Howe And Rusling, Inc. is a large advisory firm based in Rochester. It manages $1.18 billion of regulatory assets for 1,729 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 22 other states.
Howe And Rusling provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Howe And Rusling, Inc. is $1.18 billion. The firm's AUM has grown by 68% since the beginning of its operation, and $6.44 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Howe And Rusling, Inc. for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Roger Emile Bendelac is high net worth individuals with 246 clients and $604.63 million of assets under management. Among the 10 most similar advisory firms, Howe And Rusling has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.18 billion for 831 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.
Howe And Rusling doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 63 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 are 6 people 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.
Roger Emile Bendelac has been acting as President since 1 Mar 1999. John Joseph Trentacoste joined the executive team most recently as the Director Of Fixed Income.
The principal office where Howe And Rusling, Inc. performs its advisory services is located at 120 East Ave, Rochester, NY 14604, which is also the mailing address of the firm. An additional office of the firm is in Fayetteville, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 585-325-4140 or by fax 585-325-7361. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at howeandrusling.com.