Overview
Schear Investment Advisers, LLC provides investment services to individuals,
high net worth individuals, business entities such as Corporations and
Partnerships, pension and profit-sharing plans, trusts, estates and charitable
organizations for a fee, discussed in Item 5. The firm was started in January,
2008 by Neal Schear and Kerina Graves. Neal Schear is a principal owner
owning 25% or more in the firm. Kerina Graves is also a partner in the firm
owning 25%.
Schear Investment Advisers, LLC manages investment accounts, furnishes
advice about securities. Investment advice is tailored to the individual client's
needs based on various criteria discussed with the client and deemed
appropriate for the individual's situation. Clients are always encouraged to
take an active role in the management of their investments.
Schear Investment Advisers, LLC does not maintain custody of the assets. All
assets are held at Charles Schwab in the client's name. The firm has the
authority to place trades in these accounts, request disbursements such as
required minimum distributions for IRAs, and to deduct investment advisory
fees from the accounts based on authority given to the firm by the client.
As of December 31, 2023, Schear Investment Advisers, LLC manages
$139,479,985.00 on a discretionary basis. This amount does not include the
assets of partners of the company or their families.
The principal owner, Neal E. Schear, also manages $7,347,463 as of 12/31/23
in securities that are owned by a partnership which operates as a "hedge fund".
This partnership, Schear Investment Partners, L.P., operates separately from the
advisory business.