Gerber, LLC (Columbus)

Name: Gerber, LLC
Address: 121 E. Nationwide Blvd, Columbus, OH, 43215
Telephone: 614-431-4343

Gerber, LLC is a large advisory firm based in Columbus. It manages $228.6 million of regulatory assets for 657 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Ohio and Texas.

Gerber provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gerber: assets under management

The assets under management (AUM) of Gerber, LLC is $228.6 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $205.93 million in discretionary accounts and $22.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $330.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $666.71 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 76% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gerber, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gerber serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Gerber is high net worth individuals with 62 clients and $178.54 million of assets under management. Among the 9 most similar advisory firms, Gerber has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $228.6 million for 190 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.

Gerber doesn't advise any private funds.

Careers at Gerber, LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 6 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 compensates 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
Randall Thomas Gerber	Principal	1 Jan 1991	75% - 100%	2124731
Erik Dennis Roemer	Chief compliance officer	1 Feb 2005	Other	2049954

Based in Columbus

The principal office where Gerber, LLC performs its advisory services is located at 121 E. Nationwide Blvd, Columbus, OH 43215, 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 614-431-4343 or by fax 614-737-9807. The normal business hours are 8am-4:30pm on Monday - Friday. You can find more information about the New York firm at gerberclarity.com.