Ris Inc (Grosse Pointe Shores)

Ris Inc is a large advisory firm based in Grosse Pointe Shores. It manages $30.14 million of regulatory assets for 64 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Michigan.

Ris provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ris: assets under management

The assets under management (AUM) of Ris Inc is $30.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $470.88 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ris Inc 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.

Careers at Ris Inc

Robert Irwin Sattler has been acting as President since 1 Sep 1991. Vicki Lynn Sharff joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Irwin Sattler	President	1 Sep 1991	75% - 100%	4354561
Vicki Lynn Sharff	Chief compliance officer	1 Jan 2005	Other	5038332

Based in Grosse Pointe Shores

The principal office where Ris Inc performs its advisory services is located at 53 Oxford Road, Grosse Pointe Shores, MI 48236, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.