Fort Washington Investment Advisors Inc (Cincinnati)


Fort Washington Investment Advisors Inc is a large advisory firm based in Cincinnati. It manages $52.42 billion of regulatory assets for 1,592 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 22 other states.

Fort Washington Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and sub-advisory. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fort Washington Investment Advisors: assets under management

The assets under management (AUM) of Fort Washington Investment Advisors Inc is $52.42 billion. The firm's AUM has grown by 199% since the beginning of its operation, and $933.95 million of the total AUM is attributable to clients outside of the United States.

The firm manages $52.2 billion in discretionary accounts and $217.55 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.79 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.63 million.
Fort Washington Investment Advisors has custody of $268.95 million in cash and securities for 100 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 19% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fort Washington Investment Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Donald Joseph Wuebbling serves?

The firm provides services to insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Donald Joseph Wuebbling is insurance companies with 14 clients and $36.66 billion of assets under management. Among the 9 most similar advisory firms, Fort Washington Investment Advisors has the 2nd highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $52.42 billion for 555 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Fort Washington Investment Advisors also advises several private funds. Namely, two hedge funds, two other private funds, and twenty four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $157,940,000.

Careers at Fort Washington Investment Advisors Inc

The company employs 143 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 21 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Donald Joseph Wuebbling has been acting as President since 1 Jun 1990. Steven Kenneth Kreider has served as the Chief Investment Officer since 1 May 2014. Jay Vincent Johnson joined the executive team most recently as the Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Donald Joseph Wuebbling Director 1 Jun 1990 Other 473438
William Francis Ledwin President 1 Jun 1990 Other 2185380
The Western And Southern Life Insurance Company Parent company 1 Jun 1990 75% - 100% 31-0487145
Kenneth John Ryan Avp director of operations 1 Jan 1996 Other 4338010
John Joseph Oconnor Director research 1 May 1997 Other 4361225
James Joseph Vance Treasurer 1 Jun 1997 Other 3235324
James James Vance Treasurer 1 Jun 1997 Other 3235324
Augustine Anthony Long Director of marketing 1 Jul 1999 Other 1374500
John Finn Barrett Director 1 Jan 2000 Other 2066172
Maryellen Peretzky Asst. secretary 1 Jun 2000 Other 1062971
Terrie Ann Wiedenheft Asst treasurer 1 Jun 2000 Other 2619213
Michele Hawkins Compliance officer 1 Sep 2000 Other 1317079
Mark Andrew Frietch Managing,director of securities operations and marketing 1 Jan 2002 Other 1840739
Nicholas Peter Sargen Director, chief economist 1 Jun 2003 Other 1605778
Maribeth Sembach Rahe President & ceo 1 Nov 2003 Other 4357217
Robert Lewis Walker Director 1 Jan 2004 Other 1137614
Michele Hawkins Chief compliance officer, managing director 1 Jul 2004 Other 1317079
Margaret Cregor Bell Managing director of business development and sales 1 Jul 2004 Other 4338568
Augustine Anthony Long Co-head private equity 1 Jul 2004 Other 1374500
Llc Western & Southern Investment Holdings Parent 1 Dec 2006 75% - 100% 06-1804434
Llc W&S Operating Holdings Parent 1 Dec 2006 75% - 100% 06-1804434
Jonathan David Niemeyer Secretary 1 Mar 2009 Other 5863603
Jeffrey David Meek Chief financial officer 1 Mar 2014 Other 6316120
Steven Kenneth Kreider Chief investment officer 1 May 2014 Other 1339482
David Todd Henderson Chief risk officer 1 Oct 2014 Other 1189525
Stephen Roy Mullin Managing director, private client group 1 Mar 2015 Other 2341041
Jonathan David Niemeyer Director 1 Mar 2016 Other 5863603
Jeffrey Laurence Stainton Secretary 1 Mar 2016 Other 6629857
Roger Michael Lanham Senior vice president, co-chief investment officer 1 Apr 2016 Other 6630077
Brendan Matthew White Senior vice president, co-chief investment officer 1 Apr 2016 Other 6628990
Martin Wesley Flesher Managing director of business development and sales 1 May 2017 Other 2344120
Eric J Walzer Vice president, investment operations 1 Aug 2017 Other 2887084
Gerald Joseph Ulland Chief financial officer 1 Aug 2017 Other 6840904
Jay Vincent Johnson Treasurer 1 May 2018 Other 6607547

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Western Southern Mutual Holding Company Parent 1 Sep 2000 75% - 100% 31-1732405
Western Southern Financial Group Parent 1 Sep 2000 75% - 100% 31-1732404
The Western And Southern Life Insurance Company Parent 1 Dec 2006 75% - 100% 31-0487145

Based in Cincinnati

The principal office where Fort Washington Investment Advisors Inc performs its advisory services is located at 303 Broadway, Cincinnati, OH 45202 The mailing address of the firm is P.O. Box 2388, Cincinnati, OH 45201 2388. An additional office of the firm is in Columbus, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 513-361-7600 or by fax 513-361-7689. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at fortwashington.com/.