Encyclopedia Dubuque
"Encyclopedia Dubuque is the online authority for all things Dubuque, written by the people who know the city best.”
Marshall Cohen—researcher and producer, CNN
Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
STEELE CAPITAL MANAGEMENT: Difference between revisions
No edit summary |
No edit summary |
||
| Line 3: | Line 3: | ||
In 1994 Kevin Timmerman joined the Steele organization to provide clients with investment and estate planning services. In 1996, Kevin and Mike established Steele Capital Management, Inc. as a Registered Investment Advisor (RIA) and began providing investment advice on a fee-only basis; a relatively new concept at the time. In 2002, Steele Capital Management added 401(k) administration and record-keeping to its service offering. | In 1994 Kevin Timmerman joined the Steele organization to provide clients with investment and estate planning services. In 1996, Kevin and Mike established Steele Capital Management, Inc. as a Registered Investment Advisor (RIA) and began providing investment advice on a fee-only basis; a relatively new concept at the time. In 2002, Steele Capital Management added 401(k) administration and record-keeping to its service offering. | ||
In 2010 Steele Capital Management managed over $1 billion for both individuals and company sponsored retirement plans, and provided daily record-keeping and administration to over 175 retirement plans. In addition to Dubuque, Steele Capital Management had offices in Des Moines and Minneapolis. | In 2010 Steele Capital Management managed over $1 billion for both individuals and company sponsored retirement plans, and provided daily record-keeping and administration to over 175 retirement plans. In that year only 17% of registered investment advisers nationwide managed more than one billion according to ''Financial Planning'' magazine. In addition to Dubuque, Steele Capital Management had offices in Des Moines and Minneapolis. | ||
[[Category: Business]] | [[Category: Business]] | ||
Revision as of 03:05, 27 November 2010
STEELE CAPITAL MANAGEMENT. The Steele family’s legacy in the financial services industry began in 1946, when Don T. Patrick Steele began his career as a financial adviser. Five of Steele's six children followed him into the financial services industry. His son, Mike Steele, became one of the nation’s most respected advisors.
In 1994 Kevin Timmerman joined the Steele organization to provide clients with investment and estate planning services. In 1996, Kevin and Mike established Steele Capital Management, Inc. as a Registered Investment Advisor (RIA) and began providing investment advice on a fee-only basis; a relatively new concept at the time. In 2002, Steele Capital Management added 401(k) administration and record-keeping to its service offering.
In 2010 Steele Capital Management managed over $1 billion for both individuals and company sponsored retirement plans, and provided daily record-keeping and administration to over 175 retirement plans. In that year only 17% of registered investment advisers nationwide managed more than one billion according to Financial Planning magazine. In addition to Dubuque, Steele Capital Management had offices in Des Moines and Minneapolis.