Pecaut & Co. is a large advisory firm based in Sioux City. It manages $223 million of regulatory assets for 321 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Iowa, Nebraska, New York, and South Dakota.
Pecaut & provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and makes investment recommendations. 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 Pecaut & Co. is $223 million. The firm's AUM has grown by 473% since the beginning of its operation, and $13.95 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Pecaut & Co. 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 firm provides services to individuals and high net worth individuals. The largest group of clients of Daniel Scott Pecaut is high net worth individuals with 58 clients and $163.85 million of assets under management. Among the 8 most similar advisory firms, Pecaut & has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $198.37 million for 144 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Pecaut & doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 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.
Daniel Scott Pecaut has been acting as President since 1 Apr 1993. Corey John Wrenn joined the executive team most recently as the Chief Executive Officer And President.
The principal office where Pecaut & Co. performs its advisory services is located at 401 Douglas St, Ste 415, Sioux City, IA 51101, 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 712-252-3268 or by fax 712-566-5073. The normal business hours are 8:00am-4:00pm on Monday - Friday. You can find more information about the New York firm at pecautandcompany.com.