Post Resch Tallon Group, Inc. (Pittsford)

Name: Post Resch Tallon Group, Inc.
Address: 1163 Pittsford Victor Road, Pittsford, NY, 14534
Telephone: 585-249-1030

Post Resch Tallon Group, Inc. is a large advisory firm based in Pittsford. It manages $110 million of regulatory assets for 206 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, New York, and Texas.

Post Resch Tallon Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Post Resch Tallon Group: assets under management

The assets under management (AUM) of Post Resch Tallon Group, Inc. is $110 million. The firm's AUM has grown by 111% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100 million in discretionary accounts and $10 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $495.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.5 million.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Post Resch Tallon Group, 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 David Patrick Resch serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of David Patrick Resch is high net worth individuals with 102 clients and $70 million of assets under management. Among the 7 most similar advisory firms, Post Resch Tallon Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110 million for 206 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.

Post Resch Tallon Group doesn't advise any private funds.

Careers at Post Resch Tallon Group, Inc.

The company employs 9 people that are either part- or full-time employees. 44 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.

David Patrick Resch has been acting as President since 1 Nov 2004. John Asa Post joined the executive team most recently as the Vice President/Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Asa Post	Vice president/secretary	1 Nov 2004	25% - 50%	1130205
David Patrick Resch	President	1 Nov 2004	25% - 50%	836946
Kerry Patrick Tallon	Chief compliance officer/treasurer	1 Nov 2004	Other	2771471

Based in Pittsford

The principal office where Post Resch Tallon Group, Inc. performs its advisory services is located at 1163 Pittsford Victor Road, Pittsford, NY 14534, 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 585-249-1030 or by fax 585-249-1037. The normal business hours are 8:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at postreschtallon.com.