Mitchell Vaught & Taylor Inc (Chicago)

Name: Mitchell Vaught & Taylor Inc
Address: 53 W. Jackson Suite 905, Chicago, IL, 60604
Telephone: 312-922-1717

Mitchell Vaught & Taylor Inc is a large advisory firm based in Chicago. It manages $454.98 million of regulatory assets for 253 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Illinois.

Mitchell Vaught & Taylor provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and municipal consulting on accounting and financial operations. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mitchell Vaught & Taylor: assets under management

The assets under management (AUM) of Mitchell Vaught & Taylor Inc is $454.98 million. The firm's AUM has grown by 201% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $395.68 million in discretionary accounts and $59.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.82 million.

Investments

The firm invests in exchange traded securities the most. They account for 37% of the total AUM. The second-largest asset type is government bonds, which make up 34% of the firm’s portfolio. Investments in investment grade corporate bonds form 26% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mitchell Vaught & Taylor Inc for their services and products based on a percentage of assets under management and hourly charges. 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 William John Mitchell serves?

The firm provides services to individuals, charitable organizations, and state or municipal government entities. The largest group of clients of William John Mitchell is state or municipal government entities with 38 clients and $435.57 million of assets under management. Among the 10 most similar advisory firms, Mitchell Vaught & Taylor has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $454.98 million for 91 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.

Mitchell Vaught & Taylor doesn't advise any private funds.

Careers at Mitchell Vaught & Taylor Inc

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.

William John Mitchell has been acting as President since 1 Mar 2006. Amanda Leah Vaught joined the executive team most recently as the Director And Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Hall Vaught	Director & secretary	1 Jul 1996	25% - 50%	2628191
David Vaught	Managing director & treasurer	1 Jul 1996	50% - 75%	2628191
John Thomas Mitchell	President & shareholder	1 Jan 1998	50% - 75%	1599183
Danielle N Taylor	Director & chief compliance officer	1 Jan 2005	Other	4573090
Danielle N Woods	Treasurer & chief compliance officer	1 Jan 2005	Other	4573090
William John Mitchell	Director	1 Mar 2006	Other	4784324
Erica S Vaught	Director	1 Mar 2006	Other	5116560
Marjorie Mitchell Burke	Director & portfolio manager	1 May 2007	Other	5502316
Marjorie Mitchell	Director & portfolio manager	1 May 2007	Other	5502316
Dwight Lloyd Ower	Chief compliance officer	1 Mar 2009	Other	5503986
Amanda Leah Vaught	Director and shareholder	1 Dec 2015	Other	6626153
William George Yocius	Chief executive officer	1 Jul 2016	Other	4741695
Danielle N Woods	Director	1 Nov 2016	Other	4573090
Amanda Leah Vaught	Director and shareholder	1 Feb 2017	Other	6626153

Based in Chicago

The principal office where Mitchell Vaught & Taylor Inc performs its advisory services is located at 53 W. Jackson Suite 905, Chicago, IL 60604, 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 312-922-1717 or by fax 312-922-1772. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at mvtinvest.com.