Footprints Asset Management & Research, Inc. (Omaha)


Footprints Asset Management & Research, Inc. is an investment adviser to an investment company based in Omaha. It manages $82.52 million of regulatory assets for 338 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Iowa, Nebraska, and Texas.

Logo



Footprints Asset Management & Research provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Footprints Asset Management & Research: assets under management

The assets under management (AUM) of Footprints Asset Management & Research, Inc. is $82.52 million. The firm's AUM has grown by 103% since the beginning of its operation, and $173.33 thousand of the total AUM is attributable to clients outside of the United States.


The firm manages $81.55 million in discretionary accounts and $972.25 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $241.99 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $972.25 thousand.
Footprints Asset Management & Research has custody of $732.39 thousand in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 34% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Footprints Asset Management & Research, 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 Stephen Joseph Lococo serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Stephen Joseph Lococo is high net worth individuals with 51 clients and $40.43 million of assets under management. Among the 4 most similar advisory firms, Footprints Asset Management & Research has the 2nd highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $82.52 million for 338 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Footprints Asset Management & Research also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Footprints Asset Management & Research, 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. 3 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.

Stephen Joseph Lococo has been acting as President since 1 Jul 2003. Rebecca Lynn Hendrickson joined the executive team most recently as the Vice President.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Stephen Joseph Lococo President/director/chief compliance officer 1 Jul 2003 75% - 100% 707656
Richard Tyson Huebner Director 1 Jul 2003 Other 1080361
Diana Marie Whitman Secretary/treasurer 1 Jul 2003 Other 2555229
Harriette E Lococo Secretary/treasurer 1 Jun 2004 Other 4830184
Rebecca Lynn Hendrickson Vice president 1 Jun 2005 Other 4572882

Based in Omaha

The principal office where Footprints Asset Management & Research, Inc. performs its advisory services is located at 11422 Miracle Hills Drive, Omaha, NE 68154, 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 402-445-9333 or by fax 402-445-0526. The normal business hours are 8:00 a.m.- 5:00 p.m. m-f on Monday - Friday. You can find more information about the New York firm at famr.com.