National City Investment Management Company (Cleveland)

National City Investment Management Company is a large advisory firm based in Cleveland. It manages $27.35 billion of regulatory assets for 744 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Indiana, and 5 other states.

National City Investment Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

National City Investment Management Company: assets under management

The assets under management (AUM) of National City Investment Management Company is $27.35 billion. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.23 billion in discretionary accounts and $127.09 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.54 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay National City Investment Management Company for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 National City Investment Management Company

Michael James Minnaugh has been acting as President since 1 Mar 1999. Donald Lee Ross has served as the Chief Investment Officer since 1 Jul 1998. Jaqueline Marie Hummel joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
National City Bank Michigan/Illinois	100% owner	1 Dec 1985	75% - 100%	38-0541170
National City Bank Of The Midwest	100% owner	1 Dec 1985	75% - 100%	38-0541170
Donald Lee Ross	Director/president/managing director/chief investment officer	1 Jul 1998	Other	4340490
Kathleen Theresa Barr	Director/managing director	1 Jul 1998	Other	1447347
Timothy Mcdonough	Managing director	1 Jul 1998	Other	1021909
Michael James Minnaugh	Director/chairman of the board	1 Mar 1999	Other	4340485
Joseph Charles Penko	Vice president/treasurer/director of compliance & finance	1 May 2000	Other	4340868
Sandra Ivins Kiely	Managing director/chief administrative officer	1 Jul 2000	Other	4340507
Paul Gerard Clark	Chairman	1 Mar 2002	Other	4520796
Daniel Glen Bandi	Managing director	1 Nov 2002	Other	1882938
Scott Douglas Kremer	Managing director	1 Mar 2003	Other	2081834
Ted Michael Parker	Chairman	1 Mar 2005	Other	2332365
John Abunassar	Director	1 Mar 2005	Other	4360690
Andrew Douglas Harding	Director	1 Mar 2005	Other	720978
Gordon Alvin Johnson	Director	1 Mar 2005	Other	2109867
Jaqueline Marie Hummel	Chief compliance officer	1 May 2005	Other	5039139

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
National City Corporation	Indirect owner	1 Mar 1998	75% - 100%	34-1111088

Based in Cleveland

The principal office where National City Investment Management Company performs its advisory services is located at 200 Public Square, 5 Th Floor Loc 10 86 Ps 04, Cleveland, OH 44114, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-222-8699 or by fax 216-222-0220. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday.