Pension Consultants Inc (Springfield)


Pension Consultants Inc is a large advisory firm based in Springfield. It manages $3.26 billion of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, Indiana, Kansas, and 4 other states.

Pension Consultants provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, educational seminars and workshops, and consulting; plan participant advisory services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pension Consultants: assets under management

The assets under management (AUM) of Pension Consultants Inc is $3.26 billion. The firm's AUM has grown by 1159% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.17 billion in discretionary accounts and $2.09 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.15 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.85 million.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pension Consultants Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Pension Consultants serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Pension Consultants is pension and profit sharing plans with 57 clients and $3.21 billion of assets under management. Among the 10 most similar advisory firms, Pension Consultants has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $3.26 billion for 99 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.

Pension Consultants doesn't advise any private funds.

Careers at Pension Consultants Inc

The company employs 22 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 12 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Brian David Allen President, chief compliance officer 1 Aug 1994 75% - 100% 2020476
Christopher Ronald Thixton Vice president 1 Aug 1994 Other 2654637
Christopher Ronald Thixton Independent contractor 1 Jan 2005 Other 2654637
John Michael Thomas Chief compliance officer 1 Jan 2007 Other 5099935
Rhonda R Wright Director of finance & operations, chief compliance officer 1 Aug 2015 Other 6278827
Robert D Mccracken Director of finance & operations, chief compliance officer 1 Jan 2017 Other 5971072
Cody Lee Mendenhall Executive director 1 Jan 2017 Other 5409073
Christopher Ronald Thixton Principal 1 Dec 2017 Other 2654637
Jenna Pfeifer Chief compliance officer & director, finance & operations 1 Sep 2018 Other 7013298

Based in Springfield

The principal office where Pension Consultants Inc performs its advisory services is located at 300 South Campbell Ave., Springfield, MO 65806, which is also the mailing address of the firm. An additional office of the firm is in Joplin, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 417.889.4918 or by fax 417.889.9962. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pension-consultants.com and its LinkedIn profile.