Sci Capital Management Inc (Cedar Rapids)

Name: Sci Capital Management Inc
Address: 200 Second Avenue, South East, Cedar Rapids, IA, 52401
Telephone: 319-366-8376

Sci Capital Management Inc is a large advisory firm based in Cedar Rapids. It manages $155.77 million of regulatory assets for 367 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Illinois, and 3 other states.

Sci Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sci Capital Management: assets under management

The assets under management (AUM) of Sci Capital Management Inc is $155.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $155.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $424.43 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sci Capital Management Inc for their services and products based on a percentage of assets under management and hourly charges. 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 Sci Capital Management Inc

Donald Heinz Muller has been acting as President since 1 Dec 1996. Inc. Ragen Mackenzie Group joined the executive team most recently as the Parent Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Sci Financial Group	Holding company	1 Mar 1978	75% - 100%	42-0658686
John Robert Huey	Managing director and director	1 Mar 1978	Other	812950
Randall Joseph Mccright	President and director	1 Dec 1991	Other	1069473
Barbara Allison Knapp	Chairman and director	1 Aug 1994	Other	4385464
Donald Lewis Hagan	Sr. vp director of research and director	1 Oct 1996	Other	1264262
Donald Heinz Muller	Director	1 Dec 1996	Other	342442
Kathleen Rose Krapfl	Compliance officer	1 Feb 1997	Other	2904213
Mary Constance Kokontis	Treasurer	1 Jul 2000	Other	1942038
Inc. Ragen Mackenzie Group	Parent company	1 Mar 2001	75% - 100%	91-1898738

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sci Financial Group Voting Trust	Owner	1 Dec 1986	50% - 75%	42-6404176
Russell Floyd Knapp	Trustee	1 Dec 1986	50% - 75%	272192
Diana Louise Knapp	Trustee	1 Dec 1986	50% - 75%	2239670
David Northcott Knapp	Trustee	1 Dec 1986	50% - 75%	1540871
Barbara Allison Knapp	Trustee	1 Dec 1986	50% - 75%	4385464
A Delaware Corporation Wells Fargo & Company	Shareholder	1 Mar 2000	75% - 100%	41-0449260

Based in Cedar Rapids

The principal office where Sci Capital Management Inc performs its advisory services is located at 200 Second Avenue, South East, Cedar Rapids, IA 52401 The mailing address of the firm is P.O. Box 3060, Cedar Rapids, IA 52406. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 319-366-8376 or by fax 319-368-2700. The normal business hours are 8-5 m-th, 8-4:30 f on Monday - Friday. You can find more information about the New York firm at www.scicapman.com.