Michael S Ryan, Inc. (Latham)

Michael S Ryan, Inc. is a mid-sized advisory firm based in Latham. It manages $57.84 million of regulatory assets for 394 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, New York, and Texas.

Michael S Ryan provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Michael S Ryan: assets under management

The assets under management (AUM) of Michael S Ryan, Inc. is $57.84 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.87 million in discretionary accounts and $3.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $143.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $208.94 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Michael S Ryan, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Michael S Ryan serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Michael S Ryan is high net worth individuals with 30 clients and $33.8 million of assets under management. Among the 4 most similar advisory firms, Michael S Ryan has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $57.84 million for 175 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.

Michael S Ryan doesn't advise any private funds.

Careers at Michael S Ryan, 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
Michael Sean Ryan	President & chief compliance officer	1 Jan 2003	75% - 100%	2212989

Based in Latham

The principal office where Michael S Ryan, Inc. performs its advisory services is located at 930 Albany Shaker Road, Latham, NY 12110, 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 (518) 689-0773 or by fax (518) 328-0185. The normal business hours are 9:00am - 5:00pm on Monday - Friday.