S. R. Schill & Associates Inc. (Mercer Island)

Name: S. R. Schill & Associates Inc.
Address: 2448 76 Th Ave Se, Mercer Island, WA, 98040
Telephone: 206-275-2700

S. R. Schill & Associates Inc. is a large advisory firm based in Mercer Island. It manages $167.97 million of regulatory assets for 533 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Louisiana, Texas, and Washington.

S. R. Schill & Associates provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

S. R. Schill & Associates: assets under management

The assets under management (AUM) of S. R. Schill & Associates Inc. is $167.97 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $166.47 million in discretionary accounts and $1.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $315.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $249.77 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay S. R. Schill & Associates Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Stanley Roi Schill serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Stanley Roi Schill is high net worth individuals with 41 clients and $129.28 million of assets under management. Among the 6 most similar advisory firms, S. R. Schill & Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $167.97 million for 159 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.

S. R. Schill & Associates doesn't advise any private funds.

Careers at S. R. Schill & Associates Inc.

The company employs 5 people that are either part- or full-time employees. 60 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Stanley Roi Schill has been acting as President since 1 Jul 1987. Nhat Thi Minh Bui joined the executive team most recently as the Para Financial Planner / Member At Large.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stanley Roi Schill	Chairman	1 Jul 1987	50% - 75%	413364
Eva Vivian Baker	Treasurer	1 May 1999	Other	4346734
Leonard Alan Skiena	Chief executive officer / chief compliance officer	1 Mar 2006	25% - 50%	5086092
Robert Edwin Toomey	Vice president / director of research / secretary	1 Jul 2011	Other	1731557
Stacy Nicole Schill	Vice president, client relations & marketing	1 Oct 2012	Other	6174024
Nhat Thi Minh Bui	Para financial planner / member at large	1 Dec 2016	Other	6636278

Based in Mercer Island

The principal office where S. R. Schill & Associates Inc. performs its advisory services is located at 2448 76 Th Ave Se, Mercer Island, WA 98040, 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 206-275-2700 or by fax 206-275-2710. The normal business hours are 8 am to 5 pm, pst on Monday - Friday. You can find more information about the New York firm at srschill.com.