Cozad Asset Management Inc (Champaign)


Cozad Asset Management Inc is a large advisory firm based in Champaign. It manages $1.18 billion of regulatory assets for 2,280 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.

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Cozad Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as may act as solicitor for other ria's.

Cozad Asset Management: assets under management

The assets under management (AUM) of Cozad Asset Management Inc is $1.18 billion. The firm's AUM has grown by 222% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.09 billion in discretionary accounts and $83.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $487.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.1 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cozad Asset Management Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Ronald Lane Kiddoo serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ronald Lane Kiddoo is high net worth individuals with 484 clients and $856.71 million of assets under management. Among the 9 most similar advisory firms, Cozad Asset Management has the highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $1.18 billion for 1,021 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.

Cozad Asset Management doesn't advise any private funds.

Careers at Cozad Asset Management Inc

The company employs 21 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ronald Lane Kiddoo has been acting as President since 1 Jan 1982. Stephen Craig Kiddoo joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Ronald Lane Kiddoo Chairman of the board, vice president, chief investment officer/director 1 Jan 1982 Other 1028779
Donald Ralph Casper Vice president 1 May 1982 Other 1047348
Stuart Thomas Meacham Vice pres., sec-treasurer,chief operations officer, chief financial officer, director 1 Oct 1982 Other 1094785
James Edward Vermette Exec. vice president 1 Jun 1983 Other 1147132
Lee Francis Smith Chief compliance officer,vice president, ass't. secretary, director of trading 1 Jun 1984 Other 1281878
George T Shapland Shareholder 1 Feb 1988 25% - 50% 1837717
Kent Paul Dauten Shareholder 1 Jun 1988 Other 6631645
Sherryl Dauten Marsh Shareholder 1 Jun 1988 Other 6631646
Johnston Allen Norris Shareholder 1 Jan 1992 Other 1281778
Gregory Dale Cozad President, chief executive officer, director 1 Nov 1993 Other 1046058
Cynthia C Norris Shareholder 1 Aug 1994 Other 6631623
Mary Frances Mcgrath Exec. vice president, director 1 May 2000 Other 1336517
Stephen Craig Kiddoo Chief compliance officer 1 Jan 2013 Other 5637857
Anne Joelle Storsved Director of tax department 1 Jan 2013 Other 4299254
James T. Shapland Decl. Of Trust Uad 02/16/2007 Shareholder 1 Jul 2014 25% - 50% 36-7623950
Stephen Craig Kiddoo Chief compliance officer 1 Jan 2016 Other 5637857

Based in Champaign

The principal office where Cozad Asset Management Inc performs its advisory services is located at 2501 Galen Drive, Champaign, IL 61821 7005 The mailing address of the firm is P. O. Box 3669, Champaign, IL 61826 3669. An additional office of the firm is in Hudson, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-356-8363 or by fax 217-355-1359. 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 cozadassetmgmt.com.