Boyd Watterson Asset Management, LLC

CRD#107808
Investment Advisor Firm

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Learn more about Boyd Watterson Asset Management, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Boyd Watterson Asset Management, LLC is located at 1301 East 9th Street, Cleveland, OH. The firm employs 45 financial advisors to manage client portfolios and provide financial guidance. Boyd Watterson Asset Management, LLC is not a registered broker-dealer.

    Boyd Watterson Asset Management, LLC oversees $17.9 billion in assets under management across 1,126 accounts, of which 1,118 are discretionary and 8 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for institutional clients. The firm caters to a diverse range of investors, including retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, insurance companies, and corporations. Retail investors are the largest client type by accounts. The fee structure at Boyd Watterson Asset Management, LLC includes asset-based, fixed, and performance-based fees. The firm has 216 high net worth clients and maintains affiliations with an accountant or accounting firm, a lawyer or law firm, and a real estate broker or dealer.

    Boyd Watterson Asset Management, LLC is registered in the states of Alabama, Arizona, Arkansas, California, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Alaska, Colorado, Maine, Florida, Indiana, Michigan, Georgia, Illinois, Kentucky, Montana, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, West Virginia, Wisconsin, Wyoming, Washington, Nebraska, Virginia, New Hampshire, Oregon, and Rhode Island.

    Assets Under Management

    $17.9 billion

    Number of Advisors

    45

    Disclosures

    No

    Office Location

    1301 East 9Th Street
    Cleveland, OH 44114-3179

    Boyd Watterson Asset Management, LLC by the Numbers

    Total Assets Under Management

    $17.9 billion

    National Average: $8.6 billion
    Total Number of Employees

    121

    National Average: 64
    Total Number of Accounts

    1,126

    National Average: 375,227
    Average Account Size

    $15.9 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice typically depend on the type of services provided. Fees billed by Boyd Watterson Asset Management, LLC most likely consist of some combination of the following fee structures: asset-based, fixed, or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are offered by Boyd Watterson Asset Management, LLC.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company manages money for a number of different customers. The company provides services to retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, insurance companies, and corporations. Out of its 9 clients, Boyd Watterson Asset Management, LLC's biggest client type by number of accounts is pooled investment vehicles, though it also caters to 216 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 19.18%
    • Other Individuals - 40.67%
    • Corporations - 30.99%
    • Charitable Organizations - 9.15%

    * 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

    Boyd Watterson Asset Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Boyd Watterson Asset Management, LLC

    Adam Thayer
    Bloomfield Hills, MI
    Rank Dawson
    Cleveland, OH
    Michael Krushena
    Bloomfield Hills, MI
    Patrick Prato
    Cleveland, OH
    Michael Vandenbossche
    Cleveland, OH
    Bobby Frady
    Tampa, FL
    Brian Convery
    Cleveland, OH
    Ashish Mishra
    Cleveland, OH
    Theodore Hellmuth
    Cleveland, OH

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    The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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