D. Scott Neal, Inc. (Lexington)

Name: D. Scott Neal, Inc.
Address: 3292 Eagle View Lane, Lexington, KY, 40509
Telephone: 859-254-3036

D. Scott Neal, Inc. is a large advisory firm based in Lexington. It manages $225.9 million of regulatory assets for 1,266 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Indiana, Kentucky, Ohio, Tennessee, and Texas.

D. Scott Neal provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

D. Scott Neal: assets under management

The assets under management (AUM) of D. Scott Neal, Inc. is $225.9 million. The firm's AUM has grown by 242% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $213.06 million in discretionary accounts and $12.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $202.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $59.44 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in non-exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay D. Scott Neal, 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 Rodney Alsup serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rodney Alsup is high net worth individuals with 143 clients and $136.53 million of assets under management. Among the 5 most similar advisory firms, D. Scott Neal has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $225.9 million for 522 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.

D. Scott Neal doesn't advise any private funds.

Careers at D. Scott Neal, Inc.

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 4 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.

Rodney Alsup has been acting as President since 1 Nov 2013. Richard Laurence Coles joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Scott Neal	Director / president	1 Aug 1995	50% - 75%	2665518
David Neal	President	1 Aug 1995	75% - 100%	2665518
Jerome George Zimmerer	Director / vice president/ chief compliance officer	1 May 2000	25% - 50%	4359778
Jerome G Zimmerer	Vice president & compliance officer	1 May 2000	Other	4359778
Lucas Parker Hail	Vice-president	1 Jul 2001	Other	2610234
Rodney Alsup	Director	1 Nov 2013	Other	6305994
Richard Laurence Coles	Shareholder	1 Jul 2017	Other	5097781

Based in Lexington

The principal office where D. Scott Neal, Inc. performs its advisory services is located at 3292 Eagle View Lane, Lexington, KY 40509 The mailing address of the firm is P.O. Box 2010, Lexington, KY 40588. An additional office of the firm is in Louisville, KY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 859-254-3036 or by fax 859-233-1294. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at dsneal.com.