Hutchens & Kramer Investment Management Group, LLC (Carmel)

Name: Hutchens & Kramer Investment Management Group, LLC
Address: 99 E Carmel Dr., Carmel, IN, 46032
Telephone: (317) 993-3999

Hutchens & Kramer Investment Management Group, LLC is a large advisory firm based in Carmel. It manages $102.73 million of regulatory assets for 420 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Illinois, Indiana, and Texas.

Hutchens & Kramer Investment Management Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Hutchens & Kramer Investment Management Group: assets under management

The assets under management (AUM) of Hutchens & Kramer Investment Management Group, LLC is $102.73 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.73 million in discretionary accounts and $5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $233.23 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5 million.

Hutchens & Kramer Investment Management Group has custody of $75 million in cash and securities for 106 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Hutchens & Kramer Investment Management Group, 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 Hutchens & Kramer Investment Management Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Hutchens & Kramer Investment Management Group is high net worth individuals with 59 clients and $57 million of assets under management. Among the 10 most similar advisory firms, Hutchens & Kramer Investment Management Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $95 million for 225 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.

Hutchens & Kramer Investment Management Group doesn't advise any private funds.

Careers at Hutchens & Kramer Investment Management Group, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
John Darrick Hutchens	Managing partner	1 Jul 2017	50% - 75%	4497161
Raymond Joseph Kramer	Managing partner, chief compliance officer	1 Jul 2017	50% - 75%	3247207

Based in Carmel

The principal office where Hutchens & Kramer Investment Management Group, LLC performs its advisory services is located at 99 E Carmel Dr., Carmel, IN 46032, 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) 993-3999 or by fax (317) 564-0596. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at mononwealth.com and its LinkedIn profile.