Bedel Financial Consulting Inc is a large advisory firm based in Indianapolis. It manages $1.2 billion of regulatory assets for 3,854 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 10 other states.
Bedel Financial Consulting provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bedel Financial Consulting Inc is $1.2 billion. The firm's AUM has grown by 600% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Bedel Financial Consulting Inc 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Elaine Ethel Kops Bedel is high net worth individuals with 152 clients and $712.28 million of assets under management. Among the 9 most similar advisory firms, Bedel Financial Consulting has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.2 billion for 878 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.
Bedel Financial Consulting doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 12 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.
Elaine Ethel Kops Bedel has been acting as President since 1 Jul 1993. William J Wendling has served as the Chief Investment Officer since 1 Jan 2010. Cassi Vanderpool joined the executive team most recently as the Chief Compliance Officer.
The principal office where Bedel Financial Consulting Inc performs its advisory services is located at 8940 River Crossing Blvd., Indianapolis, IN 46240, 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 317-843-1358 or by fax 317-574-5999. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bedelfinancial.com.