Rappaport Reiches Capital Management, LLC (Skokie)

Name: Rappaport Reiches Capital Management, LLC
Address: 5202 Old Orchard Road, Skokie, IL, 60077
Telephone: 847-832-0030

Rappaport Reiches Capital Management, LLC is a large advisory firm based in Skokie. It manages $463.96 million of regulatory assets for 1,015 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Illinois, New York, and Texas.

Rappaport Reiches Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rappaport Reiches Capital Management: assets under management

The assets under management (AUM) of Rappaport Reiches Capital Management, LLC is $463.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 866% since the beginning of its operation, and $748.28 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $463.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $457.1 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 83% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rappaport Reiches Capital Management, 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 Rappaport Reiches Capital Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Rappaport Reiches Capital Management is high net worth individuals with 155 clients and $414.07 million of assets under management. Among the 11 most similar advisory firms, Rappaport Reiches Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $463.96 million for 264 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.

Rappaport Reiches Capital Management doesn't advise any private funds.

Careers at Rappaport Reiches Capital Management, LLC

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Michael Rappaport	Manager & member	1 Sep 2005	25% - 50%	2094859
Shari Lynn Reiches	Manager	1 Sep 2005	Other	2823875
Shari L. Reiches Investment Trust	Member	1 Sep 2005	50% - 75%	33-3565633
Stephen Marc Reiches	Principal & chief compliance officer	1 Apr 2006	Other	5130604
David M. Rappaport Investment Trust	Member	1 May 2006	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Michael Rappaport	Trustee	1 May 2006	50% - 75%	2094859

Based in Skokie

The principal office where Rappaport Reiches Capital Management, LLC performs its advisory services is located at 5202 Old Orchard Road, Skokie, IL 60077, 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 847-832-0030 or by fax 847-832-0033. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at rrcapital.com.