Planmember Securities Corporation (Carpinteria)

Name: Planmember Securities Corporation
Address: 6187 Carpinteria Avenue, Carpinteria, CA, 93013
Telephone: 805-684-1199

Planmember Securities Corporation is a large advisory firm based in Carpinteria. It manages $4.29 billion of regulatory assets for 73,525 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 48 other states.

Planmember Securities Corporation 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, educational seminars and workshops, and provides investment supervisory services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Planmember Securities Corporation: assets under management

The assets under management (AUM) of Planmember Securities Corporation is $4.29 billion. The firm's AUM has grown by 615% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.26 billion in discretionary accounts and $29.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.34 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 1% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Planmember Securities Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Jon Michael Ziehl 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 Jon Michael Ziehl is individuals with 73,206 clients and $4.04 billion of assets under management. Among the 10 most similar advisory firms, Planmember Securities Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $4.29 billion for 73,525 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.

Planmember Securities Corporation doesn't advise any private funds.

Careers at Planmember Securities Corporation

The company employs 274 people that are either part- or full-time employees. 49 percent of the employees work as investment advisers or researchers. 123 employees are registered as investment adviser representatives with the state securities authorities.

There are 728 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jon Michael Ziehl has been acting as President since 1 Sep 1984. Byron Francis Bowman joined the executive team most recently as the Chief Legal Officer & Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jon Michael Ziehl	President	1 Sep 1984	Other	707642
Planmember Financial Corporation	Owner	1 Dec 1991	75% - 100%	25-1651947
Jeffrey Frank Karfonta	Svp finance	1 Sep 1996	Other	2677784
Richard Hillyard Ford	Svp broker dealer	1 Sep 1997	Other	1349184
Patricia Marie Stonedamen	Vice president legal/compliance	1 Jan 1998	Other	2667517
Terrall Joseph Janeway	Evp/chief operating officer	1 Oct 1998	Other	2947154
Steven Jerome Neperud	Vice president business development	1 Jun 2000	Other	2625783
Charlie Kent Christian	Evp sales & business development	1 Dec 2000	Other	1465883
Abdiel Alan Valenzuela	Vp of compliance/cco	1 Nov 2004	Other	xxx-xx-xxxx
Daniel Anthony Jr Murphy	Chief compliance officer/vp	1 Mar 2005	Other	xxx-xx-xxxx
William Starr Kemble	Vice president finance/finop	1 Jun 2007	Other	5239389
William Starr Kemble	Sr. vice president finance/finop/cfo	1 Jan 2008	Other	5239389
Byron Francis Bowman	Chief legal officer & secretary	1 Feb 2014	Other	2673117

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Austin Edward Hills	Shareholder series a	1 Jul 1993	50% - 75%	1527339
Dean Alan Ziehl	Shareholder series a	1 Jul 1993	25% - 50%	4070988
Robert Scott London	Shareholder class b	1 Mar 1996	25% - 50%	312098
Marie Estes Collins	Shareholder series b	1 Jul 1996	25% - 50%	1057314
L.L.C. Cornerstone Fund I	Shareholder series c	1 Mar 1999	25% - 50%	n/a
L.P. Hunt Capital Growth Fund Ii	Shareholder series c	1 Mar 1999	50% - 75%	n/a
Llc Axa Equitable Financial Services	Shareholder	1 Jun 2002	75% - 100%	52-2197822
Inc. Axa Financial	Member	1 Jun 2002	75% - 100%	13-3623351
Axa America Holdings Inc.	Shareholder	1 Nov 2004	75% - 100%	90-0226248
Lp Lovell Minnick Equity Partners Ii	Shareholder series d preferred	1 Nov 2006	50% - 75%	52-2415003
Axa Distribution Holding Corporation (A Delaware Corporation)	Shareholder series e preferred	1 Feb 2013	25% - 50%	13-4078005

Based in Carpinteria

The principal office where Planmember Securities Corporation performs its advisory services is located at 6187 Carpinteria Avenue, Carpinteria, CA 93013, which is also the mailing address of the firm. An additional office of the firm is in Redlands, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 805-684-1199 or by fax 805-684-3500. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at planmember.com.