Rs Petrell & Associates, LLC (Dewitt)

Name: Rs Petrell & Associates, LLC
Address: 5784 Widewaters Parkway, Dewitt, NY, 13214
Telephone: 315-218-7350

Rs Petrell & Associates, LLC is a large advisory firm based in Dewitt. It manages $105.78 million of regulatory assets for 421 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida and New York.

Rs Petrell & Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rs Petrell & Associates: assets under management

The assets under management (AUM) of Rs Petrell & Associates, LLC is $105.78 million. The firm's AUM has grown by 155% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is state and local bonds, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rs Petrell & Associates, 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 Rs Petrell & Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rs Petrell & Associates is high net worth individuals with 36 clients and $72.1 million of assets under management. Among the 10 most similar advisory firms, Rs Petrell & Associates has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.78 million for 192 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.

Rs Petrell & Associates doesn't advise any private funds.

Careers at Rs Petrell & Associates, LLC

The company employs 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marybeth Petrell	Managing member/chief compliance officer	1 Jan 2008	75% - 100%	1790420

Based in Dewitt

The principal office where Rs Petrell & Associates, LLC performs its advisory services is located at 5784 Widewaters Parkway, Dewitt, NY 13214, 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 315-218-7350 or by fax 315-218-7348. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at strategicwealthadvisors.net.