Wasmer Schroeder & Co Inc (Naples)

Name: Wasmer Schroeder & Co Inc
Address: 600 Fifth Avenue South, Naples, FL, 34102
Telephone: 239-263-6877

Wasmer Schroeder & Co Inc is a large advisory firm based in Naples. It manages $7.63 billion of regulatory assets for 3,808 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 41 other states.

Wasmer Schroeder & provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Wasmer Schroeder &: assets under management

The assets under management (AUM) of Wasmer Schroeder & Co Inc is $7.63 billion. The firm's AUM has grown by 3340% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.53 billion in discretionary accounts and $102.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.25 million.

Wasmer Schroeder & has custody of $37.94 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wasmer Schroeder & Co Inc for their services and products based on a percentage of assets under management 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.

Careers at Wasmer Schroeder & Co Inc

Michael John Schroeder has been acting as President since 1 Aug 1991. Schroeder & Company Inc. Wasmer joined the executive team most recently as the Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Martin Manning Wasmer	Chief executive officer	1 Jan 1987	25% - 50%	1201458
Michael John Schroeder	President	1 Aug 1991	25% - 50%	1007003
Donna Marie Sisia	Vice president	1 Aug 1991	Other	4338890
John C. Wasmer	Shareholder	1 Jul 2001	Other	4435027
George F. Wasmer	Shareholder	1 Jul 2001	Other	4435032
John Charles Wasmer	Shareholder	1 Jul 2001	Other	4435027
George Francis Wasmer	Shareholder	1 Jul 2001	Other	4435032
Josephine Mary Haines	Chief compliance officer, sr. vice president	1 Jun 2005	Other	2431012
Josephine Mary Dimolfetta	Chief compliance officer, sr. vice president	1 Jun 2005	Other	2431012
Justin Stewart Land	Vice president	1 Feb 2006	Other	4895694
Jason Duane Diefenthaler	Vice president	1 Jul 2006	Other	4895764
Edward Allen Morton	Managing director	1 Feb 2007	Other	5297520
John Stephen Majoros	Managing director	1 Jan 2008	Other	1975104
Thomas Noyes Richmond	Managing director	1 Jan 2008	Other	1799638
Elizabeth Reed Mchugh	Director of client services	1 Mar 2008	Other	5774803
Elizabeth R Mchugh	Director of client services	1 Mar 2008	Other	5774803
Jeffrey Moon Yun	Managing director	1 Sep 2009	Other	3054034
Jason Duane Diefenthaler	Senior vice president	1 May 2010	Other	4895764
Justin Stewart Land	Senior vice president	1 May 2010	Other	4895694
Emily Mahan Riddell	Vice president - portfolio manager	1 Oct 2010	Other	5859237
Justin Stewart Land	Director of tax exempt portfolio management	1 Sep 2013	Other	4895694
Brian Michael Dixon	Portfolio manager	1 Dec 2014	Other	5724698
Douglas Everett Fowler	Vice president - senior portfolio manager	1 Jan 2016	Other	2705037
Schroeder & Company Inc. Wasmer	Manager	1 Mar 2017	75% - 100%	59-2771369

Based in Naples

The principal office where Wasmer Schroeder & Co Inc performs its advisory services is located at 600 Fifth Avenue South, Naples, FL 34102, which is also the mailing address of the firm. An additional office of the firm is in Portland, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-263-6877 or by fax 239-263-8146. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at wasmerschroeder.com/.