Rosenbaum Financial, Inc. (Portland)

Name: Rosenbaum Financial, Inc.
Address: 150 Sw Harrison Street, Portland, OR, 97201
Telephone: 503-352-1300

Rosenbaum Financial, Inc. is a large advisory firm based in Portland. It manages $319.44 million of regulatory assets for 286 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Hawaii, Oregon, Texas, and Washington.

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

Rosenbaum Financial: assets under management

The assets under management (AUM) of Rosenbaum Financial, Inc. is $319.44 million. The firm's AUM has grown by 105% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $311.65 million in discretionary accounts and $7.78 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.09 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.78 million.

Rosenbaum Financial has custody of $88.56 million in cash and securities for 10 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 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% 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 Rosenbaum Financial, Inc. 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.

What kind of clients Rosenbaum Financial serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rosenbaum Financial is high net worth individuals with 51 clients and $222 million of assets under management. Among the 9 most similar advisory firms, Rosenbaum Financial has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $244.07 million for 281 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.

Rosenbaum Financial doesn't advise any private funds.

Careers at Rosenbaum Financial, Inc.

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Phillip Rosenbaum	President and shareholder	1 Aug 2002	75% - 100%	2618230
Andrew Daddio	Chief operating officer	1 May 2013	Other	2196049
Lauren Catherine Fiala	Chief compliance officer	1 Nov 2014	Other	5149632
Megan Rose Campbell	Chief compliance officer	1 Jan 2015	Other	4765730
Megan Rose Matthies	Chief compliance officer	1 Jan 2015	Other	4765730
Lauren Catherine Fiala	Chief administrative officer	1 Jun 2015	Other	5149632
Ivan Beau Lion Barretto	Chief compliance officer	1 Sep 2015	Other	6449801
Jana Gay Basden	Vp investments and portfolio management	1 Sep 2016	Other	1291917

Based in Portland

The principal office where Rosenbaum Financial, Inc. performs its advisory services is located at 150 Sw Harrison Street, Portland, OR 97201, 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 503-352-1300 or by fax 503-352-1301. The normal business hours are 7:30 am to 5 pm on Monday - Friday. You can find more information about the New York firm at rosenbaumfinancial.com and its LinkedIn profile.