Huntleigh Advisors, Inc. (St. Louis)

Huntleigh Advisors, Inc. is a large advisory firm based in St. Louis. It manages $243.85 million of regulatory assets for 1,028 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 21 other states.

Huntleigh Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Huntleigh Advisors: assets under management

The assets under management (AUM) of Huntleigh Advisors, Inc. is $243.85 million. The firm's AUM has grown by 826% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $234.14 million in discretionary accounts and $9.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $238.68 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $206.52 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Huntleigh Advisors, Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Huntleigh Advisors serves?

The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Huntleigh Advisors is high net worth individuals with 500 clients and $227.73 million of assets under management. Among the 11 most similar advisory firms, Huntleigh Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $243.85 million for 520 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.

Huntleigh Advisors also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Huntleigh Advisors, Inc.

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 30 people 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.

Huntleigh Advisors, Inc. is owned by Stephen Kenneth Burch. Robert James Grunzinger has served as the Chief Investment Officer since 1 Jan 2003. Michael Barry Rowan joined the executive team most recently as the President Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Lewis Chambers	Managing director	1 Nov 2000	75% - 100%	1231649
Stephen Kenneth Burch	Ceo	1 Nov 2000	50% - 75%	35324
Stephen Kenneth Burch	Owner	1 May 2001	Other	35324
Robert James Grunzinger	Chief investment officer	1 Jan 2003	Other	2989752
Lawrence Gerard Callahan	Owner	1 Mar 2006	25% - 50%	1398481
Christopher Cory O'connell	Chief compliance officer	1 Jun 2006	Other	5008251
Michael Barry Rowan	President shareholder	1 Oct 2010	Other	5160408

Based in St. Louis

The principal office where Huntleigh Advisors, Inc. performs its advisory services is located at 7800 Forsyth Blvd., St. Louis, MO 63105, 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 314-236-2455 or by fax 314-236-2402. The normal business hours are 8:30am - 4:30pm on Monday - Friday.