Olde Asset Management Inc (Detroit)


Olde Asset Management Inc is a large advisory firm based in Detroit. It manages $3.38 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2001.

Olde Asset Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Olde Asset Management: assets under management

The assets under management (AUM) of Olde Asset Management Inc is $3.38 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.38 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.13 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Olde Asset Management Inc for their services and products based on a percentage of assets under management. 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 Olde Asset Management Inc

Mack Harry Sutton has been acting as President since 1 Oct 1989. Lyle Ben Schonberger joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Olde Financial Corporation Owner 1 Sep 1987 75% - 100% 38-2722519
Gregory Allen Hohenshil President, director 1 Jan 1988 Other 1409802
Mack Harry Sutton Director 1 Oct 1989 Other 1388260
Lyle Ben Schonberger President 1 Jun 2001 Other 2459054

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. H&R Block Indirect shareholder 1 Dec 1999 75% - 100% 44-0607856
Block Financial Corporation Indirect shareholder 1 Dec 1999 75% - 100% 52-1781495

Based in Detroit

The principal office where Olde Asset Management Inc performs its advisory services is located at 751 Griswold, Detroit, MI 48226, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 313-961-6666 or by fax 313-628-1903. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.