Paladin Advisory Group, LLC (Clive)

Name: Paladin Advisory Group, LLC
Address: 13375 University Avenue, Suite 300, Clive, IA, 50325
Telephone: 515-348-6080

Paladin Advisory Group, LLC is a large advisory firm based in Clive. It manages $133.31 million of regulatory assets for 170 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Iowa.

Paladin Advisory Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Paladin Advisory Group: assets under management

The assets under management (AUM) of Paladin Advisory Group, LLC is $133.31 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130.27 million in discretionary accounts and $3.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $770.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.04 million.

Paladin Advisory Group has custody of $8.98 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is state and local bonds, which make up 18% of the firm’s portfolio. Investments in exchange traded securities form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paladin Advisory Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paladin Advisory Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Paladin Advisory Group is high net worth individuals with 43 clients and $126.95 million of assets under management. Among the 10 most similar advisory firms, Paladin Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $133.31 million for 69 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.

Paladin Advisory Group doesn't advise any private funds.

Careers at Paladin Advisory Group, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bradley William Clark	Managing member, cio, cco	1 Sep 2016	25% - 50%	4983613
Timothy Eugene Pratt	Managing member	1 Sep 2016	25% - 50%	1623355
Debra Jean Minkler	Managing member	1 Sep 2016	25% - 50%	6391658

Based in Clive

The principal office where Paladin Advisory Group, LLC performs its advisory services is located at 13375 University Avenue, Suite 300, Clive, IA 50325, 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 515-348-6080. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at paladinwp.com.