Regency Investment Advisors Inc (Fresno)

Name: Regency Investment Advisors Inc
Address: 1312 W Herndon, Suite 101, Fresno, CA, 93711
Telephone: 559-438-2640

Regency Investment Advisors Inc is a large advisory firm based in Fresno. It manages $447.83 million of regulatory assets for 1,271 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Oregon, and Texas.

Regency Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, 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.

Regency Investment Advisors: assets under management

The assets under management (AUM) of Regency Investment Advisors Inc is $447.83 million. The firm's AUM has grown by 420% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $434.72 million in discretionary accounts and $13.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $348.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $546.08 thousand.

Regency Investment Advisors has custody of $55.58 million in cash and securities for 139 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 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Regency Investment Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Philip Daniel Ray serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Philip Daniel Ray is high net worth individuals with 86 clients and $184.48 million of assets under management. Among the 7 most similar advisory firms, Regency Investment Advisors has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $447.83 million for 557 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.

Regency Investment Advisors doesn't advise any private funds.

Careers at Regency Investment Advisors Inc

The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Regency Investment Advisors Inc is owned by Marci Lynne Deck. Philip Daniel Ray has been acting as President since 1 Oct 2004. Judson Ray Myers joined the executive team most recently as the Director / Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philip Daniel Ray	President/director	1 Oct 1999	Other	2097334
Marci Lynne Kumpe	Director/sec/cfo/compliance officer	1 Oct 1999	Other	4358069
Stephen Warner Guinn	Vice president	1 Oct 1999	Other	2201575
California Bank & Trust	Shareholder	1 Oct 1999	75% - 100%	95-2783330
Zions Bancorporation	Owner of california bank & trust	1 Oct 1999	Other	87-0227400
Marci Lynne Hodges	Sec/cfo/compliance officer	1 Oct 1999	Other	4358069
G. Buddy Ikeda	Director	1 Mar 2000	Other	4357939
Marge A. Chapman	Director	1 Mar 2000	Other	4358064
Michael Adam Smith	Director	1 May 2000	Other	732180
Capital Corp Of The West (Ccow)	Shareholder	1 Jun 2002	75% - 100%	77-0405791
Thomas Tyler Hawker	Director	1 Jul 2002	Other	2527486
Dale Mckinney	Director	1 Jul 2002	Other	4555796
Philip Daniel Ray	Director/president	1 Oct 2004	Other	2097334
Marci Lynne Deck	Director/chief compliance officer/sec/cfo	1 Oct 2004	Other	4358069
Stephen Warner Guinn	Director/vice president	1 Oct 2004	Other	2201575
Marci Lynne Hodges	Chief compliance officer	1 Oct 2004	Other	4358069
Robert J Longatti	Director	1 Jul 2005	Other	5019639
Marci Lynne Deck	Owner/director/chief compliance officer/sec/cfo	1 Jul 2005	Other	4358069
Stephen Warner Guinn	Owner/director/vice president	1 Jul 2005	25% - 50%	2201575
Curtis Roger Wong	Director	1 Jul 2005	Other	5019638
Philip Daniel Ray	Director/president	1 Aug 2005	Other	2097334
Marci Lynne Deck	Director/chief compliance officer/sec/cfo	1 Aug 2005	Other	4358069
Stephen Warner Guinn	Director/vice president	1 Aug 2005	Other	2201575
Inc Ria Holdings	Owner	1 Aug 2005	75% - 100%	20-3312776
Mark Louis Prendergast	Director	1 Apr 2010	Other	4422865
Trustee Stephen W Guinn Living Trust Dated 5/24/2013 Stephen W Guinn	Owner	1 Sep 2013	25% - 50%	xxx-xx-xxxx
Trustee Todd And Marci Deck Rev Family Trust Dated 11/23/2010 Marci Deck	Owner	1 Sep 2013	Other	xxx-xx-xxxx
Trustee Philip & Karen Ray Declaration Of Trust Dated 8/8/2012 Philip Ray	Owner	1 Oct 2013	50% - 75%	xxx-xx-xxxx
Special Trustee Of The Christopher And Katherine Comstock Rev Family Trust Dtd 10/20/2009 Christopher Comstock	Owner	1 Dec 2013	Other	xxx-xx-xxxx
Christopher Louis Comstock	Director	1 Apr 2014	Other	5653146
Judson Ray Myers	Director / owner	1 Sep 2015	Other	2899202

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Warner Guinn	Indirect owner	1 Sep 2013	Other	2201575
Marci Lynne Deck	Indirect owner	1 Sep 2013	Other	4358069
Philip Daniel Ray	Indirect owner	1 Oct 2013	Other	2097334
Christopher Louis Comstock	Indirect owner	1 Dec 2013	Other	5653146

Based in Fresno

The principal office where Regency Investment Advisors Inc performs its advisory services is located at 1312 W Herndon, Suite 101, Fresno, CA 93711 The mailing address of the firm is 1312 W Herndon, Suite 101, Fresno, CA 93711. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 559-438-2640 or by fax 559-438-2694. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at regencyinvests.com.