Meeder Advisory Services, Inc (Dublin)


Meeder Advisory Services, Inc is a large advisory firm based in Dublin. It manages $333.27 million of regulatory assets for 4,712 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 41 other states.

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

Meeder Advisory Services: assets under management

The assets under management (AUM) of Meeder Advisory Services, Inc is $333.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 593% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $333.27 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70.73 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Meeder Advisory Services, 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.

What kind of clients Robert Sherman Meeder serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Robert Sherman Meeder is individuals with 4,662 clients and $218.01 million of assets under management. Among the 12 most similar advisory firms, Meeder Advisory Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $333.27 million for 4,712 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.

Meeder Advisory Services doesn't advise any private funds.

Careers at Meeder Advisory Services, Inc

The company employs 89 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. 19 employees are registered as investment adviser representatives with the state securities authorities.

There are 41 people 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 receive compensation from other entities for client referrals.

Robert Sherman Meeder has been acting as President since 1 Oct 1991. Robert Wagner has served as the Chief Investment Officer since 1 Jan 2005. Robert Sherman (Sr) Meeder joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Meeder Investment Management Parent corporation 1 Oct 1991 75% - 100% 31-1188077
Robert Sherman Meeder President 1 Oct 1991 50% - 75% 2867295
Robert Sherman (Sr) Meeder Director 1 Oct 1991 Other 2867291
Robert Sherman (Jr) Meeder President 1 Oct 1991 Other 2867295
Inc. Meeder Financial Parent corporation 1 Oct 1991 75% - 100% 31-1188077
Robert S (Sr) Meeder Director 1 Oct 1991 50% - 75% 2867291
Donald Frank Meeder Secretary 1 Oct 1991 Other 2733687
Philip Allan Voelker Vice president and cio 1 Oct 1991 Other 2820125
Wesley Fallon Hoag Vice president and general counsel 1 Sep 1993 Other 2932799
Joseph Andrew Zarr Vice president - portfolio manager 1 Sep 1993 Other 846067
Thomas Edward Line Chief operating offcier 1 Jun 1998 Other 4334606
Ronald Charles Paul Treasurer 1 Mar 1999 Other 2903878
Michael Jude Sullivan Vp sales and marketing 1 Dec 1999 Other 3080324
David Michael Rose Chief operating officer 1 Mar 2002 Other 2809947
Patrick Florian Maulden Vp, sales and marketing 1 Jan 2005 Other 2359045
Robert Wagner Chief investment officer 1 Jan 2005 Other 2842923
Linda Moran Vp, human resources 1 Jan 2005 Other 4927251
Dale William Smith Chief financial officer, chief investment officer 1 Mar 2005 Other 1792335
James Bernard Craver General counsel, chief compliance officer 1 Mar 2006 Other 823298
Terra Dawn Case Vp, assoc. general counsel and secretary 1 May 2006 Other 2942652
Anthony Lawrence Mercure Chief operating officer 1 Nov 2006 Other 1947623
David Michael Ricci Vice president, sales and marketing 1 Jan 2008 Other 1819429
David Resor Carson Chief compliance officer 1 Apr 2008 Other 4741213
Deanna Louise Sparks Secretary 1 Apr 2009 Other 3130600
James Bernard Craver Assistant cco 1 Sep 2009 Other 823298
Mary Margaret Bull Legal counsel/asst. compliance officer 1 Mar 2011 Other 2074604
Stephen Edward Hoffman Chief compliance officer 1 Mar 2011 Other 2605261
John Jason Click Senior vice president 1 Oct 2011 Other 3060649
Bruce Edward Mckibben Chief compliance officer 1 Dec 2013 Other 2177007
Bruce E Mckibben Chief compliance officer 1 Dec 2013 Other 2177007
Richard Reid Lavin Chief legal officer 1 Feb 2014 Other 6318973
Richard Lavin Chief legal officer 1 Feb 2014 Other 6318973
Timothy Neil Mccabe Chief legal counsel 1 Sep 2015 Other 5960808
Adam Scott Ness Chief financial officer 1 Aug 2016 Other 3083419
Douglas Jennings Chief compliance officer 1 Sep 2016 Other 6700237
Douglas Richard Jennings Chief compliance officer 1 Sep 2016 Other 6700237
Dale William Smith Co-chief investment officer 1 Jan 2017 Other 1792335
Clinton Lee Brewer Co-chief investment officer 1 Jan 2017 Other 4838530
Adam Scott Ness Chief operative officer 1 Oct 2017 Other 3083419
Daniel Patrick Otoole Senior vice president 1 Oct 2017 Other 1710600

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert Sherman Meeder President 1 May 1993 50% - 75% 2867295
Robert Sherman (Jr) Meeder President 1 May 1993 50% - 75% 2867295
Robert Sherman (Sr) Meeder Shareholder 1 Jul 2018 25% - 50% 2867291

Based in Dublin

The principal office where Meeder Advisory Services, Inc performs its advisory services is located at 6125 Memorial Dr, Dublin, OH 43017 The mailing address of the firm is P. O. Box 7177, Dublin, OH 43017. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-325-3539 or by fax 614-766-6669. 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 meederinvestment.com.