Schulhoff & Co Inc (Cincinnati)

Schulhoff & Co Inc is a large advisory firm based in Cincinnati. It manages $208.53 million of regulatory assets for 208 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Ohio.

Schulhoff & provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Schulhoff &: assets under management

The assets under management (AUM) of Schulhoff & Co Inc is $208.53 million. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $198.9 million in discretionary accounts and $9.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $965.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.82 million.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Schulhoff & Co Inc 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 Schulhoff & 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 Schulhoff & is high net worth individuals with 63 clients and $167.78 million of assets under management. Among the 9 most similar advisory firms, Schulhoff & has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $208.53 million for 97 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.

Schulhoff & doesn't advise any private funds.

Careers at Schulhoff & Co Inc

The company employs 4 people that are either part- or full-time employees. 50 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
Henry Louis Schulhoff	Treasurer, director	1 Jul 1976	Other	4340623
Harold Francis Poe	Shareholder	1 Jul 1976	Other	4340631
John Meiser Schulhoff	President, secretary, director, chief compliance officer	1 Mar 1998	75% - 100%	4340637

Based in Cincinnati

The principal office where Schulhoff & Co Inc performs its advisory services is located at 9370 Main Street, Cincinnati, OH 45242 7621, 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 513-241-2900 or by fax 513-621-0044. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.