Karp Ronald A Associates Inc (Summit)

Karp Ronald A Associates Inc is a large advisory firm based in Summit. It manages $263.85 million of regulatory assets for 331 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California and New Jersey.

Karp Ronald A Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Karp Ronald A Associates: assets under management

The assets under management (AUM) of Karp Ronald A Associates Inc is $263.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 748% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $263.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $797.12 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Karp Ronald A Associates Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. 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.

Careers at Karp Ronald A Associates Inc

Karp Ronald A Associates Inc is owned by Stacey Karp. Ronald Allan Karp has been acting as President since 1 Oct 1980. Elizabeth Steinbugler joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Allan Karp	President	1 Oct 1980	75% - 100%	4331345
Jeffrey Martin Karp	Senior vice president	1 Feb 1994	Other	2406907
Elizabeth Steinbugler	Chief compliance officer	1 Feb 2002	Other	1737333
Stacey Karp	Owner	1 Jan 2005	Other	4933417

Based in Summit

The principal office where Karp Ronald A Associates Inc performs its advisory services is located at 47 Maple Street, Summit, NJ 07901, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.