Retirement Funding Advisors Inc. (Troy)


Retirement Funding Advisors Inc. is a large advisory firm based in Troy. It manages $504.96 million of regulatory assets for 108 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Michigan, and Texas.

Retirement Funding Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Retirement Funding Advisors: assets under management

The assets under management (AUM) of Retirement Funding Advisors Inc. is $504.96 million. The firm's AUM has grown by 270% since the beginning of its operation, and $581.05 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $115.96 million in discretionary accounts and $389.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.96 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.64 million.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Retirement Funding Advisors 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 Retirement Funding Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Retirement Funding Advisors is pension and profit sharing plans with 9 clients and $248.42 million of assets under management. Among the 3 most similar advisory firms, Retirement Funding Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $440.87 million for 101 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Retirement Funding Advisors doesn't advise any private funds.

Careers at Retirement Funding Advisors Inc.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Donald Ian Gregg President,chief compliance officer, chief investment officer 1 Feb 1995 75% - 100% 229391

Based in Troy

The principal office where Retirement Funding Advisors Inc. performs its advisory services is located at 3155 W. Big Beaver Road,, Troy, MI 48084 3006, 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 248-430-7012 or by fax 248-438-8382. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at retirementfundingadvisors.com.