American Money Management Corporation ("Ammc") (Cincinnati)

American Money Management Corporation ("Ammc") is a large advisory firm based in Cincinnati. It manages $53.22 billion of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Ohio.

American Money Management Corporation ("Ammc") provides portfolio management for pooled investment vehicles and 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.

American Money Management Corporation ("Ammc"): assets under management

The assets under management (AUM) of American Money Management Corporation ("Ammc") is $53.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 102% since the beginning of its operation, and $4.7 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $53.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 billion each.

Investments

The firm invests in pooled investment vehicles the most. They account for 28% of the total AUM. The second-largest asset type is state and local bonds, which make up 14% of the firm’s portfolio. Investments in other assets form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay American Money Management Corporation ("Ammc") 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.

What kind of clients John B. Berding serves?

The firm provides services to insurance companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of John B. Berding is insurance companies with 34 clients and $48.5 billion of assets under management. Among the 8 most similar advisory firms, American Money Management Corporation ("Ammc") has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $53.22 billion for 50 clients. 30% of the firm’s clients are foreign persons or businesses.

American Money Management Corporation ("Ammc") also advises several private funds. Namely, fifteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at American Money Management Corporation ("Ammc")

The company employs 26 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. No 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.

John B. Berding has been acting as President since 1 Jan 2011. John S Fronduti joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. American Financial Group	Sole shareholder	1 Mar 1973	75% - 100%	31-1544320
Sandra W. Heimann	Director, vice president	1 Mar 1973	Other	6034917
Thomas Joseph Dattilo	Senior vice president	1 Jun 1995	Other	1258631
Douglas Frank Marcian	Executive vice president	1 Jun 1995	Other	1191192
Joanne Beth Schubert	Senior vice president	1 Jun 1995	Other	6034384
David T. Shipp	Senior vice president	1 Jun 1995	Other	6034386
Daniel J Vonderhaar	Senior vice president	1 Jun 1995	Other	6034387
David Timothy Shipp	Senior vice president	1 Jun 1995	Other	6034386
Chester M. Eng	Senior vice president	1 Dec 1999	Other	6034375
Chester Ming Eng	Senior vice president	1 Dec 1999	Other	6034375
David P. Meyer	Senior vice president	1 Jun 2006	Other	6034383
Thomas J. Keitel	Senior vice president	1 Jun 2006	Other	6175042
David Paul Meyer	Senior vice president	1 Jun 2006	Other	6034383
Thomas Joseph Keitel	Senior vice president	1 Jun 2006	Other	6175042
Kenneth J. Bushman	Vice president	1 Jan 2007	Other	6034372
James E. Evans	Director	1 Jun 2008	Other	6034916
William Patrick Hogan	Senior vice president	1 Jun 2009	Other	1360111
John B. Berding	President	1 Jan 2011	Other	6034369
John Bernard Berding	President	1 Jan 2011	Other	6034369
S. Craig Lindner	Chairman	1 Jan 2011	Other	6034913
Jason J. Maney	Senior vice president	1 Feb 2011	Other	6034376
Jason James Maney	Senior vice president	1 Feb 2011	Other	6034376
Karl J. Grafe	Secretary	1 Mar 2012	Other	6034918
Karl Joseph Grafe	Secretary	1 Mar 2012	Other	6034918
Mark Andrew Weiss	Chief compliance officer, vice president, assistant secretary	1 Mar 2013	Other	1686049
John S Fronduti	Vice president	1 Apr 2015	Other	6775302
John Scott Fronduti	Vice president	1 Apr 2015	Other	6775302

Based in Cincinnati

The principal office where American Money Management Corporation ("Ammc") performs its advisory services is located at 301 East Fourth Street, 38 Th Floor, Cincinnati, OH 45202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (513) 579-2121 or by fax (513) 579-2580. The normal business hours are 8 am - 5:30 pm on Monday - Friday.