Aware Asset Management, Inc. (Eagan)

Aware Asset Management, Inc. is a large advisory firm based in Eagan. It manages $1.72 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Minnesota.

Aware Asset Management provides portfolio management for investment companies, portfolio management for businesses and institutional clients, 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.

Aware Asset Management: assets under management

The assets under management (AUM) of Aware Asset Management, Inc. is $1.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 82% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.72 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $214.91 million each.

Aware Asset Management has custody of $3.44 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 59% of the total AUM. The second-largest asset type is other assets, which make up 27% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Aware Asset Management, Inc. for their services and products based on a percentage of assets under management. 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.

Careers at Aware Asset Management, Inc.

The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No 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.

Scott Andrew Keefer has been acting as President since 1 Jan 2017. John Edwin Orner joined the executive team most recently as the President And Chief Investment Officer, Chair.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Aware Integrated	Parent corporation	1 Jul 1994	75% - 100%	41-1785972
John Edwin Orner	President and chief investment officer, director	1 Dec 2004	Other	1864702
John Eric Kaprich	Treasurer	1 Feb 2012	Other	2411145
Jay Stephen Matushak	Chairman	1 Jul 2016	Other	6854605
Scott Andrew Keefer	Director	1 Jan 2017	Other	6853794
Alicia Mary Reuter	Secretary	1 Apr 2017	Other	2947337
Jayson Parker Alexander	Chief compliance officer	1 Sep 2017	Other	6118241
John Edwin Orner	President and chief investment officer, chair	1 Jan 2018	Other	1864702
Andrea Bykerk Christopherson	Director	1 Jan 2018	Other	6906298

Based in Eagan

The principal office where Aware Asset Management, Inc. performs its advisory services is located at 3535 Blue Cross Road, Eagan, MN 55122 1154, 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 651-662-9886. The normal business hours are 830am - 5pm on Monday - Friday.