Seger Elvekrog Inc (Novi)

Name: Seger Elvekrog Inc
Address: 39555 Orchard Hill Place, Novi, MI, 48375
Telephone: 248-380-1700

Seger Elvekrog Inc is a large advisory firm based in Novi. It manages $318.54 million of regulatory assets for 239 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Massachusetts, and 4 other states.

Seger Elvekrog provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Seger Elvekrog: assets under management

The assets under management (AUM) of Seger Elvekrog Inc is $318.54 million. The firm's AUM has grown by 180% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $273.43 million in discretionary accounts and $45.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.15 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $22.55 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Seger Elvekrog 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.

Careers at Seger Elvekrog Inc

Ralph Lowell Seger has been acting as President since 1 Aug 1981. Daniel J Boyle joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ralph Lowell Seger	Chairman	1 Aug 1981	Other	4346081
Maurice Oliver Elvekrog	President	1 Aug 1981	50% - 75%	4346087
Scott Davin Horsburgh	Vice president	1 Jan 1995	25% - 50%	4346093
Scott Davin Horsburgh	President	1 Aug 2004	25% - 50%	4346093
Ralph Lowell Seger	Chairman emeritus	1 Aug 2004	Other	4346081
Maurice Oliver Elvekrog	Chairman	1 Aug 2004	50% - 75%	4346087
Scott Davin Horsburgh	President, chief compliance officer	1 Oct 2004	25% - 50%	4346093
Daniel J Boyle	Vice president	1 Feb 2009	Other	5654255

Based in Novi

The principal office where Seger Elvekrog Inc performs its advisory services is located at 39555 Orchard Hill Place, Novi, MI 48375, 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 248-380-1700 or by fax 248-380-1701. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at seger-elvekrog.com.