Pollock Investment Advisors, LLC (Ann Arbor)

Name: Pollock Investment Advisors, LLC
Address: 412 East Huron, Ann Arbor, MI, 48104
Telephone: 734-929-2520

Pollock Investment Advisors, LLC is a large advisory firm based in Ann Arbor. It manages $187.09 million of regulatory assets for 492 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida and Michigan.

Pollock Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pollock Investment Advisors: assets under management

The assets under management (AUM) of Pollock Investment Advisors, LLC is $187.09 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $187.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $380.27 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 12% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pollock Investment Advisors, LLC 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 Pollock Investment Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pollock Investment Advisors is high net worth individuals with 115 clients and $153.08 million of assets under management. Among the 8 most similar advisory firms, Pollock Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $187.09 million for 245 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.

Pollock Investment Advisors doesn't advise any private funds.

Careers at Pollock Investment Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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
James Kerr Pollock	Chief compliance officer	1 Jun 2010	50% - 75%	2382028
Robert Newton Pollock	Managing member	1 Jun 2010	50% - 75%	1547713

Based in Ann Arbor

The principal office where Pollock Investment Advisors, LLC performs its advisory services is located at 412 East Huron, Ann Arbor, MI 48104, 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 734-929-2520 or by fax 734-929-2528. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at pollockinvestmentadvisors.com.