Guidance Investment Advisors, LLC (Elkhart)


Guidance Investment Advisors, LLC is a large advisory firm based in Elkhart. It manages $143.16 million of regulatory assets for 337 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Illinois, Indiana, and Michigan.

Guidance Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Guidance Investment Advisors: assets under management

The assets under management (AUM) of Guidance Investment Advisors, LLC is $143.16 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.8 million in discretionary accounts and $39.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $308.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $39.36 million.
Guidance Investment Advisors has custody of $3.94 million in cash and securities for 10 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 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Guidance Investment Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Guidance Investment Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Guidance Investment Advisors is pension and profit sharing plans with 14 clients and $83.97 million of assets under management. Among the 11 most similar advisory firms, Guidance Investment Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $137.1 million for 224 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.

Guidance Investment Advisors doesn't advise any private funds.

Careers at Guidance Investment Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 83 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Guidance Investment Advisors, LLC is owned by Amy Suzanne Mcsorley. Maureen Alice Teunissen joined the executive team most recently as the Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Robert Breuer Chief compliance officer 1 Jul 2010 50% - 75% 2097598
John Ferrell Mcsorley Managing partner 1 Jul 2010 25% - 50% 4767527
Jenny Alice Duncan Managing partner 1 Jul 2010 Other 1207204
John Ferrell Mcsorley Manager 1 Sep 2010 75% - 100% 4767527
Wilburn Lewis Doyle Chief compliance officer/managing partner 1 Sep 2010 75% - 100% 1687790
David Robert Breuer Chief compliance officer 1 Sep 2010 50% - 75% 2097598
Jennifer Kay Rupp Cco 1 Jun 2013 Other 5200268
Amy Suzanne Mcsorley Owner 1 Dec 2013 Other 1964946
Maureen Alice Teunissen Cco 1 Jul 2017 Other 6826842

Based in Elkhart

The principal office where Guidance Investment Advisors, LLC performs its advisory services is located at 3140 Windsor Court, Elkhart, IN 46514, 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 574-333-2083 or by fax 574-333-3665. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at guidancewealth.com.