Vantage Investment Advisors, LLC (Overland Park)


Vantage Investment Advisors, LLC is a large advisory firm based in Overland Park. It manages $1.38 billion of regulatory assets for 7,916 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 34 other states.

Vantage Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as certain representatives sell insurance products.

Vantage Investment Advisors: assets under management

The assets under management (AUM) of Vantage Investment Advisors, LLC is $1.38 billion. The firm's AUM has grown by 823% since the beginning of its operation, and $140.48 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $1.34 billion in discretionary accounts and $43.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.8 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $399.18 thousand.
Vantage Investment Advisors has custody of $54.51 million in cash and securities for 170 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vantage Investment Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Robert Roy Thomas serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Robert Roy Thomas is high net worth individuals with 277 clients and $701.29 million of assets under management. Among the 9 most similar advisory firms, Vantage Investment Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.38 billion for 4,622 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.

Vantage Investment Advisors doesn't advise any private funds.

Careers at Vantage Investment Advisors, LLC

The company employs 24 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.

There are 41 people 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.

Robert Roy Thomas has been acting as President since 1 Dec 2014. Anne Jenelle Dorian joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jill Waine Stonebraker Vice manager 1 Jan 2000 25% - 50% 3150113
Robert Roy Thomas Manager 1 Jan 2000 50% - 75% 1966654
Jill Waine Sutt Executive vice president 1 Jan 2000 Other 3150113
Nittany Financial Corp. Member 1 Jan 2003 75% - 100% 23-292576
Cecil Lee Van Tuyl Member 1 Mar 2003 75% - 100% 4655387
John Gerard Woolway President 1 Mar 2003 Other 1766179
Inc. National Penn Bancshares Owner 1 Jan 2006 75% - 100% 23-0906608
Cheryl Bicknell Chief operating officer, chief strategy officer 1 Sep 2013 Other 4906804
Cheryl Renee Vohland Chief compliance officer 1 Nov 2014 Other 4906804
Llc Mariner Wealth Advisors Managing member 1 Nov 2014 50% - 75% 140195
Cheryl Renee Bicknell Chief compliance officer 1 Nov 2014 Other 4906804
Mariner Wealth Advisors Managing member 1 Nov 2014 50% - 75% 140195
Llc Art Investment Partners Member 1 Dec 2014 25% - 50% 25-1859905
Robert Roy Thomas President 1 Dec 2014 Other 1966654
Anne Jenelle Dorian Chief compliance officer 1 Jan 2018 Other 5736231

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Martin Christopher Bicknell Elected manager 1 Jul 2007 Other 2007121
Llc Bicknell Family Holding Company Member 1 Apr 2008 75% - 100% 26-0534255
Martin Christopher Bicknell Elected manager 1 Apr 2008 Other 2007121
Llc Mariner Holdings Managing member 1 Sep 2008 75% - 100% 26-2766689
Llc Mariner Wealth Advisors Managing member 1 Sep 2008 75% - 100% 26-2766689
Robert Roy Thomas Managing member 1 Nov 2009 75% - 100% 1966654
Llc Bicknell Family Holding Company Manager 1 Feb 2015 75% - 100% 26-0534255

Based in Overland Park

The principal office where Vantage Investment Advisors, LLC performs its advisory services is located at 5700 W. 112 Th Street, Overland Park, KS 66211, which is also the mailing address of the firm. An additional office of the firm is in State College, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 913-904-5700 or by fax 913-904-5701. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at vantageadvisors.com.