Century Securities Associates, Inc. (St Louis)

Name: Century Securities Associates, Inc.
Address: 501 N Broadway, St Louis, MO, 63102
Telephone: 314-342-4051

Century Securities Associates, Inc. is a large advisory firm based in St Louis. It manages $731.6 million of regulatory assets for 2,803 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Century Securities Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Century Securities Associates: assets under management

The assets under management (AUM) of Century Securities Associates, Inc. is $731.6 million. The firm's AUM has grown by 2523% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $335.04 million in discretionary accounts and $396.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $261.95 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $260.21 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Century Securities Associates, Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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.

What kind of clients James Mark Zemlyak serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of James Mark Zemlyak is high net worth individuals with 606 clients and $469.62 million of assets under management. Among the 8 most similar advisory firms, Century Securities Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $731.6 million for 2,087 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Century Securities Associates doesn't advise any private funds.

Careers at Century Securities Associates, Inc.

The company employs 145 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 86 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

James Mark Zemlyak has been acting as President since 1 Apr 2000. Adam Scott Melinger joined the executive team most recently as the Rosfp.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stifel Financial Corp.	Owner-holding company owning 100%	1 Jan 1991	75% - 100%	43-1273600
George Herbert Walker	Director, chairman	1 Jan 1991	Other	457110
George Herbert Iii Walker	Director, chairman	1 Jan 1991	Other	457110
Bernard Neal Burkemper	Chief financial officer	1 Jun 1993	Other	2146461
Ronald James Kruszewski	Director, chairman of the board	1 Jan 1998	Other	1434827
David Michael Hogan	Vice president, coo, chief compliane officer, srop,crop,chief legal counsel, director, seretary	1 Jul 1999	Other	1100457
Scott Bradley Mccuaig	Director, president	1 Mar 2000	Other	870364
James Mark Zemlyak	Director	1 Apr 2000	Other	1586132
Michael Andrew Murphy	Director	1 Apr 2000	Other	866860
Terrence Dooley Frank	First vice president	1 Dec 2001	Other	1330914
Terrence Dooley Frank	First vice president	1 Apr 2002	Other	1330914
Forrest Mckendree Smith	Chief legal counsel	1 Apr 2002	Other	2013208
Thomas Arthur Prince	Secretary	1 Apr 2002	Other	1127438
Nancy Ann Penwell	Rosfp	1 Mar 2004	Other	1356607
Michael J Ii Nicholson	Director of compliance	1 Mar 2004	Other	4313782
Marcia Johnson Kellams	Secretary	1 Jun 2004	Other	2953898
Steven Robert Frontczak	Assistant vice president	1 Jun 2004	Other	4697236
Dale Lee Rosenthal	Assistant vice president	1 Jun 2004	Other	2697051
Forrest Mckendree Smith	Legal counsel and vice president	1 Jun 2004	Other	2013208
Morse Lee Michael	Assistant vice president	1 Jun 2004	Other	4191171
Barbara Ann Eck Gill	Interim, compliance director, crop	1 Jun 2005	Other	1892262
Michael Patrick Conley	Crop	1 Jun 2005	Other	2924636
Stephen Chad Estep	Chief compliance officer	1 Dec 2005	Other	4158295
Michael Patrick Conley	Crop	1 Dec 2005	Other	2924636
David Michael Minnick	Corporate secretary/legal counsel	1 Mar 2007	Other	1498530
David Paul Akellian	Chief executive officer	1 Aug 2009	Other	1065017
Michael Patrick Conley	Chief compliance officer (ria only) rosfp	1 Jul 2010	Other	2924636
Janelle Andrea Conley	Rosfp	1 Jan 2011	Other	2477260
Janelle Andrea Galbierz	Rosfp	1 Jan 2011	Other	2477260
Rita Stephanie Kazembe	Cco advisory services	1 Mar 2011	Other	5907486
Allen Cor Brautigam	President and director	1 May 2011	Other	2400179
James Francis Rowan	Chief financial officer	1 Mar 2014	Other	1976998
Mark Fisher	Co-general counsel	1 Jun 2014	Other	4970942
John Gerald Olsen	Chief compliance officer	1 Apr 2015	Other	1395283
Matt Richard Wischmeier	Rosfp	1 May 2015	Other	5722168
Douglas Wayne Noll	Principal operations officer	1 Oct 2018	Other	1614129
Adam Scott Melinger	Rosfp	1 Aug 2019	Other	2373020

Based in St Louis

The principal office where Century Securities Associates, Inc. performs its advisory services is located at 501 N Broadway, St Louis, MO 63102, which is also the mailing address of the firm. An additional office of the firm is in Cape Coral, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-342-4051 or by fax 314-342-2004. The normal business hours are 8:00-4:30 on Monday - Friday. You can find more information about the New York firm at centurysecurities.com.