Regions Investment Management, Inc. (Birmingham)

Regions Investment Management, Inc. is a large advisory firm based in Birmingham. It manages $12.23 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arkansas, California, and 22 other states.

Regions Investment Management provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Regions Investment Management: assets under management

The assets under management (AUM) of Regions Investment Management, Inc. is $12.23 billion. The firm's AUM has grown by 22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9 billion in discretionary accounts and $3.23 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.23 billion.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Regions Investment Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Regions Investment Management, Inc.

The company employs 28 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Donald William Korn has been acting as President since 1 Aug 2012. Cynthia Denise Morrison joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Birmingham

The principal office where Regions Investment Management, Inc. performs its advisory services is located at 1900 5 Th Avenue North, Birmingham, AL 35203 2618, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-264-7074 or by fax 205-326-5334. The normal business hours are 8:00am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at regions.com.

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