Atwood & Palmer, Inc. (Kansas City)

Name: Atwood & Palmer, Inc.
Address: 4520 Madison Avenue, Kansas City, MO, 64111 3541
Telephone: 816-931-2266

Atwood & Palmer, Inc. is a large advisory firm based in Kansas City. It manages $784.74 million of regulatory assets for 365 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Colorado, Florida, and 4 other states.

Atwood & Palmer 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.

Atwood & Palmer: assets under management

The assets under management (AUM) of Atwood & Palmer, Inc. is $784.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $784.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.15 million each.

Investments

The firm invests in exchange traded securities the most. They account for 91% 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 investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Atwood & Palmer, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Steven Nelson Palmer serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Steven Nelson Palmer is high net worth individuals with 216 clients and $699.98 million of assets under management. Among the 7 most similar advisory firms, Atwood & Palmer has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $784.74 million for 365 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.

Atwood & Palmer doesn't advise any private funds.

Careers at Atwood & Palmer, Inc.

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 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.

Steven Nelson Palmer has been acting as President since 1 Mar 1990. Teresa L. Burch joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Nelson Palmer	President	1 Mar 1990	75% - 100%	4346569
William Lees Atwood	Vice president	1 Mar 1990	Other	4346578
Teresa L. Burch	Chief compliance officer	1 Apr 2004	Other	4337523

Based in Kansas City

The principal office where Atwood & Palmer, Inc. performs its advisory services is located at 4520 Madison Avenue, Kansas City, MO 64111 3541, 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 816-931-2266 or by fax 816-931-0864. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at atwoodpalmer.com.