Campbell Newman Asset Management Inc (Milwaukee)


Campbell Newman Asset Management Inc is a large advisory firm based in Milwaukee. It manages $597.92 million of regulatory assets for 794 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Campbell Newman Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and provide model portfolio services to financial firms. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Campbell Newman Asset Management: assets under management

The assets under management (AUM) of Campbell Newman Asset Management Inc is $597.92 million. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $567.97 million in discretionary accounts and $29.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $716.23 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $29.94 million.
Campbell Newman Asset Management has custody of $173.85 million in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in government bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Campbell Newman Asset Management Inc for their services and products based on a percentage of assets under management 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 Leonard Campbell serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Leonard Campbell is high net worth individuals with 101 clients and $268.05 million of assets under management. Among the 7 most similar advisory firms, Campbell Newman Asset Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $597.92 million for 794 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.

Campbell Newman Asset Management doesn't advise any private funds.

Careers at Campbell Newman Asset Management Inc

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 4 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Leonard Campbell has been acting as President since 1 Jan 1977. Robin Joy Harrison joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Leonard Campbell Chairman 1 Jan 1977 25% - 50% 1983091
Jennifer Decloux Equity trader 1 Jan 1986 Other 1310696
Mary Campbell Brown Managing director 1 Nov 1986 Other 4334665
Burton William Bartlett Managing director 1 Jan 1991 Other 1038728
Kay Koester Campbell Secretary/treasurer, director 1 Aug 1991 Other 4334914
Wendy Susan Wilson Equity analyst 1 Apr 1994 Other 2002438
Susan Brookins Vice president 1 Jul 1995 Other 1653622
Peter Gunderson Altobelli Equity analyst 1 Dec 1995 Other 2601924
David Becker Associate director of research 1 Jun 1996 Other 2839572
David James Szatkowski Managing director 1 Jan 1997 Other 1986819
Douglas Fry Director of fixed income 1 Jun 1998 Other 2843274
William Roy Johnson Director 1 Dec 1998 Other 1714276
Joel Timothy Riesen Research associate 1 Apr 1999 Other 3062133
Mary Campbell Brown Irrevocable Trust Of 2000 Shareholder 1 Jun 2000 25% - 50% 39-6735012
Carla Campbell Bartlett Irrevocable Trust Of 2000 Shareholder 1 Jun 2000 25% - 50% 39-6735013
Harry Stephen Desmond Equity analyst 1 Feb 2001 Other 4517262
Jeffrey Lynn Bryden Managing director of fixed income 1 Oct 2001 Other 1242129
Thomas Henry Bolgert Vice president 1 Apr 2002 Other 2244537
Tom Henry Bolgert Vice president 1 Apr 2002 Other 2244537
Wendy Susan Stojadinovic Fixed income manager/equity analyst 1 Oct 2002 Other 2002438
Mary Campbell Brown Director and president 1 May 2003 50% - 75% 4334665
Leonard Campbell Shareholder 1 May 2003 25% - 50% 1983091
Kay Koester Campbell Director 1 May 2003 Other 4334914
Carla Campbell Bartlett Shareholder 1 May 2003 25% - 50% 4338038
Rimas Michael Milaitis Director of research 1 Sep 2005 Other 2853891
Maclovio Vega Fixed income manager 1 Sep 2005 Other 4442358
Jr. And Kay K. Campbell Revocable Trust Of 1997 Leonard Campbell Shareholder 1 Dec 2006 25% - 50% 39-6791598
Jeffrey Lynn Bryden Managing director of fixed income and chief compliance officer 1 Feb 2007 Other 1242129
Rimas Michael Milaitis Director of research 1 May 2008 Other 2853891
Robin Joy Harrison Chief compliance officer 1 Feb 2010 Other 2212255
Robin J Shirk Chief compliance officer 1 Feb 2010 Other 2212255

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mary Campbell Brown Trustee and beneficial owner 1 Jun 2000 75% - 100% 4334665
Carla Campbell Bartlett Trustee and beneficial owner 1 Jun 2000 75% - 100% 4338038
Kay Koester Campbell Trustee and beneficial owner 1 Dec 2006 25% - 50% 4334914

Based in Milwaukee

The principal office where Campbell Newman Asset Management Inc performs its advisory services is located at 330 East Kilbourn Avenue, Milwaukee, WI 53202, 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 414-908-6670 or by fax 262-243-7200. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at campbellnewman.com.

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