Eukles Asset Management, LLC (Cincinnati)


Eukles Asset Management, LLC is a large advisory firm based in Cincinnati. It manages $168.7 million of regulatory assets for 629 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Indiana, Kentucky, Ohio, and Texas.

Eukles Asset Management 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.

Eukles Asset Management: assets under management

The assets under management (AUM) of Eukles Asset Management, LLC is $168.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $168.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $268.2 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Eukles Asset Management, LLC for their services and products based on a percentage of assets under management. 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 Eukles Asset Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Eukles Asset Management is individuals with 329 clients and $125.9 million of assets under management. Among the 10 most similar advisory firms, Eukles Asset Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $168.7 million for 338 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.

Eukles Asset Management doesn't advise any private funds.

Careers at Eukles Asset Management, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Brian Lawrence Lysaght Chief executive officer, chief investment officer & chief compliance officer 1 Jan 2011 Other 5076230
Steven Randolf Jung Member 1 Jan 2011 50% - 75% 1440551
Timothy John Lysaght Member 1 Jan 2011 50% - 75% 1858903

Based in Cincinnati

The principal office where Eukles Asset Management, LLC performs its advisory services is located at 425 Walnut Street, Cincinnati, OH 45202, 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 513-977-4799. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at euklesam.com.