First Ohio Planning, LLC (Columbus)

Name: First Ohio Planning, LLC
Address: 1429 King Avenue, Columbus, OH, 43212
Telephone: 614-486-0691

First Ohio Planning, LLC is a large advisory firm based in Columbus. It manages $221.46 million of regulatory assets for 706 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, Ohio, and Texas.

First Ohio Planning provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Ohio Planning: assets under management

The assets under management (AUM) of First Ohio Planning, LLC is $221.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $221.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.68 thousand each.

First Ohio Planning has custody of $81.41 million in cash and securities for 191 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 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Ohio Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients First Ohio Planning serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of First Ohio Planning is high net worth individuals with 56 clients and $121.97 million of assets under management. Among the 10 most similar advisory firms, First Ohio Planning has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $221.46 million for 309 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.

First Ohio Planning doesn't advise any private funds.

Careers at First Ohio Planning, LLC

The company employs 6 people that are either part- or full-time employees. 50 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
James Schell Ryan	Sole member and chief compliance officer	1 Jan 2012	75% - 100%	1034191

Based in Columbus

The principal office where First Ohio Planning, LLC performs its advisory services is located at 1429 King Avenue, Columbus, OH 43212, 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 614-486-0691 or by fax 614-486-0694. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at firstohioplanning.com.