Calder Investment Advisors (Grand Rapids)

Name: Calder Investment Advisors
Address: 320 Hall Street Sw, Grand Rapids, MI, 49507
Telephone: 616-235-2442

Calder Investment Advisors is a large advisory firm based in Grand Rapids. It manages $180.5 million of regulatory assets for 330 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Michigan.

Calder Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Calder Investment Advisors: assets under management

The assets under management (AUM) of Calder Investment Advisors is $180.5 million. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $177.76 million in discretionary accounts and $2.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $548.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $455.8 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Calder Investment Advisors 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 Robert Russell Stark serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Robert Russell Stark is pension and profit sharing plans with 22 clients and $67.88 million of assets under management. Among the 9 most similar advisory firms, Calder Investment Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $180.5 million for 324 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.

Calder Investment Advisors doesn't advise any private funds.

Careers at Calder Investment Advisors

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Robert Russell Stark has been acting as President since 1 May 2007. George Dirk Racette joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Dirk Racette	Chief compliance officer	1 May 2007	75% - 100%	1156380
Robert Russell Stark	President	1 May 2007	Other	1219254
Audrey L Westdorp	Vice president	1 May 2007	Other	5332314
Steven Dale Westdorp	Vice president	1 May 2007	Other	2952075
Audrey Lee Westdorp	Vice president	1 May 2007	Other	5332314

Based in Grand Rapids

The principal office where Calder Investment Advisors performs its advisory services is located at 320 Hall Street Sw, Grand Rapids, MI 49507, 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 616-235-2442 or by fax 616-235-2460. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at calderadvisors.com.