Vawter Financial Ltd (Columbus)


Vawter Financial Ltd is a large advisory firm based in Columbus. It manages $120 million of regulatory assets for 510 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Ohio, and Texas.

Vawter Financial provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vawter Financial: assets under management

The assets under management (AUM) of Vawter Financial Ltd is $120 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 167% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.29 thousand each.
Vawter Financial has custody of $120 million in cash and securities for 510 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 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vawter Financial Ltd 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.

What kind of clients Gary Lynn Vawter serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Gary Lynn Vawter is individuals with 75 clients and $80 million of assets under management. Among the 10 most similar advisory firms, Vawter Financial has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $120 million for 102 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.

Vawter Financial doesn't advise any private funds.

Careers at Vawter Financial Ltd

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gary Lynn Vawter President 1 Sep 1991 75% - 100% 1317956
Gary Lynn Vawter Chief compliance officer 1 Jan 1999 75% - 100% 1317956

Based in Columbus

The principal office where Vawter Financial Ltd performs its advisory services is located at 1161 Bethel Road, Columbus, OH 43220, 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 614-451-1002 or by fax 614-538-2812. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at facebook.com/vawterfinancial/.