The Rice Partnership, LLC is a large advisory firm based in Honolulu. It manages $278.87 million of regulatory assets for 380 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Hawaii, and Washington.
The Rice Partnership provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and adminstrative services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Rice Partnership, LLC is $278.87 million. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Rice Partnership, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of The Rice Partnership is high net worth individuals with 105 clients and $248.39 million of assets under management. Among the 11 most similar advisory firms, The Rice Partnership has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $250.54 million for 116 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.
The Rice Partnership doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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.
Orest Victor Saikevych has served as the Chief Investment Officer since 1 Aug 2013. Bonnie Flower Rice joined the executive team most recently as the Member/Chief Compliance Officer.
The principal office where The Rice Partnership, LLC performs its advisory services is located at 1099 Alakea Street, Honolulu, HI 96813, which is also the mailing address of the firm. An additional office of the firm is in Kahului, Maui, HI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 808-585-7788 or by fax 808-585-7784. The normal business hours are 6am to 4pm on Monday - Friday. You can find more information about the New York firm at thericepartnership.com.