Corundum Group Inc (Colorado Springs)

Name: Corundum Group Inc
Address: 6385 Corporate Drive, Colorado Springs, CO, 80919
Telephone: 719-475-9035

Corundum Group Inc is a large advisory firm based in Colorado Springs. It manages $551.04 million of regulatory assets for 55 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Colorado.

Corundum Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Corundum Group: assets under management

The assets under management (AUM) of Corundum Group Inc is $551.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 170% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $551.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.02 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Corundum Group Inc for their services and products based on a percentage of assets under management 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.

Careers at Corundum Group Inc

John Acton Frederick Smith has been acting as President since 1 Jul 1992. Inc. Central Bancorp joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Steven Johnson	Vice president	1 Jul 1992	75% - 100%	1462960
John Acton Frederick Smith	President	1 Jul 1992	Other	4361553
Ronald Steven Johnson	President	1 Jan 2004	75% - 100%	1462960
Kimberley Ann Long	Chief compliance officer	1 Jul 2004	Other	2883393
Inc. Central Bancorp	Shareholder	1 Apr 2006	75% - 100%	20-4743038
Steven Paul Condon	President	1 Apr 2006	Other	1772510

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Steven Johnson	President & ceo	1 Apr 2006	25% - 50%	1462960
Jeffrey Blair Smith	Chairman of the board	1 Apr 2006	25% - 50%	5140327

Based in Colorado Springs

The principal office where Corundum Group Inc performs its advisory services is located at 6385 Corporate Drive, Colorado Springs, CO 80919, 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 719-475-9035 or by fax 719-475-9679. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.corundumgroup.com.