Ryan Financial Advisors Inc (Andover)


Ryan Financial Advisors Inc is a large advisory firm based in Andover. It manages $191.45 million of regulatory assets for 359 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 3 other states.

Ryan Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ryan Financial Advisors: assets under management

The assets under management (AUM) of Ryan Financial Advisors Inc is $191.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $191.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $533.28 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ryan Financial Advisors Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ryan Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ryan Financial Advisors is high net worth individuals with 57 clients and $90.56 million of assets under management. Among the 10 most similar advisory firms, Ryan Financial Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $185.21 million for 337 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.

Ryan Financial Advisors doesn't advise any private funds.

Careers at Ryan Financial Advisors Inc

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
William Thomas Ryan President, chief compliance officer 1 Sep 1990 50% - 75% 408356
Linda Kent Ryan Executive vice president 1 Sep 1990 25% - 50% 2265241
Tara Colleen Mcdermott Vice president 1 Sep 2000 Other 2957949
Tara Colleen Ryan Vice president 1 Sep 2000 Other 2957949
William Kent Ryan Vice president 1 Jan 2001 Other 4291250
Heather Ryan Girolamo Vice president 1 Apr 2003 Other 4663317

Based in Andover

The principal office where Ryan Financial Advisors Inc performs its advisory services is located at 89 Main Street, Andover, MA 01810, which is also the mailing address of the firm. An additional office of the firm is in Salem, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 978-475-1500 or by fax 978-475-6699. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at ryanfinancial.com.