Regions Investment Management, Inc. (Birmingham)

Name: Regions Investment Management, Inc.
Address: 1900 5 Th Avenue North, Birmingham, AL, 35203 2618
Telephone: 205-264-7074

Regions Investment Management, Inc. is a large advisory firm based in Birmingham. It manages $12.23 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arkansas, California, and 22 other states.

Regions Investment Management provides 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.

Regions Investment Management: assets under management

The assets under management (AUM) of Regions Investment Management, Inc. is $12.23 billion. The firm's AUM has grown by 22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9 billion in discretionary accounts and $3.23 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.23 billion.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Regions Investment Management, Inc. for their services and products based on a percentage of assets under management 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.

Careers at Regions Investment Management, Inc.

The company employs 28 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Donald William Korn has been acting as President since 1 Aug 2012. Cynthia Denise Morrison joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Kenneth Alderman	Chairman, director	1 Aug 2002	Other	4394395
Brian B Sullivan	President & chief executive officer	1 Nov 2006	Other	2741207
Michael Curtis Daniel	Director	1 Nov 2007	Other	4476150
John Preston Boston	Vice president	1 Apr 2011	Other	4592143
Guillermo Rafael Araoz	Vice president	1 Apr 2011	Other	4190438
Charlie Murray	Vice president	1 Apr 2011	Other	5957826
Julius Williams	Chief compliance officer	1 Dec 2011	Other	3178162
Llc Rfc Financial Services Holding	Direct owner/holding company	1 Mar 2012	75% - 100%	00-0000000
Jeni Rachel Cobbs	Chief compliance officer	1 Apr 2012	Other	4354424
Jeni Rachel Wilson	Chief compliance officer	1 Apr 2012	Other	4354424
Donald William Korn	Director	1 Aug 2012	Other	4763823
Wise Swepston Jones	Director	1 Aug 2012	Other	1183911
Francesca Allen Smitherman	Vice president	1 Nov 2012	Other	2904466
Samuel Alan Mcknight	Chairman, board of directors	1 Jun 2015	Other	2696823
Katherine Randall Danella	Director	1 Dec 2015	Other	4601368
Regions Bank	Direct owner	1 Jan 2016	75% - 100%	63-0371391
Stuart Collins Compere	Interim chief compliance officer	1 Nov 2016	Other	2367466
Ashley Anderson Morris	Chief compliance officer	1 Jan 2017	Other	2939840
Ashley Morris	Chief compliance officer	1 Jan 2017	Other	2939840
Gregory Thomas Firek	Director	1 Aug 2017	Other	2584584
Stuart Collins Compere	Director	1 Sep 2017	Other	2367466
John David Ferrell	Director	1 Jan 2018	Other	6930591
Stuart Collins Compere	Interim chief compliance officer	1 Apr 2018	Other	2367466
David Brent Wright	Director	1 Jul 2018	Other	4377302
Cynthia Denise Morrison	Chief compliance officer	1 Jul 2019	Other	3003956

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Regions Financial Corporation	Indirect owner	1 Feb 2012	75% - 100%	63-0589368

Based in Birmingham

The principal office where Regions Investment Management, Inc. performs its advisory services is located at 1900 5 Th Avenue North, Birmingham, AL 35203 2618, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-264-7074 or by fax 205-326-5334. The normal business hours are 8:00am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at regions.com.