Beyer & Rock Advisory Group, LLC (Davenport)

Beyer & Rock Advisory Group, LLC is a large advisory firm based in Davenport. It manages $110 million of regulatory assets for 370 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Illinois, Iowa, Texas, and Wisconsin.

Beyer & Rock Advisory Group 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.

Beyer & Rock Advisory Group: assets under management

The assets under management (AUM) of Beyer & Rock Advisory Group, LLC is $110 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 35% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Beyer & Rock Advisory Group, LLC 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.

What kind of clients Beyer & Rock Advisory Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Beyer & Rock Advisory Group is high net worth individuals with 45 clients and $80 million of assets under management. Among the 12 most similar advisory firms, Beyer & Rock Advisory Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110 million for 145 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.

Beyer & Rock Advisory Group doesn't advise any private funds.

Careers at Beyer & Rock Advisory Group, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Based in Davenport

The principal office where Beyer & Rock Advisory Group, LLC performs its advisory services is located at 2322 E. Kimberly Road,, Davenport, IA 52807, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-682-3937 or by fax 563-355-7640. The normal business hours are 8:00am - 4:30pm on Monday - Friday.