Woodley Farra Manion Portfolio Management Inc (Indianapolis)

Name: Woodley Farra Manion Portfolio Management Inc
Address: 8555 N. River Road, Indianapolis, IN, 46240
Telephone: 317-269-0224

Woodley Farra Manion Portfolio Management Inc is a large advisory firm based in Indianapolis. It manages $947.67 million of regulatory assets for 892 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 34 other states.

Woodley Farra Manion Portfolio Management provides portfolio management for individuals and small businesses 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.

Woodley Farra Manion Portfolio Management: assets under management

The assets under management (AUM) of Woodley Farra Manion Portfolio Management Inc is $947.67 million. The firm's AUM has grown by 572% since the beginning of its operation, and $155 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $939.24 million in discretionary accounts and $8.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.81 million.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Woodley Farra Manion Portfolio Management 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 Woodley Farra Manion Portfolio Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Woodley Farra Manion Portfolio Management is high net worth individuals with 649 clients and $591.05 million of assets under management. Among the 10 most similar advisory firms, Woodley Farra Manion Portfolio Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $947.67 million for 892 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.

Woodley Farra Manion Portfolio Management doesn't advise any private funds.

Careers at Woodley Farra Manion Portfolio Management Inc

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 7 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Frank Woodley	Principal/chief compliance officer	1 Oct 1995	25% - 50%	710531
George Selim Farra	Principal	1 Oct 1995	25% - 50%	1562993
Michael Pierson Manion	Principal	1 Jun 2004	Other	4576389
Thomas Frederick Maurath	Principal	1 Oct 2004	Other	4371055
Kyle William Harlemert	Principal	1 Nov 2010	Other	5090890
Kimberly Ann Bright	Chief compliance officer	1 May 2015	Other	5818179

Based in Indianapolis

The principal office where Woodley Farra Manion Portfolio Management Inc performs its advisory services is located at 8555 N. River Road, Indianapolis, IN 46240, 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 317-269-0224 or by fax 317-269-0227. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at woodleyfarra.com.