Beese, Fulmer Investment Management, Inc. (Canton)

Name: Beese, Fulmer Investment Management, Inc.
Address: 220 Market Avenue, South, Canton, OH, 44702 2177
Telephone: 330-454-6555

Beese, Fulmer Investment Management, Inc. is a large advisory firm based in Canton. It manages $584.11 million of regulatory assets for 563 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Connecticut, Florida, Maryland, and 3 other states.

Beese, Fulmer Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Beese, Fulmer Investment Management: assets under management

The assets under management (AUM) of Beese, Fulmer Investment Management, Inc. is $584.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $584.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.04 million each.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beese, Fulmer Investment Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dennis Scott Fulmer serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Dennis Scott Fulmer is high net worth individuals with 155 clients and $482.98 million of assets under management. Among the 7 most similar advisory firms, Beese, Fulmer Investment Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $583.34 million for 254 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.

Beese, Fulmer Investment Management doesn't advise any private funds.

Careers at Beese, Fulmer Investment Management, Inc.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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.

Dennis Scott Fulmer has been acting as President since 1 Jan 2004. Lynn Scott Hamilton joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marvin L Laughlin	Vice president	1 Feb 1989	Other	724446
Karen Rohrer Brown	Corporate secretary/office manager	1 Feb 1996	Other	4346783
Karen Marie Rohrer	Secretary	1 Feb 1996	Other	4346783
Karen R. Brown	Secy/chief compliance officer	1 Feb 1996	Other	4346783
Marc Bradley Inboden	Vice president	1 Oct 1998	Other	4346791
Dennis Scott Fulmer	President/treasurer/chief compliance officer	1 Jan 2004	75% - 100%	4346777
Nicholas Traffley Perini	Vice president	1 Jan 2011	Other	5102074
Nicholas T Perini	Vice president	1 Jan 2011	Other	5102074
Ryan Thomas Fulmer	Vice president	1 Mar 2011	Other	5781893
Stacey Shearer Giammarco	Vice president	1 Apr 2015	Other	6520556
Lynn Scott Hamilton	Vice president	1 May 2015	Other	840723

Based in Canton

The principal office where Beese, Fulmer Investment Management, Inc. performs its advisory services is located at 220 Market Avenue, South, Canton, OH 44702 2177, 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 330-454-6555 or by fax 330-639-4298. The normal business hours are 7:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at beesefulmer.com.