Paul R. Ried Financial Group, LLC is a large advisory firm based in Bellevue. It manages $609.68 million of regulatory assets for 1,746 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 12 other states.
Paul R. Ried Financial Group provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Paul R. Ried Financial Group, LLC is $609.68 million. The firm's AUM has grown by 0% since the beginning of its operation, and $66.47 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Paul R. Ried Financial Group, LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Paul Richard Ried is high net worth individuals with 309 clients and $392.04 million of assets under management. Among the 9 most similar advisory firms, Paul R. Ried Financial Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $606.33 million for 913 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.
Paul R. Ried Financial Group doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 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.
Paul Richard Ried has been acting as President since 1 Jul 1986. Adam Jordan joined the executive team most recently as the Cco.
The principal office where Paul R. Ried Financial Group, LLC performs its advisory services is located at 10801 Main Street, Bellevue, WA 98004 6366, 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 425-646-6777 or by fax 425-451-2453. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at paulried.com/.