Salzinger Sheaff Brock, LLC (Indianapolis)

Name: Salzinger Sheaff Brock, LLC
Address: 8801 River Crossing Blvd, Indianapolis, IN, 46240
Telephone: 317-705-5700

Salzinger Sheaff Brock, LLC is a large advisory firm based in Indianapolis. It manages $153.42 million of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, Indiana, and 6 other states.

Salzinger Sheaff Brock provides portfolio management for individuals and small businesses 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.

Salzinger Sheaff Brock: assets under management

The assets under management (AUM) of Salzinger Sheaff Brock, LLC is $153.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 7571% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $153.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 million each.

Salzinger Sheaff Brock has custody of $18.56 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 77% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Salzinger Sheaff Brock, LLC for their services and products based on a percentage of assets under management. 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 Salzinger Sheaff Brock serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Salzinger Sheaff Brock is high net worth individuals with 38 clients and $87.85 million of assets under management. Among the 9 most similar advisory firms, Salzinger Sheaff Brock has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $153.42 million for 150 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.

Salzinger Sheaff Brock doesn't advise any private funds.

Careers at Salzinger Sheaff Brock, LLC

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Alan Salzinger	Chief investment officer, portfolio manager	1 Dec 2005	50% - 75%	2440005
Llc Sheaff Brock Capital Management	Member	1 Feb 2009	50% - 75%	45-4059000
David Sheaff Gilreath	Chief compliance officer	1 Feb 2009	25% - 50%	730793
Ronald Robert Brock	Chief financial officer	1 Feb 2009	25% - 50%	1349947
Llc Sheaff Brock Investment Advisors	Member	1 Feb 2009	50% - 75%	118739
Audrey Lynn Kurzawa	Chief compliance officer	1 Mar 2017	Other	4347202
Audrey L. Kurzawa	Chief compliance officer	1 Mar 2017	Other	4347202

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Sheaff Gilreath	Owner/member	1 Apr 2012	50% - 75%	730793
Ronald Robert Brock	Owner/member	1 Apr 2012	50% - 75%	1349947

Based in Indianapolis

The principal office where Salzinger Sheaff Brock, LLC performs its advisory services is located at 8801 River Crossing Blvd, Indianapolis, IN 46240, which is also the mailing address of the firm. An additional office of the firm is in Carmel, IN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-705-5700 or by fax 317-705-5110. The normal business hours are 9:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at salzingersheaffbrock.com.