Alexander Investment Services Co. (Louisville)

Name: Alexander Investment Services Co.
Address: 909 Lily Creek Road #101, Louisville, KY, 40243 2808
Telephone: 502-459-4414

Alexander Investment Services Co. is a large advisory firm based in Louisville. It manages $357.25 million of regulatory assets for 3,798 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Kentucky.

Alexander Investment Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Alexander Investment Services: assets under management

The assets under management (AUM) of Alexander Investment Services Co. is $357.25 million. The firm's AUM has grown by 93% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.82 million in discretionary accounts and $346.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.82 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $91.24 thousand.

Alexander Investment Services has custody of $10.82 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment and business development companies, which make up 31% 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 Alexander Investment Services Co. 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.

What kind of clients Alexander Investment Services serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Alexander Investment Services is high net worth individuals with 71 clients and $129.69 million of assets under management. Among the 9 most similar advisory firms, Alexander Investment Services has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $357.25 million for 3,798 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.

Alexander Investment Services doesn't advise any private funds.

Careers at Alexander Investment Services Co.

The company employs 14 people that are either part- or full-time employees. 93 percent of the employees work as investment advisers or researchers. 13 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.

Alexander Investment Services Co. is owned by Thomas Craig Wilson. Leo Andrew Hanlein joined the executive team most recently as the President, Principal, Director, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Lynn Fox	Vice president, principal, director	1 Sep 1996	Other	1238021
Leo Andrew Hanlein	President, principal, director, chief compliance officer	1 Sep 1998	50% - 75%	2369588
Gerald Andrew Wells	Vice president, reg. principal, director	1 Sep 1998	Other	729663
Thomas Craig Wilson	Owner	1 Sep 1998	Other	1356727

Based in Louisville

The principal office where Alexander Investment Services Co. performs its advisory services is located at 909 Lily Creek Road #101, Louisville, KY 40243 2808, which is also the mailing address of the firm. An additional office of the firm is in Harlan, KY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 502-459-4414 or by fax 502-459-7535. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at aisretirement.com.