Buckingham Asset Management, LLC is a large advisory firm based in St Louis. It manages $15.51 billion of regulatory assets for 28,951 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Buckingham Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Buckingham Asset Management, LLC is $15.51 billion. The firm's AUM has grown by 857% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Buckingham Asset Management, 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.
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 Paul Steven Forman is high net worth individuals with 3,512 clients and $11.87 billion of assets under management. Among the 11 most similar advisory firms, Buckingham Asset Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $15.51 billion for 8,824 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.
Buckingham Asset Management doesn't advise any private funds.
The company employs 448 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 190 employees are registered as investment adviser representatives with the state securities authorities.
There are 56 people 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 receive compensation from other entities for client referrals.
Paul Steven Forman has been acting as President since 1 Feb 2007. Jared Hardin Kizer has served as the Chief Investment Officer since 1 Jan 2015. Wendy Louise Hartman joined the executive team most recently as the Member Of Board Of Directors Of Bam Management Llc, President Buckingham.
The principal office where Buckingham Asset Management, LLC performs its advisory services is located at 8182 Maryland Avenue, St Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Santa Rosa, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 314-725-0455 or by fax 314-725-7022. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at investmentadvisornow.com.