Reagan Companies Asset Management, Inc (Marcellus)


Reagan Companies Asset Management, Inc is a large advisory firm based in Marcellus. It manages $435.58 million of regulatory assets for 1,149 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, New York, and South Carolina.

Reagan Companies Asset Management provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Reagan Companies Asset Management: assets under management

The assets under management (AUM) of Reagan Companies Asset Management, Inc is $435.58 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1642% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $435.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $379.09 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reagan Companies Asset Management, Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Richard Paul Reagan serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Richard Paul Reagan is high net worth individuals with 81 clients and $176.17 million of assets under management. Among the 12 most similar advisory firms, Reagan Companies Asset Management has the 6th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $435.58 million for 492 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Reagan Companies Asset Management doesn't advise any private funds.

Careers at Reagan Companies Asset Management, Inc

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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.

Richard Paul Reagan has been acting as President since 1 Jan 2014. Lisa Marie Bardou joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Paul Reagan President 1 Mar 2012 25% - 50% 2391015
James Michael Reagan Treasurer 1 Mar 2012 25% - 50% 1600406
Edward John Reagan Secretary 1 Mar 2012 25% - 50% 6057634
Lisa Marie Valentine Chief compliance officer 1 Mar 2012 Other 3041731
Richard Paul Reagan President/chief compliance officer 1 Jan 2014 75% - 100% 2391015
Lisa Marie Bardou Chief compliance officer 1 Jan 2015 Other 3041731
David Haahr Chief operations officer 1 Jan 2015 Other 4635464

Based in Marcellus

The principal office where Reagan Companies Asset Management, Inc performs its advisory services is located at 8 E Main Street, Marcellus, NY 13108 The mailing address of the firm is Po Box 191, Marcellus, NY 13108. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 315-673-2094 or by fax 315-673-1121. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at reaganinvesting.com.