Steven E Post, LLC (Auburn)

Steven E Post, LLC is a large advisory firm based in Auburn. It manages $185.36 million of regulatory assets for 415 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Indiana, Michigan, Ohio, and Texas.

Steven E Post provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Steven E Post: assets under management

The assets under management (AUM) of Steven E Post, LLC is $185.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $185.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $446.65 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in investment and business development companies form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Steven E Post, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Steven E Post serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Steven E Post is individuals with 378 clients and $115.97 million of assets under management. Among the 8 most similar advisory firms, Steven E Post has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $185.36 million for 415 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.

Steven E Post doesn't advise any private funds.

Careers at Steven E Post, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Steven E Post, LLC is owned by Joel Grimm. Steven E Post joined the executive team most recently as the Managing Member Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven E Post	Managing member - cco	1 Nov 2012	50% - 75%	6140150
Joel Grimm	Owner	1 Jan 2016	50% - 75%	6287745

Based in Auburn

The principal office where Steven E Post, LLC performs its advisory services is located at 1100 N Main Street, Auburn, IN 46706, 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 260-925-2887 or by fax 260-925-3222. The normal business hours are 8:30am - 5:30pm on Monday - Friday.