Cozad Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Cozad Asset Management reports 2,178 clients. They include 1,181 individual clients, 935 high-net-worth individuals and 29 charitable organizations. Of its assets, 97.2% ($2.55B across 3,798 accounts) are managed with discretion; $73.5M across 26 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 20% |
| High-net-worth individuals | 43% | 74% |
| Pension and profit-sharing plans | <1% | 2% |
| Charitable organizations | 1% | 3% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,181 | $512M | 19.5% | $433K |
| High-net-worth individuals | 935 | $1.95B | 74.4% | $2.09M |
| Pension and profit-sharing plans | 12 | $41.3M | 1.6% | $3.44M |
| Charitable organizations | 29 | $69.7M | 2.7% | $2.4M |
| Corporations and other businesses | 21 | $49.1M | 1.9% | $2.34M |
| Total | 2,178 | $2.62B | 100% | $1.2M |
- Clients
- 1,181
- Regulatory AUM
- $512M
- AUM share
- 19.5%
- Avg. per client
- $433K
- Clients
- 935
- Regulatory AUM
- $1.95B
- AUM share
- 74.4%
- Avg. per client
- $2.09M
- Clients
- 12
- Regulatory AUM
- $41.3M
- AUM share
- 1.6%
- Avg. per client
- $3.44M
- Clients
- 29
- Regulatory AUM
- $69.7M
- AUM share
- 2.7%
- Avg. per client
- $2.4M
- Clients
- 21
- Regulatory AUM
- $49.1M
- AUM share
- 1.9%
- Avg. per client
- $2.34M
Total
- Clients
- 2,178
- Regulatory AUM
- $2.62B
- AUM share
- 100%
- Avg. per client
- $1.2M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Cozad Asset Management charges up to 1.70% a year for its Continuous asset management services. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Bookkeeping
- Bookkeeping is generally charged by the hour, depending on the work performed and the skill level of the person doing it.
- Financial and estate plan
- The comprehensive financial and estate plan is priced on estimated time, generally $75 to $2,500 or more, payable on delivery.
- Tax preparation
- Tax preparation is priced on estimated time and expenses, generally $100 to $10,000 or more, billed in arrears.
Brett Anderson is CEO; the leadership team includes President Dae-Woung Kang, Chief Operating Officer Braden Anderson and Chief Compliance Officer Stephen Kiddoo. It has 29 employees, 20 of them in advisory roles.
Leadership
- Brett AndersonCo-Chief Executive Officer, Chief Investment Officer, Director
- Dae-Woung KangCo-Chief Executive Officer, President, Director
- Kaitlin BuerkettExecutive Vice President, Director
- Anne StorsvedExecutive Vice President, Director of Tax Department, & Director
- Braden AndersonChief Operating Officer, Chief Financial Officer, Secretary & Treasurer
- Stephen KiddooChief Compliance Officer
- Gregory CozadChairman of the Board, Director
- Ronald KiddooDirector
- Mary McGrathDirector
- Stuart MeachamDirector
- B. WhiteDirector
- Cynthia NorrisShareholder
- Johnston NorrisShareholder
Investment adviser representatives
20 representatives listed in the SEC register as of 9 October 2026.
- Brett Anderson
- Kaitlin Anne Buerkett
- William James Buerkett
- Donald Ralph Casper
- Gregory Dale Cozad
- Jack Stewart Earley
- John Bryant Evans
- Regan Ann Frazier
- Steven J Gardner
- Raymond Lee Heinrich
- Dae-Woung Kang
- Ronald Lane Kiddoo
- Stephen Craig Kiddoo
- Mary Frances McGrath
- Stuart Thomas Meacham
- Trenton S. Meacham
- Adrienne Lynne Olson
- Brent William Schluter
- Peggy Johnson Schluter
- Anne Joelle Storsved
Staff
- 29 employees
- 20 in advisory functions
- 20 state-registered reps
- 11 insurance agents
- 1 soliciting firm
- Owns 5% to 10% of Cozad Asset Management Inc
Ronald Kiddoo
Control person · since January 1982
- Owns 5% to 10% of Cozad Asset Management Inc
Gregory Cozad
Control person · since November 1993
- Owns 5% to 10% of Cozad Asset Management Inc
Stuart Meacham
Control person · since October 1982
- Owns 5% to 10% of Cozad Asset Management Inc
Mary McGrath
Control person · since May 2000
- Owns 5% to 10% of Cozad Asset Management Inc
Cynthia Norris
since August 1994
- Owns 5% to 10% of Cozad Asset Management Inc
Johnston Norris
since January 1992
- Owns 5% to 10% of Cozad Asset Management Inc
Laura P Shapland Discretionary Trust
since October 2025
- Owns 5% to 10% of Cozad Asset Management Inc
Laura P Shapland
since October 2025
- Owns 5% to 10% of Cozad Asset Management Inc
Charles H Shapland Discretionary Trust
since October 2025
- Owns 5% to 10% of Cozad Asset Management Inc
Charles H Shapland
since October 2025
- Owns 5% to 10% of Cozad Asset Management Inc
John Mark Shapland Discretionary Trust
since October 2025
- Owns 5% to 10% of Cozad Asset Management Inc
John Mark Shapland
since October 2025
Cozad Asset Management’s regulatory assets grew 1.6× from $1.61B (July 2021) to $2.62B (March 2026); clients rose from 1,327 to 2,178 and employees from 21 to 29.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.62B | 2,178 | 29 | 1 |
| May 2025 | $2.24B | 2,015 | 29 | 1 |
| March 2024 | $1.92B | 1,926 | 25 | 1 |
| June 2023 | $1.64B | 1,795 | 25 | 1 |
| July 2022 | $1.89B | 1,652 | 21 | 1 |
| July 2021 | $1.61B | 1,327 | 21 | 1 |
Besides its headquarters, Cozad Asset Management has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 2501 Galen Drive, ChampaignHQ
Contact and registration details
- Legal name
- Cozad Asset Management Inc
- Headquarters
- 2501 Galen Drive, Champaign, IL 61821-7005
- Website
- cozadasset.com
- Phone
- 217-356-8363
- @3908811
- SEC file
- 801-18060
- Founded
- 1972
- Structure
- Illinois corporation
- Fiscal year end
- December
Cozad Asset Management uses Pershing ($2.49B) as custodian for its separately managed accounts. Cozad Asset Management has custody of $1.06M in client assets for 11 clients.
- PershingPershing LLC · Jersey City, NJ · $2.49B100%
At year end, Cozad Asset Management’s separately managed accounts were largely in stocks (47%) and funds (43%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.55B across 453 positions; the largest are Micron Technology, Inc.. (3.2%), Vanguard Total Stock Market ETF (2.9%) and Apple Inc.. (2.8%).
What the accounts hold
- Stocks47%
- Funds43%
- Bonds4%
- State and local bonds3%
- U.S. government and agency bonds1%
- Cash6%
Reported 13F holdings
- $1.55B
- Reported 13F value
- 453
- Positions
- 24.4%
- In the 10 largest
- +21.6%
- Value vs. prior quarter
- Micron Technology, Inc..3.2%
- Vanguard Total Stock Market ETF2.9%
- Apple Inc..2.8%
- Flextronics Internat'l. Ltd.2.8%
- Lam Research Corp..2.7%
- Taiwan Semiconductor Mfg. Co. Ltd.2.2%
- Nvidia Corp..2.1%
- Alphabet Inc.., Cl. A2.1%
- Broadcom Inc..1.8%
- Lilly (eli)1.8%
Together, the ten largest are 24.4% of reported value.
How many clients does Cozad Asset Management have?
Cozad Asset Management has 2,178 clients and manages $2.62 billion for them, as of March 2026. They include 1,181 individual clients, 935 high-net-worth individuals and 29 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Cozad Asset Management offer?
Cozad Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Cozad Asset Management charge?
Cozad Asset Management charges up to 1.70% a year for its Continuous asset management services. The fee is billed in arrears and is negotiable.
Source: COZAD ASSET MANAGEMENT ADV PART 2A BROCHURE, filed 27 March 2026
Which custodians does Cozad Asset Management use?
Cozad Asset Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $2.49B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Cozad Asset Management have?
Cozad Asset Management has 20 investment adviser representatives registered with state securities authorities, out of 29 employees, and 20 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 11 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cozad Asset Management invest in?
At the end of its last fiscal year, Cozad Asset Management’s separately managed accounts held 47% exchange-traded equities, 43% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 3% state and local bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cozad Asset Management?
Cozad Asset Management’s direct owners are Ronald Kiddoo, Gregory Cozad, Stuart Meacham, Mary McGrath, Cynthia Norris, Johnston Norris, Laura P Shapland Discretionary Trust, Laura P Shapland, Charles H Shapland Discretionary Trust, Charles H Shapland, John Mark Shapland Discretionary Trust and John Mark Shapland, each holding 10% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Cozad Asset Management get paid?
Cozad Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Cozad Asset Management?
Cozad Asset Management’s main office is at 2501 Galen Drive, Champaign, IL 61821-7005. Its phone number is 217-356-8363. Its website is cozadasset.com.