Raskob Kambourian Financial Advisors, Ltd. (Tucson)

Name: Raskob Kambourian Financial Advisors, Ltd.
Address: 4100 N. First Avenue, Tucson, AZ, 85719 1023
Telephone: 520-690-1999

Raskob Kambourian Financial Advisors, Ltd. is a large advisory firm based in Tucson. It manages $148.43 million of regulatory assets for 92 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, and Texas.

Raskob Kambourian Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Raskob Kambourian Financial Advisors: assets under management

The assets under management (AUM) of Raskob Kambourian Financial Advisors, Ltd. is $148.43 million. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.81 million in discretionary accounts and $94.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.35 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.82 million.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Raskob Kambourian Financial Advisors, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Patricia F. Raskob serves?

The only and largest group of clients of Patricia F. Raskob is individuals with 88 clients and $127.65 million of assets under management. Among the 11 most similar advisory firms, Raskob Kambourian Financial Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $127.65 million for 88 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.

Raskob Kambourian Financial Advisors doesn't advise any private funds.

Careers at Raskob Kambourian Financial Advisors, Ltd.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Patricia F. Raskob has been acting as President since 1 Feb 1992. Steven George Borden joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Patricia F. Raskob	President	1 Feb 1992	75% - 100%	2572384
Steven George Borden	Chief compliance officer	1 Jun 2011	Other	6049398

Based in Tucson

The principal office where Raskob Kambourian Financial Advisors, Ltd. performs its advisory services is located at 4100 N. First Avenue, Tucson, AZ 85719 1023, 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 520-690-1999 or by fax 520-690-1995. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at rkfin.com.