Mench Financial Inc (Cincinnati)

Name: Mench Financial Inc
Address: 8280 Montgomery Road, Cincinnati, OH, 45236 6101
Telephone: 513-745-5111

Mench Financial Inc is a large advisory firm based in Cincinnati. It manages $201.19 million of regulatory assets for 511 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 35 other states.

Mench Financial provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mench Financial: assets under management

The assets under management (AUM) of Mench Financial Inc is $201.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 107% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $201.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.71 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mench Financial 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.

What kind of clients Thomas Stanley Mench 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 Thomas Stanley Mench is high net worth individuals with 260 clients and $129.49 million of assets under management. Among the 9 most similar advisory firms, Mench Financial has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $201.19 million for 511 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.

Mench Financial doesn't advise any private funds.

Careers at Mench Financial Inc

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Stanley Mench	Chairman/chief compliance officer	1 Dec 1994	75% - 100%	1959470

Based in Cincinnati

The principal office where Mench Financial Inc performs its advisory services is located at 8280 Montgomery Road, Cincinnati, OH 45236 6101, 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 513-745-5111 or by fax 513-745-5115. The normal business hours are 9 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at menchfin.com.