Rayliant Asset Management, LLC (Canonsburg)

Name: Rayliant Asset Management, LLC
Address: 6000 Town Center Boulevard, Canonsburg, PA, 15317
Telephone: 4123253970

Rayliant Asset Management, LLC is a large advisory firm based in Canonsburg. It manages $90.9 million of regulatory assets for 58 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Rayliant Asset Management 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.

Rayliant Asset Management: assets under management

The assets under management (AUM) of Rayliant Asset Management, LLC is $90.9 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $81.33 million in discretionary accounts and $9.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.03 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $531.63 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rayliant Asset Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.

What kind of clients Rayliant Asset Management serves?

The firm provides services to high net worth individuals and state or municipal government entities. The largest group of clients of Rayliant Asset Management is state or municipal government entities with 16 clients and $53.63 million of assets under management. Among the 4 most similar advisory firms, Rayliant Asset Management has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $66.25 million for 52 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.

Rayliant Asset Management doesn't advise any private funds.

Careers at Rayliant Asset Management, LLC

The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 2 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.

Based in Canonsburg

The principal office where Rayliant Asset Management, LLC performs its advisory services is located at 6000 Town Center Boulevard, Canonsburg, PA 15317, 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 4123253970 or by fax 866-728-1798. The normal business hours are 9 am-5 pm on Monday - Friday. You can find more information about the New York firm at rayliant.com/.