The Robare Group, Ltd. is a large advisory firm based in Houston. It manages $175.51 million of regulatory assets for 622 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Louisiana and Texas.
The Robare Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Robare Group, Ltd. is $175.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 505% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay The Robare Group, Ltd. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of The Robare Group is high net worth individuals with 66 clients and $103.02 million of assets under management. Among the 10 most similar advisory firms, The Robare Group has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $175.51 million for 302 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.
The Robare Group doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where The Robare Group, Ltd. performs its advisory services is located at Two Chasewood, 20405 State Highway 249, Houston, TX 77070, 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 (281) 374-0756 or by fax (281) 376-4363. The normal business hours are 8:30am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at robare-jones.com and its LinkedIn profile.