Idr Investment Management, LLC (Cleveland)

Idr Investment Management, LLC is a large advisory firm based in Cleveland. It manages $1.27 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Ohio.

Idr Investment Management provides 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.

Idr Investment Management: assets under management

The assets under management (AUM) of Idr Investment Management, LLC is $1.27 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.27 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $634.03 million each.

Idr Investment Management has custody of $1.27 billion in cash and securities for 2 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Idr Investment Management, LLC 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.

What kind of clients Roger Farnham Rankin serves?

The only and largest group of clients of Roger Farnham Rankin is pooled investment vehicles with 2 clients and $1.27 billion of assets under management. Among the 10 most similar advisory firms, Idr Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.27 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Idr Investment Management also advises several private funds. Namely, two real estate funds and one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Idr Investment Management, LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Roger Farnham Rankin has been acting as President since 1 Dec 2016. Thomas James Bartos joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gary Albert Zdolshek	Ceo	1 Dec 2016	25% - 50%	1252291
Roger Farnham Rankin	Chairman	1 Dec 2016	Other	5780489
Usaa Real Estate Company	Member	1 Dec 2016	25% - 50%	74-2237999
Thomas James Bartos	Chief compliance officer	1 Aug 2017	Other	2395255

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Usaa Capital Corporation	Shareholder	1 Oct 1992	25% - 50%	51-0291843
United States Automobile Association	Shareholder	1 Oct 1992	75% - 100%	74-0959140

Based in Cleveland

The principal office where Idr Investment Management, LLC performs its advisory services is located at 1111 Superior Ave., Cleveland, OH 44114, 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 216-622-0004. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.