Associated Investment Services, Inc.
- Regulatory AUM
- $1.2B
- Discretionary
- $0
- Clients
- 3,852
- Avg AUM / client
- $304K
- Accounts
- 5,422
- Employees
- 60
AUM over time
Annual snapshots from Form ADV filings · as of Apr 06, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 3,264 | $712M | 60.9% |
| High net worth individuals | 577 | $453M | 38.7% |
| Charitable organizations | 5 | $1.7M | 0.15% |
| State or municipal government entities | Fewer than 5 clients | $1.8M | 0.15% |
| Corporations and other businesses | 6 | $1.5M | 0.13% |
People (52)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cravillion, Beth Ann | Director Of Support Services | Dec 2004 (22y) | Less than 5% | |
| Stein, David Lewis | Director, Board Of Directors | Jan 2011 (16y) | Less than 5% | |
| Michael David Kuipers | Director, President & Ceo | Jul 2015 (11y) | Less than 5% | |
| Pecora, Anthony, Philip | Chief Compliance Officer | Oct 2015 (11y) | Less than 5% | |
| Michael Robert Hochholzer | Director, Board Of Directors | CFA | Jul 2021 (5y) | Less than 5% |
| Thayer, John Parker | Chairman, Board Of Directors | Jul 2021 (5y) | Less than 5% | |
| Deloye, Dennis Michael | Director, Board Of Directors | May 2022 (4y) | Less than 5% | |
| Arnold, Andrew James | Director, Treasurer | May 2023 (3y) | Less than 5% | |
| Keller, Jacob Jeffery | Principal, Financial Reporting | May 2023 (3y) | Less than 5% | |
| Hladio, Jayne Clara | Director, Board Of Directors | Feb 2024 (3y) | Less than 5% | |
| Zandpour, Steven Sia | Director, Board Of Directors | Aug 2024 (2y) | Less than 5% | |
| Daniel Felix Shvartsman | Registered representative | May 2006 (20y) | ||
| Carl Steven Sellen | Registered representative | CFP | Aug 2006 (20y) | |
| Michael George Nickel | Registered representative | Aug 2007 (19y) | ||
| Nimrod Peretz Gauss Samet | Registered representative | Nov 2007 (19y) | ||
| Brendan K Reid | Registered representative | Apr 2008 (18y) | ||
| Peter James Engstrom | Registered representative | CFP | Jul 2008 (18y) | |
| Adam Lee Dalke | Registered representative | CFP | Dec 2009 (17y) | |
| Jessica Lee Liska | Registered representative | May 2010 (16y) | ||
| Wendi A Lucarelli | Registered representative | Nov 2010 (16y) | ||
| Douglas Alden Halverson | Registered representative | Apr 2011 (15y) | ||
| Nikifor Ivanov Minkov | Registered representative | Aug 2012 (14y) | ||
| Dennis Franklin Webb | Registered representative | Sep 2012 (14y) | ||
| Jeffrey A Edwards | Registered representative | CFP | Sep 2013 (13y) | |
| Daniel John Fax | Registered representative | May 2014 (12y) | ||
| Keith Alan Johnson | Registered representative | Feb 2017 (9y) | ||
| Bradley Wayne Hansen | Registered representative | Feb 2017 (9y) | ||
| Erin Leigh Haugh | Registered representative | Feb 2017 (9y) | ||
| Jo Anna Pauline Guinn | Registered representative | May 2017 (9y) | ||
| Kevin Wayne Koback | Registered representative | May 2017 (9y) | ||
| Chad Allen Stafko | Registered representative | CFP | Aug 2017 (9y) | |
| James John Czubek | Registered representative | Jun 2019 (7y) | ||
| Jacob Jeffrey Rabas | Registered representative | CFP Chartered Financial Consultant | Mar 2021 (5y) | |
| Scott Matthew Biertzer | Registered representative | Jul 2021 (5y) | ||
| Loren Jon Piotrowski | Registered representative | Oct 2021 (5y) | ||
| Drew Redard | Registered representative | Jan 2022 (5y) | ||
| Marissa Ann Evers | Registered representative | Oct 2022 (4y) | ||
| Daily Katherine Erickson | Registered representative | Feb 2023 (3y) | ||
| Steven Joseph Schoeder | Registered representative | Chartered Financial Consultant | Mar 2023 (3y) | |
| Robert Dwane Pencil | Registered representative | CFP | Jun 2023 (3y) | |
| Jesus Elmer Moreno Adame | Registered representative | Aug 2023 (3y) | ||
| Anthony John Gruba | Registered representative | Sep 2023 (3y) | ||
| Emily Elizabeth Schiltz | Registered representative | CFP | Mar 2024 (2y) | |
| Heath William Sorenson | Registered representative | CFP | Mar 2025 (1y) | |
| Michelle Arnst Slawny | Registered representative | CFP | Mar 2025 (1y) | |
| Tyler Dean Sass | Registered representative | Chartered Financial Consultant | May 2025 (1y) | |
| John Alfred Mathison | Registered representative | Jul 2025 (1y) | ||
| Tanner Samuel Russo | Registered representative | Oct 2025 (1y) | ||
| Nicklas Schaffer | Registered representative | Jan 2026 (1y) | ||
| Craig Everett Keisling | Registered representative | Mar 2026 (0y) | ||
| Kenneth Edward Lachance | Registered representative | Jun 2026 (0y) | ||
| Gracia Ann Cavanaugh | Registered representative | CFP | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Associated Trust Company, N.A. | Sole Shareholder | May 2016 | A | 75% or more |
| Associated Bank, N.A. | Sole Shareholder | May 2016 | B | ≈ 56.25% – 100% via Associated Trust Company, N.A. |
| Associated Banc Corp | Sole Shareholder | Jan 1995 | B | ≈ 42.19% – 100% via Associated Bank, N.A. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Associated Bank, N.A.: 75% – 100% of Associated Trust Company, N.A. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Associated Banc Corp: 75% – 100% of Associated Bank, N.A. × 75% – 100% of Associated Trust Company, N.A. × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/06/2026 | 1.31 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IN JULY 1998 A REPRESENTATIVE OF THE FIRM VIOLATED REG. T AND NASD RULE 2110 (PURCHASES, THEN SALES WITHOUT PAYMENT IN FULL). THE FIRM, THROUGH APPLICANT, FAILED TO ESTABLISH AND MAINTAIN SUPERVISORY PROCEDURES, OR OTHERWISE TAKE STEPS, REASONABLY DESIGNED TO PREVENT THE VIOLATIONS, CONTRARY TO NASD CONDUCT RULES 2110 AND 2520(F)(9). Status: Final Sanction Detail: THE FINE WAS $2,500 AND PAID ON MARCH 2, 2001. Summary: ON FEBRUARY 12, 2001, A LETTER OF ACCEPTANCE, WAIVER A CONSENT ("AWC") WAS FINALIZED. THE APPLICANT AGREED TO A FINE OF $2,500 AND CENSURE.
Allegations: ALLEGED VIOLATIONS OF SECTIONS 1.08 AND 1.04 OF THE RULES OF THE COMMISSIONER OF SECURITIES, PERTAINING TO THE SALE OF UNREGISTERED SECURITIES OF NEWBAR TELEVONICS, INC. AND REPRESENTATIONS MADE TO CUSTOMERS IN CONNECTION WITH SUCH TRANSACTIONS. Status: Final Sanction Detail: CITIZENS SECURITIES COMPANY, PREDECESSOR OF APPLICANT, WAS CENSURED FOR VIOLATION OF WISCONSIN RULES 1.08 AND 1.04 WITH RESPECT TO ITS SOLICITED AGENCY TRANSACTIONS IN THE COMMON STOCK OF NEWBAR TELEVONICS, INC., BETWEEN MAY 9 AND JUNE 21, 1968. FIRM WAS ALSO ORDERED TO REFUND COMMISSIONS TO 89 CUSTOMERS, TOTALING $1,698.24.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- National Financial Services (Fidelity) $1.2B (100% of AUM) Apr 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 06, 2026.
View current Form ADV (SEC/IAPD) ↗