Securities Corporation Of Iowa (Cedar Rapids)


Securities Corporation Of Iowa is a large advisory firm based in Cedar Rapids. It manages $30.73 million of regulatory assets for 145 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Iowa, and Wisconsin.

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Securities Corporation Of Iowa provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Securities Corporation Of Iowa: assets under management

The assets under management (AUM) of Securities Corporation Of Iowa is $30.73 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $17.61 million in discretionary accounts and $13.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $704.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $109.33 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Securities Corporation Of Iowa for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Securities Corporation Of Iowa

Randall Joseph Mccright has been acting as President since 1 Jul 2001. James Jerome Urbanek joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
James Henry Richard Managing director and director 1 Nov 1978 Other 375470
Russell Floyd Knapp Chairman emeritus 1 Jan 1983 Other 272192
Deborah Joan Lindberg Gertsen Secretary 1 Feb 1985 Other 723011
Nancy Ann Welsh Vice president 1 Feb 1993 Other 1011530
James Harold Johnson Senior vice president, crop 1 Nov 1995 Other 1290334
Donald Heinz Muller President and director 1 Jun 1996 Other 342442
Aaron Peter Jr Randolph Sr. vice president, srop, br. mgr., director 1 Jun 1998 Other 707823
David George Sparks Sr. vice president and director 1 Jun 1998 Other 866624
Mary Constance Kokontis Treasurer 1 Jul 2000 Other 1942038
Inc. Ragen Mackenzie Group Parent company 1 Mar 2001 75% - 100% 91-1898738
Randall Joseph Mccright Director 1 Jul 2001 Other xxx-xx-xxxx
James Jerome Urbanek Director 1 Jul 2001 Other 3211063
Barbara A Knapp Director 1 Jul 2001 Other 1718404

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
A Delaware Corporation Wells Fargo & Company Shareholder 1 Mar 2000 75% - 100% 41-0449260

Based in Cedar Rapids

The principal office where Securities Corporation Of Iowa performs its advisory services is located at 200 Second Avenue Se, Cedar Rapids, IA 52401 1326 The mailing address of the firm is P.O. Box 1326, Cedar Rapids, IA 52406 1326. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-747-1213 or by fax 319-368-2608. The normal business hours are monday-thursday, 8-5, friday 8-4:30 on Monday - Friday. You can find more information about the New York firm at www.scisec.com.