The Rikoon Group, LLC is a large advisory firm based in Santa Fe. It manages $501.47 million of regulatory assets for 1,011 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Colorado, Delaware, and 8 other states.
The Rikoon Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, educational seminars and workshops, and consultation services/family meetings. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Rikoon Group, LLC is $501.47 million. The firm's AUM has grown by 20% since the beginning of its operation, and $806.68 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The Rikoon Group, LLC 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.
The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of The Rikoon Group is high net worth individuals with 313 clients and $491.71 million of assets under management. Among the 7 most similar advisory firms, The Rikoon Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $501.47 million for 343 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
The Rikoon Group doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where The Rikoon Group, LLC performs its advisory services is located at 2218 Old Arroyo Chamiso, Santa Fe, NM 87505, 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 505-989-3581 or by fax 505-983-8086. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at rikoongroup.com.