J.W. Coons Advisors, LLC (Columbus)

Name: J.W. Coons Advisors, LLC
Address: 1151 Bethel Road, Suite 204 B, Columbus, OH, 43220
Telephone: 614-918-3500

J.W. Coons Advisors, LLC is a large advisory firm based in Columbus. It manages $363.63 million of regulatory assets for 321 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Kentucky, New York, Ohio, and Texas.

J.W. Coons Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

J.W. Coons Advisors: assets under management

The assets under management (AUM) of J.W. Coons Advisors, LLC is $363.63 million. The firm's AUM has grown by 339% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $315.51 million in discretionary accounts and $48.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $989.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $24.06 million.

J.W. Coons Advisors has custody of $106.52 million in cash and securities for 44 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 29% of the firm’s portfolio. Investments in state and local bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.W. Coons Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients J.W. Coons Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of J.W. Coons Advisors is high net worth individuals with 104 clients and $310.45 million of assets under management. Among the 10 most similar advisory firms, J.W. Coons Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $363.02 million for 149 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.

J.W. Coons Advisors doesn't advise any private funds.

Careers at J.W. Coons Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert John Hoffman has served as the Chief Investment Officer since 1 Apr 2005. Keith Michael Blankemeyer joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James William Coons	Principal/chief compliance officer	1 Sep 2003	25% - 50%	4726541
Robert John Hoffman	Principal/chief investment officer	1 Apr 2005	25% - 50%	4949187
Richard Alan Clemens	Principal/chief investment officer	1 Jul 2006	25% - 50%	2697548
Keith Michael Blankemeyer	Principal	1 Oct 2007	25% - 50%	5115459

Based in Columbus

The principal office where J.W. Coons Advisors, LLC performs its advisory services is located at 1151 Bethel Road, Suite 204 B, Columbus, OH 43220, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 614-918-3500 or by fax 614-459-3254. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at coonsadvisors.com.