Securities Corporation Of Iowa (Cedar Rapids)

Name: Securities Corporation Of Iowa
Address: 200 Second Avenue Se, Cedar Rapids, IA, 52401 1326
Telephone: 800-747-1213

Securities Corporation Of Iowa is a large advisory firm based in Cedar Rapids. It manages $30.73 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Iowa, and Wisconsin.

Securities Corporation Of Iowa provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Securities Corporation Of Iowa: assets under management

The assets under management (AUM) of Securities Corporation Of Iowa is $30.73 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.61 million in discretionary accounts and $13.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $704.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $109.33 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Securities Corporation Of Iowa 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.

Careers at Securities Corporation Of Iowa

Randall Joseph Mccright has been acting as President since 1 Jul 2001. James Jerome Urbanek joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Henry Richard	Managing director and director	1 Nov 1978	Other	375470
Russell Floyd Knapp	Chairman emeritus	1 Jan 1983	Other	272192
Deborah Joan Lindberg Gertsen	Secretary	1 Feb 1985	Other	723011
Nancy Ann Welsh	Vice president	1 Feb 1993	Other	1011530
James Harold Johnson	Senior vice president, crop	1 Nov 1995	Other	1290334
Donald Heinz Muller	President and director	1 Jun 1996	Other	342442
Aaron Peter Jr Randolph	Sr. vice president, srop, br. mgr., director	1 Jun 1998	Other	707823
David George Sparks	Sr. vice president and director	1 Jun 1998	Other	866624
Mary Constance Kokontis	Treasurer	1 Jul 2000	Other	1942038
Inc. Ragen Mackenzie Group	Parent company	1 Mar 2001	75% - 100%	91-1898738
Randall Joseph Mccright	Director	1 Jul 2001	Other	xxx-xx-xxxx
James Jerome Urbanek	Director	1 Jul 2001	Other	3211063
Barbara A Knapp	Director	1 Jul 2001	Other	1718404

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
A Delaware Corporation Wells Fargo & Company	Shareholder	1 Mar 2000	75% - 100%	41-0449260

Based in Cedar Rapids

The principal office where Securities Corporation Of Iowa performs its advisory services is located at 200 Second Avenue Se, Cedar Rapids, IA 52401 1326 The mailing address of the firm is P.O. Box 1326, Cedar Rapids, IA 52406 1326. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-747-1213 or by fax 319-368-2608. The normal business hours are monday-thursday, 8-5, friday 8-4:30 on Monday - Friday. You can find more information about the New York firm at www.scisec.com.