RaLPh Parks Investment Group LLC (Pittsford)

Name: RaLPh Parks Investment Group LLC
Address: 141 Sully's Trail Suite 1, Pittsford, NY, 14534
Telephone: 585-248-5700

RaLPh Parks Investment Group LLC is a mid-sized advisory firm based in Pittsford. It manages $41.31 million of regulatory assets for 242 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Florida, New York, and Texas.

RaLPh Parks Investment Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

RaLPh Parks Investment Group: assets under management

The assets under management (AUM) of RaLPh Parks Investment Group LLC is $41.31 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -45% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $41.31 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.71 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment and business development companies, which make up 29% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay RaLPh Parks Investment Group LLC 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 RaLPh Parks Investment Group serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of RaLPh Parks Investment Group is individuals with 143 clients and $21.21 million of assets under management. Among the 2 most similar advisory firms, RaLPh Parks Investment Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $41.31 million for 164 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.

RaLPh Parks Investment Group doesn't advise any private funds.

Careers at RaLPh Parks Investment Group LLC

The company employs 3 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rajiv Nath Dixit	Chief investment officer, chief operating officer	1 Nov 2005	Other	5144936
Gina M Griffo	Chief executive officer, chief compliance officer	1 Nov 2005	Other	3046431
Ralph Ronald Parks	President, ceo, managing member	1 Nov 2005	75% - 100%	818749
Ralph Ronald Parks	President, ceo, managing member	1 Dec 2005	75% - 100%	818749
Rajiv Nath Dixit	Chief financial officer & chief technology officer	1 Feb 2006	Other	5144936
Aletha Marie Steehler	Chief compliance officer	1 Apr 2006	Other	2231876
Rajiv Nath Dixit	Chief investment officer, chief operating officer	1 Jan 2011	Other	5144936
Estate Of Ralph Parks	Manager	1 Jan 2011	75% - 100%	27-7001557
Aspire Capital Management Inc.	Owner	1 Dec 2011	75% - 100%	45-2898443

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Rajiv Nath Dixit	Co-president	1 Dec 2011	50% - 75%	5144936
Gina M Griffo	Co-president	1 Dec 2011	50% - 75%	3046431

Based in Pittsford

The principal office where RaLPh Parks Investment Group LLC performs its advisory services is located at 141 Sully's Trail Suite 1, Pittsford, NY 14534, 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 585-248-5700 or by fax 585-248-5703. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at rpigllc.com.