Taplin, Canida & Habacht, LLC (Miami)

Name: Taplin, Canida & Habacht, LLC
Address: 1001 Brickell Bay Drive, Miami, FL, 33131 4940
Telephone: 305-379-2100

Taplin, Canida & Habacht, LLC is a large advisory firm based in Miami. It manages $10.6 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Delaware, Florida, Illinois, and Wisconsin.

Taplin, Canida & Habacht provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Taplin, Canida & Habacht: assets under management

The assets under management (AUM) of Taplin, Canida & Habacht, LLC is $10.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and $1.68 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.01 million each.

Investments

The firm invests in government bonds the most. They account for 18% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 16% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Taplin, Canida & Habacht, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tere Alvarez Canida serves?

The firm provides services to investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Tere Alvarez Canida is pension and profit sharing plans with 25 clients and $5.48 billion of assets under management. Among the 11 most similar advisory firms, Taplin, Canida & Habacht has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $10.6 billion for 40 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 8% of the firm’s clients are foreign persons or businesses.

Taplin, Canida & Habacht doesn't advise any private funds.

Careers at Taplin, Canida & Habacht, LLC

The company employs 23 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 9 people 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 receive compensation from other entities for client referrals.

Tere Alvarez Canida has been acting as President since 1 Dec 2008. Dragan Lazich joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tere Alvarez Canida	President/chairperson/managing member	1 Dec 2008	Other	4324409
Alan Marc Habacht	Executive vp/managing member	1 Dec 2008	Other	1043959
William James Canida	Executive vp/managing member	1 Dec 2008	Other	4324415
Inc. Tch Mi Holding Company	Member	1 Dec 2008	75% - 100%	26-3772610
William J. Canida	Executive vp/managing member	1 Dec 2008	Other	4324415
Tommy On Huie	Managing member	1 Dec 2008	Other	2106851
Kenneth Charles Krei	Managing member	1 Dec 2008	Other	1242277
Angela Marie Palmer	Chief compliance officer	1 Dec 2008	Other	4915568
Llc Tch Mi Holding Company	Member	1 Dec 2008	75% - 100%	26-3772610
Inc. Canhab	Member	1 Dec 2008	Other	59-2526132
Barry Sean Mcinerney	Managing member	1 Mar 2012	Other	4379798
Phillip Edward Enochs	Managing member	1 Oct 2012	Other	2860098
Elissa R Port	Chief compliance officer	1 Mar 2014	Other	6315169
Jerrold Gonzalez Mauricio	Chief compliance officer	1 Apr 2014	Other	3175743
Melissa Mary Mooney	Chief compliance officer	1 Jan 2015	Other	4111626
Scott M Kimball	Member of the management committee	1 Jan 2015	Other	4637198
Daniela Mardarovici	Member of the management committee	1 Jan 2015	Other	6136262
Janelle Elizabeth Woodward	Member of the management committee	1 Jan 2015	Other	6388371
Janelle Elizabeth Woodward	Director/president / member of the management committee	1 Jan 2016	Other	6388371
Tere Alvarez Canida	Chairperson of taplin, canida & habacht llc	1 Jan 2016	Other	4324409
Bmo Asset Management Corp.	Sole shareholder of taplin, canida & habacht llc	1 Nov 2016	75% - 100%	106466
Stephanie Ann Lake	Chief financial officer	1 Dec 2016	Other	5845009
Joan Zabida Mohammed	Director	1 Mar 2017	Other	6690279
Steve Raymond Ilott	Director	1 Mar 2017	Other	6723921
Richard Adrian Watts	Director	1 Mar 2017	Other	6526221
Joan Z Mohammed	Director	1 Mar 2017	Other	6690279
Steve Ilott	Director	1 Mar 2017	Other	6723921
Nayra Calderon Najera	Chief compliance officer	1 Jan 2018	Other	5040972
Steven Jeffrey Arquilla	Director	1 Mar 2019	Other	6047503
Dragan Lazich	Chief compliance officer	1 Apr 2019	Other	3236948
Lee Gordon Julian Wanie	Director	1 Apr 2019	Other	2793249

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
M&I Investment Management Corp.	Sole member of tch mi holding company, llc	1 Dec 2008	75% - 100%	39-1175759
M&I Llc	Sole shareholder of m&i investment management corp.	1 Dec 2008	75% - 100%	20-8995389
Marshall & Ilsley Corporation	Sole member of m&i llc	1 Dec 2008	75% - 100%	20-8995389
Bank Of Montreal	Sole sharholder of bmo financial corp.	1 Jul 2011	75% - 100%	13-4941092
Bmo Financial Corp.	Shareholder of m&i investment management corp.	1 Jul 2011	75% - 100%	51-0275712
Bmo Asset Management Corp.	Sole member of tch mi holding co., inc.	1 Jul 2011	75% - 100%	36-3673844

Based in Miami

The principal office where Taplin, Canida & Habacht, LLC performs its advisory services is located at 1001 Brickell Bay Drive, Miami, FL 33131 4940, 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 305-379-2100 or by fax 305-379-4452. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bmogam.com/tch.