Union Federal Bank Of Indianapolis (Indianapolis)

Name: Union Federal Bank Of Indianapolis
Address: 45 N Pennsylvania St, Indianapolis, IN, 46204
Telephone: 317-269-4831

Union Federal Bank Of Indianapolis is a large advisory firm based in Indianapolis. It manages $40.55 million of regulatory assets for 301 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Indiana.

Union Federal Bank Of Indianapolis provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Union Federal Bank Of Indianapolis: assets under management

The assets under management (AUM) of Union Federal Bank Of Indianapolis is $40.55 million. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25.55 million in discretionary accounts and $15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $84.27 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Union Federal Bank Of Indianapolis for their services and products based on a percentage of assets under management, 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.

Careers at Union Federal Bank Of Indianapolis

Richard D Waterfield has been acting as President since 1 Jan 1984. Doug Houston Strott joined the executive team most recently as the Vice President And Trust Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jerry D Von Deylen	Director/president	1 Dec 1983	Other	4379585
Richard D Waterfield	Director/chairman of the board	1 Jan 1984	Other	4379573
Lonnie G Frauhiger	Director/executive vice president	1 Jan 1984	Other	4380295
Richard Dallas Waterfield	Director	1 Jan 1984	Other	4379573
Donald A Sherman	Director	1 Sep 1984	Other	4379583
Incorporated Waterfield Mortgage Company	Owner	1 Sep 1984	75% - 100%	35-0742323
Donald Alan Sherman	Director/chairman of the board	1 Sep 1984	Other	4379583
Thomas Meade West	Director	1 Apr 1992	Other	463900
John Timothy Mcginley	Director	1 Aug 2000	Other	1464026
John W. Perry	1st vice president & trust officer	1 Jul 2001	Other	4518450
John Wayne Perry	1st vice president & trust officer	1 Jul 2001	Other	4518450
Alvin Theorin Stolen	Director/president	1 Jun 2002	Other	4645541
Stephen (No Middle Name) Goldsmith	Director	1 Apr 2003	Other	4727385
Howard Landon Chapman	Director	1 Apr 2003	Other	4727386
Jeffrey Hugh Thomasson	Director	1 Apr 2003	Other	1041291
Dan Ralph Dalton	Director	1 Oct 2003	Other	4727388
Doug Houston Strott	Vice president and trust officer	1 Dec 2003	Other	1704065

Based in Indianapolis

The principal office where Union Federal Bank Of Indianapolis performs its advisory services is located at 45 N Pennsylvania St, Indianapolis, IN 46204, 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 317-269-4831 or by fax 317-269-4840. The normal business hours are 9a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.unionfedbank.com.