Transportation Resource Advisors, LLC is a mid-sized advisory firm based in Bloomfield Hills. It manages $74.01 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Michigan and New York.
Transportation Resource Advisors provides portfolio management for pooled investment vehicles. 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 Transportation Resource Advisors, LLC is $74.01 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -72% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Transportation Resource Advisors, LLC for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Transportation Resource Advisors is pooled investment vehicles with 1 clients and $74.01 million of assets under management. Among the 4 most similar advisory firms, Transportation Resource Advisors has the 2nd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $74.01 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Transportation Resource Advisors also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 Transportation Resource Advisors, LLC performs its advisory services is located at 1765 S. Telegraph Road, Bloomfield Hills, MI 48302 The mailing address of the firm is 2555 Telegraph Road, Bloomfield Hills, MI 48304. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 248-648-2358 or by fax 248-648-2105. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at trpfund.com..