Baxter Capital Management Inc (Indianapolis)


Baxter Capital Management Inc is a large advisory firm based in Indianapolis. It manages $704.4 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Indiana.

Baxter Capital Management provides portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Baxter Capital Management: assets under management

The assets under management (AUM) of Baxter Capital Management Inc is $704.4 million. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment grade corporate bonds the most. They account for 43% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 28% of the firm’s portfolio. Investments in government bonds form 17% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Baxter Capital Management Inc for their services and products based on a percentage of assets under management. 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 Gary Lee Baxter serves?

The firm provides services to charitable organizations and banking or thrift institutions. The largest group of clients of Gary Lee Baxter is banking or thrift institutions with 13 clients and $406.44 million of assets under management. Among the 9 most similar advisory firms, Baxter Capital Management has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $704.4 million for 14 clients. None of the firm’s clients are foreign persons or businesses.

Baxter Capital Management doesn't advise any private funds.

Careers at Baxter Capital Management Inc

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Gary Lee Baxter has been acting as President since 1 Jan 2014. David Colin Smith joined the executive team most recently as the President/Director/Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gary Lee Baxter President/director 1 May 1979 75% - 100% 4342490
James Taylor Herreman Vice president/financial economist 1 Dec 1982 Other 4342517
James Taylor Herreman Financial economist 1 Apr 2013 Other 4342517
David Colin Smith Vice president/portfolio manager 1 Apr 2013 Other 5696402
Gary Lee Baxter Chief economist/director/secretary-treasurer 1 Jan 2014 Other 4342490
David Colin Smith President/director/chief compliance officer 1 Jan 2014 75% - 100% 5696402

Based in Indianapolis

The principal office where Baxter Capital Management Inc performs its advisory services is located at 9247 North Meridian Street Ste. 103, Indianapolis, IN 46260 1824, 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 317-706-0041 or by fax 317-706-0045. The normal business hours are 8:00am-4:30pm on Monday - Friday. You can find more information about the New York firm at baxtercapitalmanagement.com.