Members Capital Advisors, Inc. (Madison)

Name: Members Capital Advisors, Inc.
Address: 5910 Mineral Point Rd, Madison, WI, 53705
Telephone: 319-483-3241

Members Capital Advisors, Inc. is a large advisory firm based in Madison. It manages $19.45 billion of regulatory assets for 340 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 47 other states.

Members Capital Advisors provides portfolio management for businesses and institutional clients, 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.

Members Capital Advisors: assets under management

The assets under management (AUM) of Members Capital Advisors, Inc. is $19.45 billion. The firm's AUM has grown by 2156% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.76 billion in discretionary accounts and $1.7 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $82.2 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.68 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 26% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Members Capital Advisors, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Jason Alan Pisarik serves?

The firm provides services to insurance companies, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jason Alan Pisarik is insurance companies with 5 clients and $14.39 billion of assets under management. Among the 11 most similar advisory firms, Members Capital Advisors has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $19.45 billion for 340 clients. None of the firm’s clients are foreign persons or businesses.

Members Capital Advisors also advises several private funds. Namely, four private equity funds.

Careers at Members Capital Advisors, Inc.

The company employs 45 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Jason Alan Pisarik has been acting as President since 1 Dec 2012. John Monroe Landers joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cuna Mutual Life Insurance Company	Shareholder 50%	1 Jul 1982	50% - 75%	42-0388260
Michael Steven Daubs	President and director	1 Jul 1982	Other	1456917
Lawrence Roy Halverson	Senior vice president	1 Dec 1987	Other	1738686
Cuna Mutual Investment Corporation	Shareholder 50%	1 Jan 1992	50% - 75%	39-1172351
Joyce Alberta Harris	Director	1 Jan 1992	Other	4342294
James Charles Hickman	Director	1 Jan 1992	Other	4342300
George Albert Nelson	Director	1 Jan 1992	Other	856272
Thomas Joseph Merfeld	Vice president	1 Jan 1994	Other	4342308
Michael Beverly Kitchen	Director	1 Mar 1995	Other	4342304
Jeffrey Bruce Pantages	Senior vice president	1 Mar 1998	Other	1234251
Mark T Warshauer	Senior vice president	1 Nov 2000	Other	1874897
Mary Hoffmann	Assistant vp,finance & operations	1 May 2001	Other	4514215
Scott David Knapp	Vice president	1 Aug 2003	Other	1884700
Scott D. Opsal	Vice president	1 Nov 2003	Other	4346465
John Clifford Gamble	Vice president	1 Jan 2005	Other	4937048
Paul A. Lefurgey	Vice president	1 Jan 2005	Other	4344465
Jeff Post	Director	1 May 2005	Other	4961911
Marian Margaret Head	Chief compliance officer	1 May 2005	Other	1477955
Marian Margaret Nelson	Chief compliance officer	1 May 2005	Other	1477955
David Paul Marks	President and director	1 Sep 2005	Other	4361034
Michael Steven Daubs	Senior vice president and director	1 Sep 2005	Other	1456917
John William Petchler	Senior vice president	1 Feb 2006	Other	1476031
Mary Hoffmann	Assistant secretary/assistant treasurer	1 Sep 2006	Other	4514215
John William Petchler	Vice president	1 Sep 2006	Other	1476031
Christine Mary Anderson	Director and treasurer	1 Sep 2006	Other	4752128
Thomas Joseph Merfeld	Director	1 Sep 2006	Other	4342308
Faye Anne Patzner	Director and secretary	1 Sep 2006	Other	4132757
Tracy Kay Lien	Assistant secretary	1 Sep 2006	Other	3277523
James Harold Metz	Vice president	1 Feb 2007	Other	4502642
Mary Hoffmann	Director and treasurer and assistant secretary	1 Aug 2007	Other	4514215
Cuna Mutual Insurance Society	50% owner	1 Jan 2008	50% - 75%	42-0388260
Mary Hoffmann	Treasurer and assistant secretary	1 May 2008	Other	4514215
Cuna Mutual Investment Corporation	100% owner	1 Jun 2008	75% - 100%	39-1172351
Mary Hoffmann	Treasurer and secretary	1 Aug 2008	Other	4514215
Scott Ray Powell	Vice president	1 Aug 2008	Other	2233137
Thomas Joseph Merfeld	Vice president	1 Aug 2008	Other	4342308
Kurt Yuan Jinn Lin	Vice president	1 Aug 2008	Other	1795434
Timothy Sullivan Halevan	Chief compliance officer	1 Jan 2009	Other	2288721
Mary Hoffmann	Treasurer	1 Mar 2010	Other	4514215
Kerry Anne Jung	Lead attorney and secretary	1 Mar 2010	Other	4267704
Carolyn Anne Jahnke	Assistant secretary	1 Mar 2010	Other	5764131
Robyn B Pagnucci	Treasurer	1 Feb 2011	Other	5902148
Stephen Wayne Koslow	Director	1 May 2011	Other	2568174
Andrew J Michie	Director	1 May 2011	Other	5933376
Steven R Suleski	Secretary	1 Oct 2011	Other	4360636
Thomas Joseph Merfeld	Senior vice president	1 Feb 2012	Other	4342308
Kurt Yuan Jinn Lin	Vice president, managing director - investments	1 Feb 2012	Other	1795434
Thomas James Webber	Vice president, managing director - investments	1 Feb 2012	Other	6041307
Amy M Cameron	Vice president, managing director-investments	1 Feb 2012	Other	6043529
Thomas C Jensen	Vice president, managing director - investments	1 Feb 2012	Other	6043542
Stuart Michael Rossmiller	Vice president, managing director - investment research	1 Feb 2012	Other	2783964
Allen Randolph Cantrell	Vice president, managing director - investments	1 Feb 2012	Other	4353516
John William Petchler	Vice president managing director-investments	1 Mar 2012	Other	1476031
Scott Ray Powell	Senior vice president, sr. managing director-public investments	1 Apr 2012	Other	2233137
John Reed Fields	Senior vice president, senior managing director-private investments	1 Apr 2012	Other	1720896
Jason Alan Pisarik	Director	1 Dec 2012	Other	6147437
Brian J Borakove	Treasurer	1 Dec 2012	Other	6147438
Christopher Copeland	Director	1 Jan 2015	Other	6437117
David Gilbert Brown	President and director	1 Nov 2015	Other	5893878
Paul Joseph Chong	Senior vice president	1 Jun 2016	Other	2084503
Anne Marie Finucane	Vice president - managing director - investments	1 Jun 2016	Other	1920758
Benjamin T Wydick	Vice president - market risk	1 Jun 2016	Other	6770237
Benjamin T Wydick	Director	1 Aug 2017	Other	6770237
John Monroe Landers	Chief compliance officer	1 Aug 2018	Other	6494292

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Cuna Mutual Insurance Society	100% owner cmic	1 Mar 2007	75% - 100%	39-0230590
Cmfg Life Insurance Company	100% owner of cmic	1 Jan 2008	75% - 100%	42-0388260

Based in Madison

The principal office where Members Capital Advisors, Inc. performs its advisory services is located at 5910 Mineral Point Rd, Madison, WI 53705, 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 319-483-3241. The normal business hours are 8:00 am to 5:00 pm ct on Monday - Friday. You can find more information about the New York firm at cunamutual.com/mca.