Obs Financial Services, Inc. (Perrysburg)

Name: Obs Financial Services, Inc.
Address: 6330 Levis Common Blvd, Perrysburg, OH, 43551
Telephone: 419-482-4500

Obs Financial Services, Inc. is a large advisory firm based in Perrysburg. It manages $1.79 billion of regulatory assets for 9,371 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Obs Financial Services provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Obs Financial Services: assets under management

The assets under management (AUM) of Obs Financial Services, Inc. is $1.79 billion. The firm's AUM has grown by 18% since the beginning of its operation, and $39.37 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $699.57 million in discretionary accounts and $1.09 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $254.05 thousand.

Obs Financial Services has custody of $23.82 million in cash and securities for 49 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 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Obs Financial Services, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Christopher Scott Campbell serves?

The firm provides services to individuals, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Christopher Scott Campbell is banking or thrift institutions with 22 clients and $737.47 million of assets under management. Among the 13 most similar advisory firms, Obs Financial Services has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $1.79 billion for 4,507 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.

Obs Financial Services doesn't advise any private funds.

Careers at Obs Financial Services, Inc.

The company employs 32 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 don’t receive compensation from other entities for client referrals.

Christopher Scott Campbell has been acting as President since 1 Nov 2005. Catherine Elizabeth Farley joined the executive team most recently as the Chief Operating Officer/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Scott Campbell	President	1 Nov 2005	Other	1759299
Kevin Michael Overy	Chief compliance officer	1 Nov 2005	Other	1529183
Inc. Online Brokerage Services	Owner	1 Dec 2005	75% - 100%	104281
Inc. Obs Holdings	Holding company	1 Jan 2006	75% - 100%	34-1928292
John Weldon Henry	Chief executive officer	1 Jan 2008	Other	1910378
Mark Elliott Backes	Chief compliance officer	1 Feb 2010	Other	4102325
Paul Stephen King	Compliance	1 Jun 2010	Other	3151379
Catherine Elizabeth Farley	Chief operating officer/chief compliance officer	1 Jan 2013	Other	2314911

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Scott Campbell	Owner	1 Jun 2000	50% - 75%	1759299
Kevin Michael Overy	Owner	1 Jun 2000	25% - 50%	1529183
Canandaigua National Bank	Member	1 Dec 2011	50% - 75%	16-1234823
Llc Westbridge Investments	Member	1 Dec 2011	25% - 50%	27-3985901
Llc Wbi Obs Financial	Shareholder	1 Dec 2011	75% - 100%	45-3623794

Based in Perrysburg

The principal office where Obs Financial Services, Inc. performs its advisory services is located at 6330 Levis Common Blvd, Perrysburg, OH 43551, which is also the mailing address of the firm. An additional office of the firm is in Tallahassee, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 419-482-4500 or by fax 419-458-2874. The normal business hours are 8:00 am - 5:00 pm (et) on Monday - Friday. You can find more information about the New York firm at obsfinancialservices.com.