World Trend Financial Planning Services, Ltd. (Cedar Rapids)

Name: World Trend Financial Planning Services, Ltd.
Address: 221 Third Avenue Se Suite 215, Cedar Rapids, IA, 52401
Telephone: 319-364-3041

World Trend Financial Planning Services, Ltd. is a large advisory firm based in Cedar Rapids. It manages $449.24 million of regulatory assets for 3,093 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, Arkansas, California, and 17 other states.

World Trend Financial Planning Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

World Trend Financial Planning Services: assets under management

The assets under management (AUM) of World Trend Financial Planning Services, Ltd. is $449.24 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay World Trend Financial Planning Services, Ltd. 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.

What kind of clients World Trend Financial Planning Services serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of World Trend Financial Planning Services is individuals with 1,039 clients and $276.04 million of assets under management. Among the 8 most similar advisory firms, World Trend Financial Planning Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $449.24 million for 1,070 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.

World Trend Financial Planning Services doesn't advise any private funds.

Careers at World Trend Financial Planning Services, Ltd.

The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 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.

World Trend Financial Planning Services, Ltd. is owned by Robert Matthew Myers. Jeremy Scott Mead has served as the Chief Investment Officer since 1 Jul 2010. Donna Sue Sanders joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Franciscus Terry	Owner and board member	1 Sep 1991	25% - 50%	1217344
Sandra Sue Kuda	Secretary/treasurer	1 Jan 2002	Other	5822788
Patricia Ann Davidson	Owner, chief compliance officer and chairman of the board	1 May 2006	25% - 50%	2191123
Donna Sue Sanders	Vice president	1 Apr 2008	Other	5524244
Catherine Ann Johnson	Chief administrative officer	1 Jun 2010	Other	6308589
Jeremy Scott Mead	Chief investment officer	1 Jul 2010	Other	5832598
Tory Andrew Meiborg	Owner and president of firm board	1 Dec 2012	25% - 50%	3029409
Bradley Owen Haverback	Vice president	1 Jan 2017	Other	5819654
Bradley Owen Haverback	Vice president	1 Jan 2018	Other	5819654
Donna Sue Sanders	Vice president	1 Jan 2019	Other	5524244
Robert Matthew Myers	Owner	1 Jan 2019	Other	5394621

Based in Cedar Rapids

The principal office where World Trend Financial Planning Services, Ltd. performs its advisory services is located at 221 Third Avenue Se Suite 215, Cedar Rapids, IA 52401 The mailing address of the firm is Po Box 75006, Cedar Rapids, IA 52407. An additional office of the firm is in Cabot, AR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 319-364-3041 or by fax 319-364-4296. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at realfinancialstrategies.com.