Ftj Fundchoice, LLC (Omaha)


Ftj Fundchoice, LLC is a multi-state adviser based in Omaha. It manages $7.11 million of regulatory assets for 111 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Ftj Fundchoice provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as asset allocation administration and recordkeeping.

Ftj Fundchoice: assets under management

The assets under management (AUM) of Ftj Fundchoice, LLC is $7.11 million. The firm's AUM has gone down by -93% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in state and local bonds the most. They account for 56% of the total AUM. The second-largest asset type is investment and business development companies, which make up 39% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ftj Fundchoice, LLC 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 Dean William Cook serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Dean William Cook is high net worth individuals with 2 clients and $6.11 million of assets under management. Among the 3 most similar advisory firms, Ftj Fundchoice has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $7.11 million for 14 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.

Ftj Fundchoice doesn't advise any private funds.

Careers at Ftj Fundchoice, LLC

The company employs 143 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 45 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Dean William Cook has been acting as President since 1 Jan 2012. Kylee Marie Beach joined the executive team most recently as the General Counsel/Secretary/Elected Manager.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Raymond Dunsire Vice-president of operations & administration 1 Mar 2001 Other 2134142
Richard Forrest Jones Chairman 1 Mar 2001 75% - 100% 261633
Michael Eugene Hall President 1 Mar 2001 Other 234228
Timothy Edward Morehead Vice-president i.t. 1 Mar 2001 Other 4639519
Michael Eugene Hall Chief compliance officer 1 Oct 2004 Other 234228
Dean William Cook Vice president sales & marketing 1 Jun 2006 Other 2539364
Phillip Charles Markgraf Vice president - it 1 Dec 2007 Other 5766678
David Paul Engel Vice president - operations 1 Apr 2008 Other 2445158
Dean William Cook President 1 Jan 2012 Other 2539364
Phillip Charles Markgraf Chief operating officer 1 Jan 2012 Other 5766678
Llc Fundchoice Investment Holdings Owner 1 Jul 2012 75% - 100% 90-0865618
Heather Dawn Augustine Chief compliance officer 1 Aug 2012 Other 2703514
Joseph Scott Billups Cfo 1 Nov 2013 Other 6305159
Kevin Sean Woodard Chief compliance officer 1 Mar 2015 Other 2523425
Llc Northstar Eyba Sole member 1 May 2018 75% - 100% 82-5422286
Llc Orion Advisor Services Sole member 1 May 2018 75% - 100% 82-5422286
Michael Wilford Forker Chief compliance officer 1 Jun 2018 Other 6145134
Gregory James Rawlins Chief operating officer/elected manager 1 Jul 2018 Other 3149170
Ryan Bruce Beach President/elected manager 1 Jan 2019 Other 5976659
Mark Daniel Applegarth Chief financial officer/elected manager 1 Jan 2019 Other 5243868
Cory James Kendall Elected manager 1 Jan 2019 Other 3213179
John Russel Vanneman Elected manager 1 Jan 2019 Other 2014443
Kylee Marie Beach General counsel/secretary/elected manager 1 Sep 2019 Other 6005280
Kyle William Hiatt Chief revenue officer 1 Sep 2019 Other 3055130
Eric Reese Clarke Elected manager 1 Sep 2019 Other 2917776
Jonathan Russell Baum Elected manager 1 Sep 2019 Other 1155906
William Sayler Wostoupal Chief of strategic relationships 1 Sep 2019 Other 2429802
Randy Thomas Lambert Chief operations officer 1 Sep 2019 Other 2211730

Indirect Owners

The SEC currently registers 19 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.P. Ta Associates Xi Gp General partner 1 Apr 2009 Other 26-4726952
L.P. Ta Associates General partner 1 Jun 2011 Other 04-3205751
L.P. Seaport Capital Partners Iv Managing member 1 Jul 2012 50% - 75% 27-5006094
Seaport Fundchoice C0 Invest Llc Member 1 Jul 2012 25% - 50% 80-0831415
L.P. Seaport Investment Partners Iv A General partner 1 Jul 2012 Other 11-1111111
William Kent Luby President 1 Jul 2012 25% - 50% 6023226
James Joseph Collis Executive vice president 1 Jul 2012 25% - 50% 6023224
Llc Seaport Associates Iv General partner 1 Jul 2012 Other 26-2454011
Llc Northstar Topco Sole member 1 Apr 2015 75% - 100% 47-4238888
Todd Patrick Clarke Elected manager 1 Apr 2015 Other 2302776
Eric Reese Clarke Elected manager 1 Apr 2015 Other 2917776
Michael Roy Burns Elected manager 1 Apr 2015 Other 4053153
Todd Richard Crockett Elected manager 1 Apr 2015 Other 5886142
Clara Elizabeth Maddox Elected manager 1 Apr 2015 Other 4870251
Vernon Richard Barback Elected manager 1 Apr 2015 Other 4347165
Jonathan Russell Baum Elected manager 1 Apr 2015 Other 1155906
L.P. Ta Xi Ns Aiv Member 1 Apr 2018 50% - 75% 30-0867180
Llc Northstar Financial Services Group Members owning 100% 1 May 2018 75% - 100% 22-3893560
Dean William Cook Elected manager 1 May 2018 Other 2539364

Based in Omaha

The principal office where Ftj Fundchoice, LLC performs its advisory services is located at 17605 Wright St, Omaha, NE 68130 The mailing address of the firm is 2300 Litton Lane, Hebron, KY 41048. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 859-426-2000 or by fax 859-426-2050. The normal business hours are 8:30 - 5:00 est on Monday - Friday. You can find more information about the New York firm at ftjfundchoice.com.