P. J. Roland, Ltd. (Harleysville)

Name: P. J. Roland, Ltd.
Address: 484 Harleysville Pike, Harleysville, PA, 19438
Telephone: 215-723-4881

P. J. Roland, Ltd. is a large advisory firm based in Harleysville. It manages $175.23 million of regulatory assets for 1,043 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Delaware, Florida, New Jersey, and 4 other states.

P. J. Roland provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

P. J. Roland: assets under management

The assets under management (AUM) of P. J. Roland, Ltd. is $175.23 million. The firm's AUM has grown by 468% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $144.83 million in discretionary accounts and $30.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.34 million.

P. J. Roland has custody of $5.25 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 77% 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 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay P. J. Roland, Ltd. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Peter James Roland serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Peter James Roland is individuals with 518 clients and $85.72 million of assets under management. Among the 5 most similar advisory firms, P. J. Roland has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $175.23 million for 567 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.

P. J. Roland doesn't advise any private funds.

Careers at P. J. Roland, Ltd.

The company employs 10 people that are either part- or full-time employees. 60 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter James Roland has been acting as President since 1 Jan 1989. Roger Small joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter James Roland	President	1 Jan 1989	75% - 100%	1726474
Roger Small	Chief compliance officer	1 Oct 2004	Other	2678611

Based in Harleysville

The principal office where P. J. Roland, Ltd. performs its advisory services is located at 484 Harleysville Pike, Harleysville, PA 19438 The mailing address of the firm is Post Office Box 228, Harleysville, PA 19438. An additional office of the firm is in Lancaster, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-723-4881 or by fax 215-723-4883. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at canoncapital.com and its LinkedIn profile.