On Investment Management Co (Cincinnati)


On Investment Management Co is a large advisory firm based in Cincinnati. It manages $1.46 billion of regulatory assets for 10,580 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

On Investment Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and morningstar investment services llc, sei, assetmark, brinker capital, lockwood, symmetry partners, lindner capital, envestnet. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

On Investment Management: assets under management

The assets under management (AUM) of On Investment Management Co is $1.46 billion. The firm's AUM has grown by 375% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $368.36 million in discretionary accounts and $1.09 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $121.94 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 71% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay On Investment Management Co for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gary Thomas Huffman serves?

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 Gary Thomas Huffman is individuals with 8,567 clients and $1.14 billion of assets under management. Among the 9 most similar advisory firms, On Investment Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.46 billion for 9,000 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.

On Investment Management doesn't advise any private funds.

Careers at On Investment Management Co

The company employs 374 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 374 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.

Gary Thomas Huffman has been acting as President since 1 Jan 2011. Harry Douglas Cooke joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
The O.N. Equity Sales Company Owner 1 Oct 1969 75% - 100% 2936
John Jacob Palmer President/director 1 Mar 1997 Other 1207441
David Gates Smith Vice president/director 1 Mar 1997 Other 427266
Michael F Haverkamp Secretary/director 1 Mar 1997 Other 2822173
Dennis Ray Taney Treasurer 1 May 1998 Other 1677817
Barbara Ann Turner Vice president/treasurer 1 Dec 2001 Other 1876752
Jeffrey Allen Bley Chief operating officer 1 Oct 2004 Other 2401481
Larry Joel Adams Vice president/director 1 May 2008 Other 1522844
Gary Thomas Huffman Chairman/director 1 Jan 2011 Other 1032890
Andrew Joseph Vanhoy Chief compliance officer 1 Jan 2013 Other 3012299
Kimberly Anne Plante Secretary 1 Jun 2014 Other 4933358
Patrick Henry Mcevoy President 1 Jan 2015 Other 1796543
Harry Douglas Cooke Director 1 Jan 2017 Other 2677243

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
The Ohio National Life Insurance Company Indirect owner 1 Aug 1968 75% - 100% 31-0397080
Inc. Ohio National Mutual Holdings Indirect owner 1 Feb 2002 75% - 100% 31-1614095
Inc. Ohio National Financial Services Indirect owner 1 Feb 2002 75% - 100% 31-1614097

Based in Cincinnati

The principal office where On Investment Management Co performs its advisory services is located at One Financial Way, Cincinnati, OH 45242 The mailing address of the firm is P.O. Box 371, Cincinnati, OH 45201 0371. An additional office of the firm is in Lee's Summit, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-262-0913 or by fax 513-794-4604. The normal business hours are 8:30 am est - 5:00 pm est on Monday - Friday.