Canterbury Investment Management, LLC (Zionsville)

Name: Canterbury Investment Management, LLC
Address: 23 E Cedar St, Zionsville, IN, 46077
Telephone: 317-732-2075

Canterbury Investment Management, LLC is an investment adviser to an investment company based in Zionsville. It manages $185.06 million of regulatory assets for 3,393 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Illinois, and Indiana.

Canterbury Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Canterbury Investment Management: assets under management

The assets under management (AUM) of Canterbury Investment Management, LLC is $185.06 million. The firm's AUM has grown by 106% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $171.56 million in discretionary accounts and $13.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $51.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $374.91 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Canterbury Investment 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 Canterbury Investment Management serves?

The firm provides services to individuals, investment companies, other investment advisers, and high net worth individuals. The largest group of clients of Canterbury Investment Management is other investment advisers with 1,525 clients and $97.09 million of assets under management. Among the 6 most similar advisory firms, Canterbury Investment Management has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $185.06 million for 1,616 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.

Canterbury Investment Management doesn't advise any private funds.

Careers at Canterbury Investment Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Llc Canterbury Financial Group	Member	1 Feb 2003	75% - 100%	125680
Kimberly Jo Custer	Chief compliance officer	1 Apr 2003	Other	3070629
Thomas Lee Hardin	Ceo	1 Apr 2003	Other	838414
Kimberly Jo Dale	Chief compliance officer	1 Apr 2003	Other	3070629

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Lee Hardin	Member	1 Feb 2003	75% - 100%	838414

Based in Zionsville

The principal office where Canterbury Investment Management, LLC performs its advisory services is located at 23 E Cedar St, Zionsville, IN 46077, 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 317-732-2075. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at canterburygroup.com.