Roth Asset Management, Inc. (Bainbridge Island)


Roth Asset Management, Inc. is a pension cosultant based in Bainbridge Island. It manages $75.17 million of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Oregon and Washington.

Roth Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Roth Asset Management: assets under management

The assets under management (AUM) of Roth Asset Management, Inc. is $75.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $75.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.59 million each.
Roth Asset Management has custody of $18.23 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 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in state and local bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Roth Asset Management, 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 Roth Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Roth Asset Management is high net worth individuals with 18 clients and $54.71 million of assets under management. Among the 2 most similar advisory firms, Roth Asset Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $58.59 million for 26 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.

Roth Asset Management doesn't advise any private funds.

Careers at Roth Asset Management, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Steven Bernard Roth Chief compliance officer and president 1 Aug 2003 75% - 100% 1080110

Based in Bainbridge Island

The principal office where Roth Asset Management, Inc. performs its advisory services is located at 10249 Rodal Ct Ne, Bainbridge Island, WA 98110, 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 206-780-5550. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at rothasset.com.