Junk Ivan Richard (Hunt Valley)

Name: Junk Ivan Richard
Address: 307 International Circle, Hunt Valley, MD, 21030 1439
Telephone: 410-584-8100

Junk Ivan Richard is a large advisory firm based in Hunt Valley. It manages $246.49 million of regulatory assets for 871 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Delaware, Florida, Maryland, Pennsylvania, and Texas.

Junk Ivan Richard provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Junk Ivan Richard: assets under management

The assets under management (AUM) of Junk Ivan Richard is $246.49 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% 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 Junk Ivan Richard 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.

What kind of clients Junk Ivan Richard serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Junk Ivan Richard is high net worth individuals with 99 clients and $188 million of assets under management. Among the 10 most similar advisory firms, Junk Ivan Richard has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $246.49 million for 219 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.

Junk Ivan Richard doesn't advise any private funds.

Careers at Junk Ivan Richard

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ivan Richard Junk	Sole proprietor	1 Nov 1982	75% - 100%	262720
Cassandra Gene Junk	Chief compliance officer	1 Feb 2005	Other	2095300

Based in Hunt Valley

The principal office where Junk Ivan Richard performs its advisory services is located at 307 International Circle, Hunt Valley, MD 21030 1439, 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 410-584-8100 or by fax 410-584-8590. The normal business hours are 8:30am to 4:00pm on Monday - Friday. You can find more information about the New York firm at junkinv.com.