40/86 Advisors, Inc. (Carmel)


40/86 Advisors, Inc. is a large advisory firm based in Carmel. It manages $23.56 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Indiana.

40/86 Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

40/86 Advisors: assets under management

The assets under management (AUM) of 40/86 Advisors, Inc. is $23.56 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and $1.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $23.56 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.39 billion each.

Investments

The firm invests in other assets the most. They account for 32% of the total AUM. The second-largest asset type is state and local bonds, which make up 9% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 40/86 Advisors, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ronald Frank Ruhl serves?

The firm provides services to insurance companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Ronald Frank Ruhl is insurance companies with 7 clients and $21.8 billion of assets under management. Among the 8 most similar advisory firms, 40/86 Advisors has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $23.56 billion for 17 clients. 40% of the firm’s clients are foreign persons or businesses.

40/86 Advisors also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.

Careers at 40/86 Advisors, Inc.

The company employs 72 people that are either part- or full-time employees. 100 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.

Ronald Frank Ruhl has been acting as President since 1 Sep 2003. Paul H Mcdonough joined the executive team most recently as the Director, Executive Vice President And Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Cno Financial Group Sole owner 1 Dec 1987 75% - 100% 35-1468632
Inc. Conseco Sole owner 1 Dec 1987 75% - 100% 35-1468632
Michael Earl Hoover Vp, institutional marketing 1 Mar 1989 Other 2142382
Gregory James Hahn Svp, chief investment officer 1 May 1989 Other 1719374
Richard W. Burke Svp/information systems 1 Sep 1993 Other 4347227
Richard William Burke Svp/chief information officer 1 Sep 1993 Other 4347227
Robert L. Cook Svp/director of research 1 Apr 1994 Other 4347234
John R. Kline Vp/finance & treasurer 1 May 1997 Other 4346747
William Patrick Michael Kovacs Vp/chief compliance officer/chief legal officer 1 Feb 1999 Other 1465530
Audrey L. Bruch Vp/controller 1 Dec 2000 Other 4347202
Audrey L. Kurzawa Vp/controller 1 Dec 2000 Other 4347202
Eric R. Johnson President & director 1 Sep 2003 Other 4346768
Eric Ronald Johnson President, cio & director 1 Sep 2003 Other 4346768
Ronald Frank Ruhl Director 1 Sep 2003 Other 1703722
Eugene M. Bullis Director 1 Sep 2003 Other 4716806
Jeffrey R Lovell Director of research, vp senior securites anaysis 1 Apr 2004 Other 4795129
Edwin J. Ferrell Director of research 1 May 2004 Other 4830303
Sarah Lynn Bertrand Chief compliance officer 1 Dec 2004 Other 2506227
Jeffrey M. Stautz Vp, chief compliance officer, and general counsel 1 Feb 2005 Other 4937463
Michael John Dunlop Senior vice president 1 Mar 2005 Other 1637800
Edwin J. Ferrell Senior vice president 1 Mar 2005 Other 4830303
Jesse Edward Horsfall Senior vice president 1 Feb 2007 Other 2275166
Edward John Bonach Evp, cfo 1 Apr 2007 Other 4650691
Scott L. Galovic Vice president and treasurer 1 Mar 2010 Other 6035609
Edward John Bonach Ceo 1 Oct 2011 Other 4650691
Matthew Scott Hall Senior vice president 1 Oct 2011 Other 3110362
Erik Magnus Helding Senior vice president and treasurer 1 Aug 2012 Other 2512925
Creeksource Llc Limited liability company (relying advisor) 1 Dec 2014 75% - 100% 47-2899178
Karl William Kindig Chief compliance officer 1 Apr 2015 Other 6425160
Rachel Spehler Chief compliance officer 1 Oct 2016 Other 6425160
Rachel Johanna Spehler Chief compliance officer 1 Oct 2016 Other 6425160
Paul H Mcdonough Director, executive vice president and chief financial officer 1 Apr 2019 Other 7089411
Zandra Maria De Haai Svp, fixed income research 1 Apr 2019 Other 6375703
Paul Harrington Mcdonough Director, executive vice president and chief financial officer 1 Apr 2019 Other 7089411

Based in Carmel

The principal office where 40/86 Advisors, Inc. performs its advisory services is located at 535 N. College Drive, Carmel, IN 46032, 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 317-817-4086 or by fax 317-817-5039. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at invest.4086.com/.