1 St Source Corporation Investment Advisors, Inc. is a large advisory firm based in South Bend. It manages $3.74 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Indiana and Michigan.
1 St Source Corporation Investment Advisors provides portfolio management for businesses and institutional clients and seminars - no fee. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of 1 St Source Corporation Investment Advisors, Inc. is $3.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay 1 St Source Corporation Investment Advisors, 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.
The only and largest group of clients of Paul Wayne Gifford is banking or thrift institutions with 1 clients and $3.74 billion of assets under management. Among the 7 most similar advisory firms, 1 St Source Corporation Investment Advisors has the highest percentage of banking or thrift institutions out of all clients.
The amount of regulatory assets under management is $3.74 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.
1 St Source Corporation Investment Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 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.
Paul Wayne Gifford has been acting as President since 1 Jul 2001. Ralph Clayton Shive has served as the Chief Investment Officer since 1 Jul 2001. Jonathan William Cisna joined the executive team most recently as the Portfolio Manager.
The principal office where 1 St Source Corporation Investment Advisors, Inc. performs its advisory services is located at 100 North Michigan Street, South Bend, IN 46601 The mailing address of the firm is P.O Box 1602, South Bend, IN 46634. An additional office of the firm is in Fort Wayne, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 574-235-2756 or by fax 574-235-2077. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at 1stsource.com.