Olde Asset Management Inc (Detroit)

Olde Asset Management Inc is a large advisory firm based in Detroit. It manages $3.38 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2001.

Olde Asset Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Olde Asset Management: assets under management

The assets under management (AUM) of Olde Asset Management Inc is $3.38 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.38 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Olde Asset Management Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Olde Asset Management Inc

Mack Harry Sutton has been acting as President since 1 Oct 1989. Lyle Ben Schonberger joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Olde Financial Corporation	Owner	1 Sep 1987	75% - 100%	38-2722519
Gregory Allen Hohenshil	President, director	1 Jan 1988	Other	1409802
Mack Harry Sutton	Director	1 Oct 1989	Other	1388260
Lyle Ben Schonberger	President	1 Jun 2001	Other	2459054

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. H&R Block	Indirect shareholder	1 Dec 1999	75% - 100%	44-0607856
Block Financial Corporation	Indirect shareholder	1 Dec 1999	75% - 100%	52-1781495

Based in Detroit

The principal office where Olde Asset Management Inc performs its advisory services is located at 751 Griswold, Detroit, MI 48226, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 313-961-6666 or by fax 313-628-1903. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.