RandoLPh Co Inc (Cincinnati)

Name: RandoLPh Co Inc
Address: 4200 Malsbary Road, Cincinnati, OH, 45242
Telephone: [513]891-7144

RandoLPh Co Inc is a large advisory firm based in Cincinnati. It manages $578.97 million of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Ohio.

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

RandoLPh: assets under management

The assets under management (AUM) of RandoLPh Co Inc is $578.97 million. The firm's AUM has grown by 676% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $572.16 million in discretionary accounts and $6.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.54 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $400.69 thousand.

RandoLPh has custody of $524.42 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay RandoLPh Co Inc for their services and products based on a percentage of assets under management. 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 RandoLPh serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of RandoLPh is charitable organizations with 5 clients and $457.6 million of assets under management. Among the 5 most similar advisory firms, RandoLPh has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $578.97 million for 40 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.

RandoLPh doesn't advise any private funds.

Careers at RandoLPh Co Inc

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

RandoLPh Co Inc is owned by Meredith C Randolph. Carter Louis Randolph joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Meredith C Randolph	Owner	1 Jan 2000	Other	4348352
Carter Louis Randolph	Owner	1 Jan 2000	Other	4348355
Carter F Randolph	Chief compliance officer	1 Jan 2000	75% - 100%	4348344
Meredith Randolph Leslie	Owner	1 Jan 2000	Other	4348352
Kathy K Randolph	Owner	1 Jan 2000	25% - 50%	4348350

Based in Cincinnati

The principal office where RandoLPh Co Inc performs its advisory services is located at 4200 Malsbary Road, Cincinnati, OH 45242, 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 [513]891-7144 or by fax [513]891-2018. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at therandolphcompany.com.