Column Capital Advisors, LLC (Indianapolis)

Name: Column Capital Advisors, LLC
Address: 3815 River Crossing Parkway, Indianapolis, IN, 46240 7808
Telephone: 317-663-6500

Column Capital Advisors, LLC is a large advisory firm based in Indianapolis. It manages $820.2 million of regulatory assets for 1,309 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Delaware, and 9 other states.

Column Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Column Capital Advisors: assets under management

The assets under management (AUM) of Column Capital Advisors, LLC is $820.2 million. The firm's AUM has grown by 235% since the beginning of its operation, and $23.01 million of the total AUM is attributable to clients outside of the United States.

The firm manages $787.15 million in discretionary accounts and $33.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $653.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $314.76 thousand.

Column Capital Advisors has custody of $381.06 million in cash and securities for 154 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 83% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Column Capital Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Kevin Douglas Sweet serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Kevin Douglas Sweet is high net worth individuals with 182 clients and $724.05 million of assets under management. Among the 9 most similar advisory firms, Column Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $782 million for 279 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Column Capital Advisors doesn't advise any private funds.

Careers at Column Capital Advisors, LLC

The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 14 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.

Kevin Douglas Sweet has been acting as President since 1 May 2005. Jeffrey Jen Chie Yu joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ltd. Column Capital Group	Corporation / holding company	1 May 2005	75% - 100%	20-2814076
Kevin Douglas Sweet	Director	1 May 2005	Other	2974563
Mary Lynn O'toole	Director and chief compliance officer	1 May 2005	Other	4652672
Bradford Dale Szczecinski	Director	1 May 2005	Other	2102955
Jeffrey Jen Chie Yu	Chief compliance officer	1 May 2007	Other	4598825

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brian Williams Upchurch	Managing director	1 May 2005	50% - 75%	3070409
Jeffrey Jen Chie Yu	Shareholder	1 Jul 2008	Other	4598825

Based in Indianapolis

The principal office where Column Capital Advisors, LLC performs its advisory services is located at 3815 River Crossing Parkway, Indianapolis, IN 46240 7808, which is also the mailing address of the firm. An additional office of the firm is in Tucson, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-663-6500 or by fax 317-663-6501. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at columncapital.com.