Sumnicht, Vernon Coffey (Appleton)

Name: Sumnicht, Vernon Coffey
Address: W6240 Communication Court, Appleton, WI, 54914 8549
Telephone: 920-731-4455

Sumnicht, Vernon Coffey is a large advisory firm based in Appleton. It manages $272.82 million of regulatory assets for 312 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Massachusetts, Texas, and Wisconsin.

Sumnicht, Vernon Coffey provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and market timing services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sumnicht, Vernon Coffey: assets under management

The assets under management (AUM) of Sumnicht, Vernon Coffey is $272.82 million. The firm's AUM has grown by 204% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.82 million in discretionary accounts and $157 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $957.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $822 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sumnicht, Vernon Coffey for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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.

Careers at Sumnicht, Vernon Coffey

Sumnicht, Vernon Coffey is owned by Vernon Coffey Sumnicht. Prateek Mehrotra has served as the Chief Investment Officer since 1 Oct 2002. Llc Sumnicht Holdings joined the executive team most recently as the Holding Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Vernon Coffey Sumnicht	Owner	1 Nov 1988	75% - 100%	1315421
Evan Anthony Audette	Cfo	1 Jan 2002	Other	4593469
Evan Anthony Audette	Chief financial officer	1 Apr 2002	Other	4593469
Prateek Mehrotra	Chief investment officer	1 Oct 2002	Other	4618007
David Edwin Hackney	Cco, cfo, coo	1 Oct 2003	Other	4712011
Linda M Wanta	Operations director	1 Oct 2004	Other	3106704
Linda Marlene Wanta	Operations director	1 Oct 2004	Other	3106704
David Edwin Hackney	Cco, cfo, coo	1 Dec 2004	Other	4712011
Llc Sumnicht Holdings	Holding company	1 Jan 2005	75% - 100%	20-2137893

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Vernon Coffey Sumnicht	Owner	1 Jan 2005	50% - 75%	1315421
Debra Sumnicht	Passive owner	1 Jan 2005	25% - 50%	4908286

Based in Appleton

The principal office where Sumnicht, Vernon Coffey performs its advisory services is located at W6240 Communication Court, Appleton, WI 54914 8549, 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 920-731-4455 or by fax 920-731-9679. 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 www.sumnicht.com.