Rachor Investment Advisory Services, LLC (Flint)

Name: Rachor Investment Advisory Services, LLC
Address: 2357 Stone Bridge Drive, Flint, MI, 48532
Telephone: 810 732-7777

Rachor Investment Advisory Services, LLC is a large advisory firm based in Flint. It manages $140 million of regulatory assets for 1,068 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.

Rachor Investment Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and estate planning, administrative services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rachor Investment Advisory Services: assets under management

The assets under management (AUM) of Rachor Investment Advisory Services, LLC is $140 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $131.08 thousand each.

Rachor Investment Advisory Services has custody of $43.44 million in cash and securities for 121 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rachor Investment Advisory Services, 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 Rachor Investment Advisory Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rachor Investment Advisory Services is high net worth individuals with 131 clients and $94.68 million of assets under management. Among the 7 most similar advisory firms, Rachor Investment Advisory Services has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $135.79 million for 438 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.

Rachor Investment Advisory Services doesn't advise any private funds.

Careers at Rachor Investment Advisory Services, LLC

The company employs 14 people that are either part- or full-time employees. 86 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
Laurie Patricia Torrey	President, chief compliance officer	1 Jul 2004	Other	4936161
Laurie Patricia Dasky	President, chief compliance officer	1 Jul 2004	Other	4936161
Rias Holding Company Incorporated	Managing member	1 Jul 2008	75% - 100%	20-4479710
Kathleen Ann Fox	Director (of managing member)	1 Jul 2009	Other	5295195
Tod G Fisher	Director (of managing member)	1 May 2010	Other	5718017
Tod Gerald Fisher	Director (of managing member)	1 May 2010	Other	5718017
Tod G Fisher	Chief compliance officer	1 Dec 2017	Other	5718017
Tod Gerald Fisher	Chief compliance officer	1 Dec 2017	Other	5718017

Indirect Owners

The SEC currently registers 22 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Edward Purman	Trustee	1 Oct 1984	25% - 50%	1860735
David Allan Page	Co-trustee	1 Dec 2004	25% - 50%	1860746
Timothy Edward Purman	Co-trustee	1 Dec 2004	25% - 50%	1860735
Laurie Patricia Dasky	Co-trustee	1 Jul 2006	Other	4936161
Kathleen Ann Fox	Co-trustee	1 Jul 2006	Other	5295195
Rachor Investment Advisory Services Incorporated Employee Stock Ownership Plan & Trust	Shareholder	1 Jul 2008	75% - 100%	20-8232887
000 Portfolio Inc $50	Shareholder	1 Dec 2008	25% - 50%	38-2654479
Michael G. Rachor Irr. Trust Fbo Terese M. Rachor Uad 10 1 1984	Shareholder	1 Dec 2008	25% - 50%	38-6491680
Michael G. Rachor Irr. Trust Fbo James M. Rachor Uad 10 1 1984	Shareholder	1 Dec 2008	25% - 50%	38-6512035
Tod G Fisher	President	1 Jan 2009	25% - 50%	5718017
Laurie Torrey Trustee Tod G. Fisher 2010 Irrevocable Trust #1	Shareholder	1 Jul 2009	25% - 50%	xxx-xx-xxxx
Laurie Patricia Dasky	Shareholder	1 Jul 2009	25% - 50%	4936161
Laurie Dasky Trustee Tod G. Fisher 2010 Irrevocable Trust #1	Shareholder	1 Jul 2009	25% - 50%	xxx-xx-xxxx
Laurie Patricia Torrey	Shareholder	1 Jul 2009	25% - 50%	4936161
Laurie Patricia Torrey	Trustee	1 Jan 2010	25% - 50%	4936161
Laurie Patricia Dasky	Trustee	1 Jan 2010	25% - 50%	4936161
Laurie Patricia Torrey	Trustee	1 Mar 2014	25% - 50%	4936161
Kathleen A Fox Revocable Trust Uad 3 18 13	Shareholder	1 Mar 2014	25% - 50%	xxx-xx-xxxx
Kathleen Ann Fox	Trustee	1 Mar 2014	25% - 50%	5295195
Laurie P Torrey Revocable Trust Uad 3 19 2012	Shareholder	1 Mar 2014	25% - 50%	xxx-xx-xxxx
Tod Gerald Fisher	Sole shareholder of parent corporation	1 Mar 2019	75% - 100%	5718017
Tod G Fisher	Sole shareholder of parent corporation	1 Mar 2019	75% - 100%	5718017

Based in Flint

The principal office where Rachor Investment Advisory Services, LLC performs its advisory services is located at 2357 Stone Bridge Drive, Flint, MI 48532 The mailing address of the firm is P. O. Box 320100, Flint, MI 48532. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 810 732-7777 or by fax 810-732-7757. The normal business hours are 8:00 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at rias.net.