Shoker Investment Counsel Inc. (Oxford)

Name: Shoker Investment Counsel Inc.
Address: 3642 Kehr Rd, Oxford, OH, 45056
Telephone: 513-524-1776

Shoker Investment Counsel Inc. is a large advisory firm based in Oxford. It manages $207.04 million of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida, Indiana, Kentucky, and Ohio.

Shoker Investment Counsel provides portfolio management for individuals and small businesses and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Shoker Investment Counsel: assets under management

The assets under management (AUM) of Shoker Investment Counsel Inc. is $207.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 268% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $207.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.29 million each.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Shoker Investment Counsel 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.

What kind of clients Shoker Investment Counsel 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 Shoker Investment Counsel is high net worth individuals with 84 clients and $181.43 million of assets under management. Among the 10 most similar advisory firms, Shoker Investment Counsel has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $207.04 million for 157 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.

Shoker Investment Counsel doesn't advise any private funds.

Careers at Shoker Investment Counsel Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Shoker Investment Counsel Inc. is owned by Randall Singh Shoker. Nancy Kay Shoker joined the executive team most recently as the Chief Accounting Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shoker Randall Singh	Owner	1 Aug 1990	75% - 100%	107857
Randall Singh Shoker	Owner/chief executive officer, chief compliance officer	1 Sep 2004	75% - 100%	1369610
Nancy Kay Shoker	Chief accounting officer	1 Jan 2008	Other	5479383

Based in Oxford

The principal office where Shoker Investment Counsel Inc. performs its advisory services is located at 3642 Kehr Rd, Oxford, OH 45056, 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 513-524-1776 or by fax 513-524-1775. The normal business hours are 8 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at shoker.com.