Rnp Advisory Services, Inc. (Morgan Hill)

Name: Rnp Advisory Services, Inc.
Address: 17190 S Monterey Road, Morgan Hill, CA, 95037
Telephone: 408-779-0699

Rnp Advisory Services, Inc. is a large advisory firm based in Morgan Hill. It manages $424.28 million of regulatory assets for 1,023 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Oregon, and Texas.

Rnp Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rnp Advisory Services: assets under management

The assets under management (AUM) of Rnp Advisory Services, Inc. is $424.28 million. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $223.76 million in discretionary accounts and $200.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $257.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rnp Advisory Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Carl Heinz Reinhardt serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Carl Heinz Reinhardt is pension and profit sharing plans with 38 clients and $192.62 million of assets under management. Among the 9 most similar advisory firms, Rnp Advisory Services has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $424.28 million for 508 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.

Rnp Advisory Services doesn't advise any private funds.

Careers at Rnp Advisory Services, Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 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.

Rnp Advisory Services, Inc. is owned by Daniel Thomas Newquist. Carl Heinz Reinhardt has been acting as President since 1 Dec 2005. Matthew James Reinhardt joined the executive team most recently as the Owner, Wealth Advisor, Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Michael Rooney	Chief compliance officer	1 Jan 2002	Other	2038586
Carl Heinz Reinhardt	Chairman	1 Dec 2005	50% - 75%	373659
Alexander Bennett Potts	Ceo	1 Dec 2005	Other	1765245
Erich Karl Reinhardt	President	1 Dec 2005	Other	2492324
Gary Melville Newquist	Owner	1 Dec 2005	Other	347299
Alexander Bennett Potts	Director	1 Jul 2006	Other	1765245
Daniel Thomas Newquist	Owner	1 Dec 2007	25% - 50%	3151447
Tracy Lee Newquist	President, chief compliance officer	1 Dec 2007	25% - 50%	4338710
Matthew James Reinhardt	Owner, wealth advisor, principal	1 Jan 2016	25% - 50%	5797963
Matthew J Reinhardt	Owner, wealth advisor, principal	1 Jan 2016	25% - 50%	5797963

Based in Morgan Hill

The principal office where Rnp Advisory Services, Inc. performs its advisory services is located at 17190 S Monterey Road, Morgan Hill, CA 95037, which is also the mailing address of the firm. An additional office of the firm is in Salinas, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 408-779-0699 or by fax 408-778-5413. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at rnpadvisory.com/.