Allegiant Asset Management Company (Cleveland)

Name: Allegiant Asset Management Company
Address: 200 Public Square, 5 Th Floor Loc 10 86 Ps 04, Cleveland, OH, 44114
Telephone: 216-222-8699

Allegiant Asset Management Company is a large advisory firm based in Cleveland. It manages $27.84 billion of regulatory assets for 1,736 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Allegiant Asset Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Allegiant Asset Management Company: assets under management

The assets under management (AUM) of Allegiant Asset Management Company is $27.84 billion. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.82 billion in discretionary accounts and $17.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.43 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Allegiant Asset Management Company for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.

Careers at Allegiant Asset Management Company

Kathleen Theresa Barr has been acting as President since 1 Jul 1998. Inc The Pnc Financial Services Group joined the executive team most recently as the Indirect Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
National City Bank Of The Midwest	100% owner	1 Dec 1985	75% - 100%	38-0541170
National City Bank	100% owner	1 Dec 1985	75% - 100%	38-0541170
Kathleen Theresa Barr	Director/managing director	1 Jul 1998	Other	1447347
Joseph Charles Penko	Director/treasurer/managing director	1 May 2000	Other	4340868
Jaqueline Marie Hummel	Chief compliance officer	1 May 2004	Other	5039139
Ted Michael Parker	Chairman	1 Mar 2005	Other	2332365
John Abunassar	Director	1 Mar 2005	Other	4360690
Andrew Douglas Harding	Director	1 Mar 2005	Other	720978
Gordon Alvin Johnson	Director	1 Mar 2005	Other	2109867
Jaqueline Marie Hummel	Chief compliance officer	1 May 2005	Other	5039139
Hitesh C Patel	Director and senior managing director	1 Apr 2006	Other	5192244
Joseph Patrick Olszak	Director and chief administrative officer	1 Jan 2007	Other	5310847

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
National City Corporation	Indirect owner	1 Mar 1998	75% - 100%	34-1111088
Inc The Pnc Financial Services Group	Indirect owner	1 Dec 2008	75% - 100%	22-1146430

Based in Cleveland

The principal office where Allegiant Asset Management Company performs its advisory services is located at 200 Public Square, 5 Th Floor Loc 10 86 Ps 04, Cleveland, OH 44114, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-222-8699 or by fax 216-222-0220. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.allegiantgroup.com.