Rpm Advisors, LLC (Fargo)

Name: Rpm Advisors, LLC
Address: 1133 D Harwood Drive S., Fargo, ND, 58104
Telephone: 701-205-1594

Rpm Advisors, LLC is a large advisory firm based in Fargo. It manages $176.44 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of North Dakota.

Rpm Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rpm Advisors: assets under management

The assets under management (AUM) of Rpm Advisors, LLC is $176.44 million. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.59 million in discretionary accounts and $173.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $646.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.49 million.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rpm Advisors, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Rpm Advisors serves?

The only and largest group of clients of Rpm Advisors is pension and profit sharing plans with 10 clients and $173.85 million of assets under management. Among the 9 most similar advisory firms, Rpm Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $173.85 million for 10 clients. None of the firm’s clients are foreign persons or businesses.

Rpm Advisors doesn't advise any private funds.

Careers at Rpm Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Robert Paul Mastel	Managing member, president, chief compliance officer, secretary and treasurer	1 Apr 2013	75% - 100%	6099710

Based in Fargo

The principal office where Rpm Advisors, LLC performs its advisory services is located at 1133 D Harwood Drive S., Fargo, ND 58104, 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 701-205-1594 or by fax 701-205-1589. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at rpm-advisors.com and its LinkedIn profile.