other 1079852
Cynthia Schulz Becker Secretary/cao 1 Aug 2008 Other 1079852
Inc. Benjamin Edwards Owner 1 Oct 2008 75% - 100% 26-3472087
Kurt Dehol Longworth Chief operating officer 1 Oct 2008 Other 1218542
Edgar Allen Ii Cole Director/executive director of law & compliance/chief counsel 1 Nov 2008 Other 2362072
Thomas Hayden Jr Martin Director/chief financial officer 1 Sep 2009 Other 1459719
John William Forrester Director/regional manager 1 Apr 2010 Other 831535
Christopher M Keller Director/chief information officer 1 Apr 2010 Other 4346617
Martin Wade Altenberger Director/director of branch services, regional manager 1 May 2010 Other 1230104
Albert Joseph Jr Tylka Director/director of operations 1 Jul 2010 Other 1432997
Roger Allen Buller Director/regional manager 1 Nov 2010 Other 1547996
Blake Robert Dunlop Director/regional manager 1 Jan 2012 Other 1276883
Douglas David Rubenstein Director/director of capital markets & business strategy 1 Jun 2012 Other 1138380
Joseph Edward Petty Director/regional manager 1 Oct 2012 Other 1283892
Kortney Justine Christensen Director/director of sales & marketing 1 Aug 2013 Other 3208670
David William Hanson Director/regional manager 1 Aug 2013 Other 715793
Mark Patterson Fellows Director/regional manager 1 Nov 2013 Other 1600661
Sandra Lynn Dye Director/assistant director of operations 1 Nov 2013 Other 1837762
Joanne Marie Welker Director/manager advisory services 1 Nov 2013 Other 2300075
Lois Marie Moore Powell Director/regional manager 1 Nov 2013 Other 1392690
Billy Joe Wisdom Chief compliance officer 1 Jan 2015 Other 1810908
Douglas David Rubenstein Director/coo and director of capital markets 1 Aug 2016 Other 1138380
Craig Robert Schermerhorn Director 1 Jun 2017 Other 824788
Christopher Mark Whiting Director of sales & marketing 1 Sep 2018 Other 2242513
Todd Heinrich Brandstadt Director 1 Feb 2019 Other 2631699
Malissa E Romack Director 1 Feb 2019 Other 2367758
Roland Harold Deliniere Director/regional manager 1 Feb 2019 Other 1038322
Neal James Baumann Director/regional manager 1 Feb 2019 Other 1480636

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.