Payne Investment Counsel Inc is a large advisory firm based in Evansville. It manages $68.78 million of regulatory assets for 179 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Indiana, Kentucky, and Missouri.
Payne Investment Counsel provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Payne Investment Counsel Inc is $68.78 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Payne Investment Counsel Inc 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.
T. Taylor Payne has been acting as President since 1 Jan 1989. Joy K. Payne joined the executive team most recently as the Secretary/Treasurer.
The principal office where Payne Investment Counsel Inc performs its advisory services is located at 2709 Washington Ave, Evansville, IN 47714, which is also the mailing address of the firm. An additional office of the firm is in Indianapolis, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 812-477-6221 or by fax 812-477-0417. The normal business hours are 8:00 am- 5:00 pm cst on Monday - Friday. You can find more information about the New York firm at www.paynefinancial.com.