Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
Columbus Investment Advisory Inc. Overview
Columbus Investment Advisory Inc. is a fee-based investment advisory firm based in New Albany, Ohio. It has been in business since 1996 and specializes in providing investment advice to individuals and small businesses. It is registered as an investment advisory firm and offers portfolio management services. The firm's portfolio management services are designed to help clients achieve their financial goals through strategic investment choices. The team of experienced advisors at Columbus Investment Advisory Inc. work with clients to develop personalized investment strategies that suit their unique needs and preferences. In addition to portfolio management, Columbus Investment Advisory Inc. offers financial consulting services. These services are aimed at helping clients make informed financial decisions. The consulting services cover a wide range of financial areas, from retirement planning to tax planning and estate planning. With an extensive knowledge of financial markets and a deep understanding of client needs, the firm is well positioned to provide valuable insights and advice on a variety of financial matters. Overall, Columbus Investment Advisory Inc. is a reputable investment advisory firm that offers a range of services aimed at helping clients achieve their financial goals. Its fee-based approach ensures that clients receive transparent and objective advice, and its experienced team of advisors provides personalized service tailored to each client's individual needs. Whether you are an individual investor or a small business owner, Columbus Investment Advisory Inc. is a trusted partner that can help guide you towards a secure financial future.
rates flat fee tiered fee COLUMBUS INVESTMENT ADVISORY INC. has a diverse client base, catering to individuals as well as high net worth individuals and charitable organizations. They understand that each client has their own unique financial goals and objectives, and they strive to provide customized investment advice to help clients achieve their targets. In terms of fee structures, COLUMBUS INVESTMENT ADVISORY INC. offers a variety of options depending on the specific services provided. For clients who require ongoing investment management, they offer a percentage of assets under management (AUM) fee structure. If clients only require periodic advice, they offer hourly rates. Additionally, for clients that feel more comfortable with fixed costs, they offer flat fees or tiered fees for specific services. These options provide clients with the flexibility they need to tailor their investment management to meet their specific financial needs.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Columbus Investment Advisory Inc., there is no mention of an investment minimum.
How This Office Can Help New Albany, OH Residents
Columbus Investment Advisory is a trusted financial firm that assists clients in New Albany, OH, in achieving their financial goals. The team of financial experts at Columbus Investment Advisory provides personalized financial planning and investment management services to clients based on their specific needs and goals. They offer a range of services, including retirement planning, college planning, tax planning, estate planning, and more. Living in New Albany, OH, individuals may face various financial challenges, such as managing debt, saving for retirement, paying for college, building an emergency fund, or protecting their assets. Columbus Investment Advisory understands these challenges and provides comprehensive solutions that help individuals overcome them. With a focus on building long-term relationships with clients, Columbus Investment Advisory strives to provide the highest level of service to help clients achieve financial security and peace of mind.
Services Offered by Columbus Investment Advisory Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Columbus Investment Advisory Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Unavailable
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Columbus Investment Advisory Inc. is registered to service clients in the following states:
- Ohio
Disciplinary History
Columbus Investment Advisory Inc. does not have any disclosures. Please visit it's Form ADV for more details.