America First Investment Advisors LLC (Omaha)


America First Investment Advisors LLC is a large advisory firm based in Omaha. It manages $348 million of regulatory assets for 616 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 18 other states.

America First Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

America First Investment Advisors: assets under management

The assets under management (AUM) of America First Investment Advisors LLC is $348 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $348 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $564.94 thousand each.
America First Investment Advisors has custody of $87.14 million in cash and securities for 72 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay America First Investment Advisors 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 David Allen Guthrie 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 David Allen Guthrie is high net worth individuals with 123 clients and $254.69 million of assets under management. Among the 11 most similar advisory firms, America First Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $348 million for 276 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.

America First Investment Advisors doesn't advise any private funds.

Careers at America First Investment Advisors LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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.

David Allen Guthrie has been acting as President since 1 Feb 2011. Amy Lynn Byrne joined the executive team most recently as the Client Care Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Thesing President, chief executive officer, treasurer, chief financial officer & board member 1 May 1992 Other 1500333
L.L.C. America First Companies 100% shareholder 1 Sep 1994 75% - 100% 47-0776455
The Burlington Capital Group Llc 100% shareholder 1 Sep 1994 75% - 100% 47-0776455
Rudy Merl Thomas Executive vice president, chief investment officer & board member 1 Jul 1996 Other 2216857
Eric Michael Ball Vice president of equity research, secretary & board member 1 Oct 1999 Other 1300604
Carl Forrest Deicke Compliance officer 1 May 2000 Other 2586162
Eric Michael Ball Chief executive officer , chief investment officer, & manager 1 Oct 2002 Other 1300604
Michael Thesing President & chief financial officer 1 Oct 2002 Other 1500333
Barry Ward Dunaway Vice president and director of research 1 Jul 2006 Other 2670445
Douglas Patrick Murphy Chief compliance officer 1 Sep 2008 Other 5591577
David Allen Guthrie President 1 Feb 2011 Other 1705634
Katerina M Wiese Chief compliance officer 1 Nov 2011 Other 5254740
Katerina Medelska Wiese Financial planner, chief compliance officer 1 Nov 2011 Other 5254740
Matthew James Holloway Vice president, advisor services 1 Sep 2014 Other 5414800
Afia Holdings Llc 100% member 1 Oct 2014 75% - 100% 47-1666812
Katerina Medelska Wiese Financial planner, vice president 1 Feb 2019 Other 5254740
Amy Lynn Byrne Client care officer 1 Apr 2019 Other 1323791

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael B Yanney Member 1 May 1984 50% - 75% 1500337
Martin Massengale Elected manager 1 Jul 1994 Other 4766090
Gail Yanney Elected manager 1 Feb 1996 Other 4766095
Mariann Byerwalter Elected manager 1 Jan 1997 Other 2369160
Lisa Y Roskens Elected manager 1 Aug 1999 Other 4427998
Clayton Yeutter Elected manager 1 May 2001 Other 4766097
George H Krauss Elected manager 1 Aug 2001 Other 2069309
William Carter Elected manager 1 Feb 2003 Other 4766098
Patrick Jung Elected manager 1 May 2003 Other 4766100
James Ellis Manager 1 Jan 2005 Other 5063888
George Harold Krauss Member 1 Oct 2014 25% - 50% 2069309
Sharon Kyker Krauss Member 1 Oct 2014 25% - 50% 6926669
Eric Michael Ball Chief executive officer, manager, chief compliance officer 1 Oct 2014 25% - 50% 1300604

Based in Omaha

The principal office where America First Investment Advisors LLC performs its advisory services is located at 10050 Regency Circle, Suite 515, Omaha, NE 68114 3721, 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 402-991-3388 or by fax 402-718-9431. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at am1st.com.