Banker Investment Group Inc (West Lafayette)

Name: Banker Investment Group Inc
Address: 1241 Cumberland Avenue, West Lafayette, IN, 47906
Telephone: 765-497-0197

Banker Investment Group Inc is a large advisory firm based in West Lafayette. It manages $158.62 million of regulatory assets for 812 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, and Indiana.

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

Banker Investment Group: assets under management

The assets under management (AUM) of Banker Investment Group Inc is $158.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 133% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.35 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 63% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Banker Investment Group Inc 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 Banker Investment Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Banker Investment Group is high net worth individuals with 38 clients and $109.56 million of assets under management. Among the 12 most similar advisory firms, Banker Investment Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $156.39 million for 351 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.

Banker Investment Group doesn't advise any private funds.

Careers at Banker Investment Group Inc

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
William Gilbert Banker	President, director & chief compliance officer	1 Jan 1998	75% - 100%	1447515

Based in West Lafayette

The principal office where Banker Investment Group Inc performs its advisory services is located at 1241 Cumberland Avenue, West Lafayette, IN 47906, which is also the mailing address of the firm. An additional office of the firm is in San Diego, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 765-497-0197 or by fax 765-464-0308. The normal business hours are 8:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at bankerinvestmentgroup.com and its LinkedIn profile.