Adirondack Research & Management Inc. (Guilderland)

Name: Adirondack Research & Management Inc.
Address: 2390 Western Avenue, Guilderland, NY, 12084
Telephone: 518 690-0470

Adirondack Research & Management Inc. is a large advisory firm based in Guilderland. It manages $215 million of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of New York.

Adirondack Research & Management provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Adirondack Research & Management: assets under management

The assets under management (AUM) of Adirondack Research & Management Inc. is $215 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21400% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $215 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.17 million each.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 35% of the firm’s portfolio. Investments in investment and business development companies form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Adirondack Research & Management Inc. 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 Gregory Alexander Roeder serves?

The firm provides services to individuals, investment companies, and high net worth individuals. The largest group of clients of Gregory Alexander Roeder is investment companies with 1 clients and $167 million of assets under management. Among the 6 most similar advisory firms, Adirondack Research & Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $215 million for 56 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.

Adirondack Research & Management doesn't advise any private funds.

Careers at Adirondack Research & Management Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No 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.

Gregory Alexander Roeder has been acting as President since 1 Mar 2004. Jarrod Hall Becker joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Alexander Roeder	President	1 Mar 2004	25% - 50%	3006313
Gregory A Roeder	President	1 Mar 2004	75% - 100%	3006313
Jarrod Becker	President	1 Mar 2004	25% - 50%	3006313
Matthew Patrick Reiner	Chief financial officer	1 Feb 2005	25% - 50%	1981548
Louis (Nmn) Morizio	Shareholder	1 Feb 2005	25% - 50%	1626552
Louis Morizio	Chief operations officer	1 Feb 2005	25% - 50%	1626552
Gregory A Roeder	Chief compliance officer	1 Mar 2005	25% - 50%	3006313
Gregory Alexander Roeder	Chief compliance officer	1 Mar 2005	Other	3006313
Stephen Kenin Gonick	Shareholder	1 Jul 2009	Other	5758886
Stephen K Gonick	Marketing director	1 Jul 2009	Other	5758886
Jarrod Becker	Chief compliance officer	1 May 2010	Other	3006313
Gregory A Roeder	Chief compliance officer	1 May 2010	Other	3006313
Jarrod Hall Becker	Chief compliance officer	1 Jul 2013	Other	6316926

Based in Guilderland

The principal office where Adirondack Research & Management Inc. performs its advisory services is located at 2390 Western Avenue, Guilderland, NY 12084, 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 518 690-0470 or by fax 518 861-7040. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at adirondackfunds.com.