American Money Management Corporation ("Ammc") is a large advisory firm based in Cincinnati. It manages $53.22 billion of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Ohio.
American Money Management Corporation ("Ammc") provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of American Money Management Corporation ("Ammc") is $53.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 102% since the beginning of its operation, and $4.7 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay American Money Management Corporation ("Ammc") for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of John B. Berding is insurance companies with 34 clients and $48.5 billion of assets under management. Among the 8 most similar advisory firms, American Money Management Corporation ("Ammc") has the highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $53.22 billion for 50 clients. 30% of the firm’s clients are foreign persons or businesses.
American Money Management Corporation ("Ammc") also advises several private funds. Namely, fifteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.
The company employs 26 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. No 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.
John B. Berding has been acting as President since 1 Jan 2011. John S Fronduti joined the executive team most recently as the Vice President.
The principal office where American Money Management Corporation ("Ammc") performs its advisory services is located at 301 East Fourth Street, 38 Th Floor, Cincinnati, OH 45202, 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) 579-2121 or by fax (513) 579-2580. The normal business hours are 8 am - 5:30 pm on Monday - Friday.