Syntax Research, Inc. (Boca Raton)

Name: Syntax Research, Inc.
Address: 150 East Palmetto Park Road, Boca Raton, FL, 33432
Telephone: (855) 796-8296

Syntax Research, Inc. is a large advisory firm based in Boca Raton. It manages $128.44 million of regulatory assets for 317 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, New Jersey, and New York.

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

Syntax Research: assets under management

The assets under management (AUM) of Syntax Research, Inc. is $128.44 million. The firm's AUM has grown by 18% since the beginning of its operation, and $20.81 million of the total AUM is attributable to clients outside of the United States.

The firm manages $121.76 million in discretionary accounts and $6.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $391.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.11 million.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Syntax Research, Inc. 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 Syntax Research serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Syntax Research is high net worth individuals with 40 clients and $87.78 million of assets under management. Among the 10 most similar advisory firms, Syntax Research has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $128.44 million for 155 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.

Syntax Research doesn't advise any private funds.

Careers at Syntax Research, Inc.

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 are 2 people 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
Sandeep Sharma	Principal/founder	1 Jan 2002	75% - 100%	1721253

Based in Boca Raton

The principal office where Syntax Research, Inc. performs its advisory services is located at 150 East Palmetto Park Road, Boca Raton, FL 33432, 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 (855) 796-8296 or by fax (561) 265-1000. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at syntaxresearch.com.