Columbus Investment Advisory Inc. (New Albany)

Columbus Investment Advisory Inc. is a large advisory firm based in New Albany. It manages $307.26 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdiction of Ohio.

Columbus Investment Advisory provides portfolio management for individuals and small businesses and financial consulting and reporting services.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Columbus Investment Advisory: assets under management

The assets under management (AUM) of Columbus Investment Advisory Inc. is $307.26 million. The firm's AUM has grown by 112% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $305.55 million in discretionary accounts and $1.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.72 million.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Columbus Investment Advisory Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 John Lee Schlater serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of John Lee Schlater is high net worth individuals with 17 clients and $211.06 million of assets under management. Among the 10 most similar advisory firms, Columbus Investment Advisory has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $307.26 million for 89 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.

Columbus Investment Advisory doesn't advise any private funds.

Careers at Columbus Investment Advisory Inc.

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No 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.

Columbus Investment Advisory Inc. is owned by Frank William Siegel. John Lee Schlater has been acting as President since 1 Jan 1996. H Carl Juckett joined the executive team most recently as the Cco And Coo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Debra Ann Schlater	Secretary/treasurer	1 Jan 1996	Other	4301869
John Lee Schlater	President	1 Jan 1996	75% - 100%	1309369
Frank William Siegel	Chief operations officer	1 Mar 2002	Other	814006
Frank William Siegel	Chief operating officer and chief compliance officer	1 Jan 2004	Other	814006
Frank William Siegel	Owner	1 Jul 2012	Other	814006
H Carl Juckett	Cco and coo	1 Jan 2015	Other	1934808

Based in New Albany

The principal office where Columbus Investment Advisory Inc. performs its advisory services is located at 68 North High Street, New Albany, OH 43054 7101, 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 614-882-1418 or by fax 614-882-1750. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday.