Pinkerton Retirement Specialists, LLC (Coeur D'alene)

Name: Pinkerton Retirement Specialists, LLC
Address: 2000 John Loop, Coeur D'alene, ID, 83814
Telephone: 800-634-2008

Pinkerton Retirement Specialists, LLC is a large advisory firm based in Coeur D'alene. It manages $510.39 million of regulatory assets for 2,788 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alaska, Arizona, California, and 11 other states.

Pinkerton Retirement Specialists 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 less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Pinkerton Retirement Specialists: assets under management

The assets under management (AUM) of Pinkerton Retirement Specialists, LLC is $510.39 million. The firm's AUM has grown by 512% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $450.67 million in discretionary accounts and $59.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $162.99 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.6 million.

Pinkerton Retirement Specialists has custody of $405.6 million in cash and securities for 500 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pinkerton Retirement Specialists, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Daniel Walter Pinkerton serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Daniel Walter Pinkerton is high net worth individuals with 261 clients and $346.36 million of assets under management. Among the 9 most similar advisory firms, Pinkerton Retirement Specialists has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $510.39 million for 700 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.

Pinkerton Retirement Specialists doesn't advise any private funds.

Careers at Pinkerton Retirement Specialists, LLC

The company employs 20 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 6 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Daniel Walter Pinkerton has been acting as President since 1 Sep 1996. Gery Joseph Sadzewicz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pinkerton Family Heritage Limited Partnership	Member	1 Sep 1996	25% - 50%	82-0494855
Inc. Pinkerton Financial Corporation	Member	1 Sep 1996	25% - 50%	82-0494854
Inc. Pinkerton Investments	Member	1 Sep 1996	25% - 50%	82-0494853
Kathryn Elaine Pinkerton	Vice president/member	1 Sep 1996	Other	4557787
Daniel Walter Pinkerton	Managing member/president	1 Sep 1996	Other	2128422
Ronald Lee Glendening	Chief compliance officer	1 May 2010	Other	4468165
Ronald Lee Glendening	Chief operating officer	1 Jun 2010	Other	4468165
Gery Joseph Sadzewicz	Chief compliance officer	1 Jan 2014	Other	1090963

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel W. And Kathryn E. Pinkerton Living Trust	Owner	1 Sep 1996	75% - 100%	xxx-xx-xxxx

Based in Coeur D'alene

The principal office where Pinkerton Retirement Specialists, LLC performs its advisory services is located at 2000 John Loop, Coeur D'alene, ID 83814, which is also the mailing address of the firm. An additional office of the firm is in Spokane, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-634-2008 or by fax 208-667-5868. The normal business hours are 7am - 4:30pm m-th; 7am - 3:30pm f on Monday - Friday. You can find more information about the New York firm at pinkertonretirement.com.