Cozad Asset Management Inc (Champaign)

Name: Cozad Asset Management Inc
Address: 2501 Galen Drive, Champaign, IL, 61821 7005
Telephone: 217-356-8363

Cozad Asset Management Inc is a large advisory firm based in Champaign. It manages $1.18 billion of regulatory assets for 2,280 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.

Cozad Asset Management 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 less than 10 clients. On top of advisory services, the firm also engages as may act as solicitor for other ria's.

Cozad Asset Management: assets under management

The assets under management (AUM) of Cozad Asset Management Inc is $1.18 billion. The firm's AUM has grown by 222% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.09 billion in discretionary accounts and $83.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $487.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.1 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cozad Asset Management Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Ronald Lane Kiddoo serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ronald Lane Kiddoo is high net worth individuals with 484 clients and $856.71 million of assets under management. Among the 9 most similar advisory firms, Cozad Asset Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.18 billion for 1,021 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.

Cozad Asset Management doesn't advise any private funds.

Careers at Cozad Asset Management Inc

The company employs 21 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 18 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Ronald Lane Kiddoo has been acting as President since 1 Jan 1982. Stephen Craig Kiddoo joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Lane Kiddoo	Chairman of the board, vice president, chief investment officer/director	1 Jan 1982	Other	1028779
Donald Ralph Casper	Vice president	1 May 1982	Other	1047348
Stuart Thomas Meacham	Vice pres., sec-treasurer,chief operations officer, chief financial officer, director	1 Oct 1982	Other	1094785
James Edward Vermette	Exec. vice president	1 Jun 1983	Other	1147132
Lee Francis Smith	Chief compliance officer,vice president, ass't. secretary, director of trading	1 Jun 1984	Other	1281878
George T Shapland	Shareholder	1 Feb 1988	25% - 50%	1837717
Kent Paul Dauten	Shareholder	1 Jun 1988	Other	6631645
Sherryl Dauten Marsh	Shareholder	1 Jun 1988	Other	6631646
Johnston Allen Norris	Shareholder	1 Jan 1992	Other	1281778
Gregory Dale Cozad	President, chief executive officer, director	1 Nov 1993	Other	1046058
Cynthia C Norris	Shareholder	1 Aug 1994	Other	6631623
Mary Frances Mcgrath	Exec. vice president, director	1 May 2000	Other	1336517
Stephen Craig Kiddoo	Chief compliance officer	1 Jan 2013	Other	5637857
Anne Joelle Storsved	Director of tax department	1 Jan 2013	Other	4299254
James T. Shapland Decl. Of Trust Uad 02/16/2007	Shareholder	1 Jul 2014	25% - 50%	36-7623950
Stephen Craig Kiddoo	Chief compliance officer	1 Jan 2016	Other	5637857

Based in Champaign

The principal office where Cozad Asset Management Inc performs its advisory services is located at 2501 Galen Drive, Champaign, IL 61821 7005 The mailing address of the firm is P. O. Box 3669, Champaign, IL 61826 3669. An additional office of the firm is in Hudson, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-356-8363 or by fax 217-355-1359. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at cozadassetmgmt.com.