Callahan Financial Planning Company (Omaha)

Name: Callahan Financial Planning Company
Address: 3157 Farnam Street Suite 7111, Omaha, NE, 68131
Telephone: (402) 341-2000

Callahan Financial Planning Company is a large advisory firm based in Omaha. It manages $143.27 million of regulatory assets for 621 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, Iowa, Nebraska, and Texas.

Callahan Financial Planning Company provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Callahan Financial Planning Company: assets under management

The assets under management (AUM) of Callahan Financial Planning Company is $143.27 million. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $142.13 million in discretionary accounts and $1.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229.98 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $380.43 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 52% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in other assets form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Callahan Financial Planning Company for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Callahan Financial Planning Company serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Callahan Financial Planning Company is high net worth individuals with 47 clients and $92.37 million of assets under management. Among the 13 most similar advisory firms, Callahan Financial Planning Company has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $138.27 million for 145 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.

Callahan Financial Planning Company doesn't advise any private funds.

Careers at Callahan Financial Planning Company

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 3 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Alan Callahan	President, chief investment officer	1 Feb 2010	75% - 100%	5130499
Reuben J Brauer	Senior financial planner	1 Jun 2015	Other	5887664
Allison Nicole Cerven	Chief compliance officer, financial planner	1 Aug 2017	Other	6385657
Reuben J Brauer	Vice president, financial planning	1 Jul 2019	Other	5887664

Based in Omaha

The principal office where Callahan Financial Planning Company performs its advisory services is located at 3157 Farnam Street Suite 7111, Omaha, NE 68131, which is also the mailing address of the firm. An additional office of the firm is in San Rafael, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (402) 341-2000 or by fax (402) 881-8324. The normal business hours are mon - fri: 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at facebook.com/callahanplanning.