Thomas Story And Son LLC (Plymouth)

Thomas Story And Son LLC is a large advisory firm based in Plymouth. It manages $210.03 million of regulatory assets for 125 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Delaware, and 4 other states.

Thomas Story And Son 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.

Thomas Story And Son: assets under management

The assets under management (AUM) of Thomas Story And Son LLC is $210.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 111% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $210.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.68 million each.

Thomas Story And Son has custody of $3.57 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Thomas Story And Son LLC 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.

What kind of clients Thomas Story And Son serves?

The only and largest group of clients of Thomas Story And Son is high net worth individuals with 20 clients and $207.07 million of assets under management. Among the 7 most similar advisory firms, Thomas Story And Son has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $207.07 million for 20 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.

Thomas Story And Son doesn't advise any private funds.

Careers at Thomas Story And Son LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Steven Lollino	Chief compliance officer	1 Oct 2008	Other	2931720
Thomas Herbert Story	Managing member	1 Oct 2008	75% - 100%	726004

Based in Plymouth

The principal office where Thomas Story And Son LLC performs its advisory services is located at 16773 13 Th Road, Plymouth, IN 46563 9374, 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 630-878-0747 or by fax 866-610-8379. The normal business hours are 8:30-3:00 on Monday - Friday.