Modern Portfolio Management Inc is a large advisory firm based in Holland. It manages $493.52 million of regulatory assets for 2,053 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
Modern Portfolio Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Modern Portfolio Management Inc is $493.52 million. The firm's AUM has grown by 13% 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 Modern Portfolio Management Inc for their services and products based on a percentage of assets under management, hourly charges, 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 firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bryan Frederick Ohm is high net worth individuals with 225 clients and $331.81 million of assets under management. Among the 10 most similar advisory firms, Modern Portfolio Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $493.52 million for 1,020 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.
Modern Portfolio Management doesn't advise any private funds.
The company employs 24 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.
There are 8 people 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.
Bryan Frederick Ohm has been acting as President since 1 Mar 1995. Christine Elevich Ohm joined the executive team most recently as the Cco.
The principal office where Modern Portfolio Management Inc performs its advisory services is located at 7429 International Drive, Holland, OH 43528, which is also the mailing address of the firm. An additional office of the firm is in Southfield, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 419-861-1400 or by fax 419-893-8024. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at modernportfoliomgt.com.