40/86 Advisors, Inc
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Overview
40/86 Advisors, Inc is a financial advisor company headquartered in Carmel, Indiana. It oversees $24.5 billion in total assets throughout 15 client accounts, placing it among the biggest investment advisory firms in the United States by assets under management (AUM). It has an average-sized team, including 77 financial advisors. 40/86 Advisors, Inc does not act as a registered broker-dealer, meaning the firm cannot buy and sell securities for its own accounts as well as its clients' and instead has to go through a broker-dealer firm to do so. Securities are defined as tradable financial assets like options, equities and bonds.
40/86 Advisors, Inc manages all of its accounts in a discretionary manner. Discretionary management is a structure in which transaction judgments for the client's account are made by a portfolio manager without needing to seek client permission. The investment advisory firm administers about $1.6 billion for each customer account. An average advisor at 40/86 Advisors, Inc oversees fewer than one client account, placing it among the most personalized advisor firms in the country.
The company's headquarters is at 535 N. College Drive, Carmel, Indiana 46032. 40/86 Advisors, Inc is legally allowed to serve investors in the state of Indiana.
Assets Under Management
Number of Advisors
Disclosures
Office Location
40/86 Advisors, Inc by the Numbers
$24.5 billion
77
15
$1.6 billion
Fee Structure
Fees charged by financial advisors vary depending on the type of financial services provided. Fees billed by the firm most likely consist of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It works with pooled investment vehicles, insurance companies and corporations. Out of its 15 accounts, 40/86 Advisors, Inc's largest client group by number of accounts is insurance companies. Around 27% of the firm's accounts are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
40/86 Advisors, Inc does not have any disclosures.
Please visit its Form ADV for more details.
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