Risk Paradigm Group, LLC (Burlington)

Name: Risk Paradigm Group, LLC
Address: 25 Burlington Mall Road, Burlington, MA, 01803
Telephone: (866) 726-5150

Risk Paradigm Group, LLC is a related adviser based in Burlington. It manages $69.16 million of regulatory assets for 440 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Florida, Massachusetts, Michigan, and Texas.

Risk Paradigm Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Risk Paradigm Group: assets under management

The assets under management (AUM) of Risk Paradigm Group, LLC is $69.16 million. The firm's AUM has grown by 1876% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $49.31 million in discretionary accounts and $19.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.85 million.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is investment and business development companies, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Risk Paradigm Group, 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 Risk Paradigm Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Risk Paradigm Group is high net worth individuals with 7 clients and $43.2 million of assets under management. Among the 3 most similar advisory firms, Risk Paradigm Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $49.31 million for 27 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.

Risk Paradigm Group doesn't advise any private funds.

Careers at Risk Paradigm Group, LLC

The company employs 8 people that are either part- or full-time employees. 50 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 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
Christopher Stephen Jensen	Chief operating officer and chief compliance officer	1 Oct 2010	Other	5870541
Mark Boyd Reinking	Manager	1 Oct 2010	25% - 50%	1602957
Jason Allen Mcginty	Manager	1 Oct 2010	25% - 50%	4499263
Llc Iknetics Capital Partners	Member	1 Oct 2010	50% - 75%	26-2854923
Llc Risk Paradigm Group Holdings	45-2703234	1 Sep 2011	75% - 100%	45-2703234
Robert Duff Mccauley	Chief financial officer	1 Apr 2013	Other	6241700
Mariann Dube	Chief administrative officer	1 Apr 2013	Other	2707770
Brandon L Lamb	Chief compliance officer	1 Mar 2015	Other	2778236
Brandon Leigh Lamb	Chief compliance officer	1 Mar 2015	Other	2778236

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Stephen Jensen	Member	1 Jun 2008	50% - 75%	5870541
David Michael Gatti	Member	1 Jun 2008	50% - 75%	2415422
Christopher Stephen Jensen	Chief operating officer and managing member	1 Sep 2011	Other	5870541
David Michael Gatti	Chief executive officer and member	1 Sep 2011	50% - 75%	2415422
Mark Boyd Reinking	Partner	1 Sep 2011	Other	1602957
Adam B Reinking	Partner	1 Sep 2011	Other	5441139
Hugh Patrick Maginnis	Partner	1 Sep 2011	Other	2971733
Jason Allen Mcginty	Partner	1 Sep 2011	Other	4499263
Samuel Mcmanus Kiefer	Partner	1 Feb 2012	Other	2833958

Based in Burlington

The principal office where Risk Paradigm Group, LLC performs its advisory services is located at 25 Burlington Mall Road, Burlington, MA 01803, which is also the mailing address of the firm. An additional office of the firm is in Birmingham, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (866) 726-5150 or by fax (781) 273-0333. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at rpgassetmanagement.com and its LinkedIn profile.