Winthrop Capital Management, LLC (Indianapolis)

Name: Winthrop Capital Management, LLC
Address: 20 East 91 St Street, Indianapolis, IN, 46240
Telephone: 317-663-7500

Winthrop Capital Management, LLC is a large advisory firm based in Indianapolis. It manages $679.84 million of regulatory assets for 535 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Georgia, Illinois, and 4 other states.

Winthrop Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Winthrop Capital Management: assets under management

The assets under management (AUM) of Winthrop Capital Management, LLC is $679.84 million. The firm's AUM has grown by 2075% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $661.07 million in discretionary accounts and $18.77 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.24 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $9.39 million.

Winthrop Capital Management has custody of $4.15 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Winthrop Capital Management, LLC 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 Winthrop Capital Management serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Winthrop Capital Management is insurance companies with 3 clients and $378.18 million of assets under management. Among the 6 most similar advisory firms, Winthrop Capital Management has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $679.84 million for 255 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.

Winthrop Capital Management doesn't advise any private funds.

Careers at Winthrop Capital Management, LLC

The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Gregory James Hahn	Managing member and chief compliance officer	1 Aug 2007	75% - 100%	1719374
Audrey L. Kurzawa	Chief compliance officer	1 Mar 2010	Other	4347202
Gregory James Hahn	President and chief investment officer	1 Oct 2018	Other	1719374
John Carl Swhear	Chief compliance officer	1 Oct 2018	Other	2671024
Noyes Group Llc	Sole shareholder	1 Oct 2018	75% - 100%	47-2336833
Kevin Paul Chase	Chief compliance officer	1 Feb 2019	Other	1626158

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark F Bayley	Trustee	1 Nov 2012	Other	6424199
Cheryl A Bayley Young	Trustee	1 Nov 2012	Other	6424681
Lowry Hinch Bayley	Board member, director	1 Jan 2015	25% - 50%	15409
2012 The Frank M. Bayley Dynasty Trust U/A Dated October 11	Unit holder	1 Jan 2015	25% - 50%	46-6368707
Brian Forrest Cooke	Board mem	1 Nov 2016	Other	2240523
John Christopher Cooke	Board member, director	1 Nov 2016	Other	2161718
James R Dickson	Board member, director, president	1 May 2018	Other	2978084

Based in Indianapolis

The principal office where Winthrop Capital Management, LLC performs its advisory services is located at 20 East 91 St Street, Indianapolis, IN 46240, 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 317-663-7500 or by fax 317-663-7501. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at winthropcm.com.