Fifth Third Asset Management, Inc. (Cincinnati)


Fifth Third Asset Management, Inc. is a large advisory firm based in Cincinnati. It manages $6.89 billion of regulatory assets for 313 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Fifth Third Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fifth Third Asset Management: assets under management

The assets under management (AUM) of Fifth Third Asset Management, Inc. is $6.89 billion. The firm's AUM has gone down by -44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.87 billion in discretionary accounts and $19.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.24 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.89 million.
Fifth Third Asset Management has custody of $4.72 billion in cash and securities for 252 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fifth Third Asset Management, 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 Fifth Third Asset Management, Inc.

Michael K Keating has been acting as President since 1 Apr 2001. Mitchell Lloyd Stapley has served as the Chief Investment Officer since 1 Oct 2012. Ralph Seefred Michael joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Fifth Third Bank Shareholder 1 Jan 2001 75% - 100% 31-0676865
An Ohio Banking Corporation Fifth Third Bank Shareholder 1 Jan 2001 75% - 100% 31-0676865
Robert William Curtin Treasurer/asst secretary 1 Apr 2001 Other 1283433
Denis James Amato Director of value strategies 1 Apr 2001 Other 2944739
Michael K Keating Director 1 Apr 2001 Other 2279331
John Brien Schmitz Director of equity strategy/income growth/intl 1 Apr 2001 Other 1724415
Kevin Sean Woodard Assistant secretary 1 Apr 2001 Other 2523425
Richard Brian Ille Member investment committee 1 Apr 2001 Other 1812453
Mitchell L. Stapley Director of fixed income/taxable 1 Apr 2001 Other 4372531
Allan J. Meyers Director of equity strategy/large company fund 1 Apr 2001 Other 4372535
Michael J. Martin Director of fixed income/tax free 1 Apr 2001 Other 4380779
Stephen Shawn Hedger Member investment committee 1 Apr 2001 Other 1827876
James Berghausen President 1 Apr 2001 Other 4417172
Roberta Olson Director fixed income 1 Apr 2001 Other 2279575
Steve Folker Director of growth strategies 1 Apr 2001 Other 4417493
Mitchell Lloyd Stapley Director of fixed income/taxable 1 Apr 2001 Other 4372531
Michael John Martin Director of fixed income/tax free 1 Apr 2001 Other 4380779
Steven E. Folker Member investment committee 1 Apr 2001 Other 4417493
Neal Everett Arnold Director 1 Jan 2002 Other 2263534
James Kirk Member investment committee 1 Apr 2002 Other 2367489
James Richard Kirk Member investment committee 1 Apr 2002 Other 2367489
John Brien Schmitz President/chairman investment committee 1 Jan 2003 Other 1724415
Paul L Reynolds Secretary 1 Jan 2003 Other 2616203
Kevin Jason Patton Chief compliance officer 1 Jan 2003 Other 4631357
James E Russell Member investment committee 1 Jan 2003 Other 4631359
David Lowell Withrow Member investment committee 1 Jan 2003 Other 1854676
James Edward Russell Member investment committee 1 Jan 2003 Other 4631359
Paul Lyle Reynolds Secretary 1 Jan 2003 Other 2616203
John Brien Schmitz Member investment committee 1 Mar 2003 Other 1724415
Christopher J. Bell Treasurer 1 Mar 2003 Other 4660625
Emerson Keith Wirtz President; ftam investment committee chairman 1 Mar 2003 Other 2912282
Stephen Shawn Hedger Managing director, trading and investment operations 1 Jul 2003 Other 1827876
Stephanie Schulze Thomas Member investment committee 1 Oct 2004 Other 4863679
Christopher Allen Nelson Chief compliance officer 1 Oct 2004 Other 2384935
John E Augustine Member investment committee 1 Oct 2004 Other 2180749
Richard W Holmes Chief legal officer; secretary 1 Jan 2005 Other 4940054
Timothy Patrick Ford Managing director, sales 1 Jul 2005 Other 2644048
James Anthony Mautino Chief compliance officer 1 Aug 2005 Other 2104106
Richard Brian Ille Director 1 Aug 2006 Other 1812453
Matthew Ashley Swendiman Chief legal officer; secretary 1 Aug 2006 Other 2849367
Stephanie Schulze Thomas Director 1 Aug 2006 Other 4863679
Richard Paris Floyd Managing director, client management 1 May 2012 Other 6134015
Christopher J. Bell President 1 Oct 2012 Other 4660625
Mitchell Lloyd Stapley Chief investment officer 1 Oct 2012 Other 4372531
Dimitrios Aristotle Contis Managing director, sales 1 Oct 2012 Other 2601237
Stephen Gerard Mullins President; director 1 Dec 2012 Other 4347855
Ralph Seefred Michael Director 1 Feb 2013 Other 1639667
Harold James Coffey Director 1 Feb 2013 Other 1102928
Keith Eugene Dershem Director 1 Feb 2013 Other 6179415

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fifth Third Financial Corporation Shareholder 1 Jan 2001 75% - 100% 31-1755886
Fifth Third Bancorp Shareholder 1 Jan 2001 75% - 100% 31-0854434

Based in Cincinnati

The principal office where Fifth Third Asset Management, Inc. performs its advisory services is located at 38 Fountain Square Plaza, Cincinnati, OH 45263, which is also the mailing address of the firm. An additional office of the firm is in Grand Rapids, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 855-362-2227 or by fax 513-534-0122. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at 53.com.

Registered investment advisers similar to Fifth Third Asset Management, Inc.