Midamerica Investment Advisory Group,Inc. (Des Moines)

Midamerica Investment Advisory Group,Inc. is a large advisory firm based in Des Moines. It manages $600.86 million of regulatory assets for 38 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Arizona, Iowa, and South Dakota.

Midamerica Investment Advisory Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Midamerica Investment Advisory Group: assets under management

The assets under management (AUM) of Midamerica Investment Advisory Group,Inc. is $600.86 million. The firm's AUM has grown by 971% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $552.13 million in discretionary accounts and $48.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $48.72 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Midamerica Investment Advisory Group,Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Midamerica Investment Advisory Group,Inc.

J. Michael Earley has been acting as President since 1 May 2003. Jon Kent Augustine has served as the Chief Investment Officer since 1 Dec 2009. Mark Paul Mandziara joined the executive team most recently as the Senior Managing Director/Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Midamerica Financial Corporation	Shareholder	1 May 2003	75% - 100%	37-1448038
J. Michael Earley	President	1 May 2003	Other	4665657
Robert Sterling Dewaay	Vice president	1 May 2003	Other	2204158
Kip A. Albertson	Secretary/treasurer	1 May 2003	Other	4665691
Kip J. Albertson	Secretary/treasurer	1 May 2003	Other	4665691
Mary Ruth Dotterer	Chief compliance officer	1 Mar 2004	Other	4347622
Mary Dotterer Pitcher	Chief compliance officer	1 Mar 2004	Other	4347622
Margaret Mary Bishop	Chief compliance officer	1 Jan 2007	Other	5277772
John Randall Lepley	Chief compliance officer	1 Feb 2007	Other	1109828
Scott Dean Eltjes	President and ceo	1 Aug 2009	Other	2258653
Suku Radia	Chairman	1 Aug 2009	Other	5077530
Jon Kent Augustine	Vice president/chief investment officer	1 Dec 2009	Other	4370549
Mark Paul Mandziara	Senior managing director/board member	1 Dec 2009	Other	4665697

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Formed Under Agreement Dated April 2 2002 By John Ruan As Settlor. Current Trustee: John Ruan John Ruan 1993 Revocable Trust	Control person	1 Mar 2002	25% - 50%	none
Formed 12/20/1991 By Elizabeth J. Ruan Settlor. Trustees: John Ruan Iii & Steven E. Zumbach Elizabeth J. Ruan Revocable Trust	Control person	1 Mar 2002	25% - 50%	none
Btc Financial Corporation	Control person	1 May 2003	75% - 100%	01-0629894

Based in Des Moines

The principal office where Midamerica Investment Advisory Group,Inc. performs its advisory services is located at 453 7 Th Street, Des Moines, IA 50309 3702, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 515-245-2416 or by fax 515-247-2054. The normal business hours are 8-5 on Monday - Friday.