Ruggaard & Associates Inc (Twinsburg)

Name: Ruggaard & Associates Inc
Address: 2196 E Enterprise Parkway, Twinsburg, OH, 44087
Telephone: 330-487-5888

Ruggaard & Associates Inc is a large advisory firm based in Twinsburg. It manages $171.58 million of regulatory assets for 410 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Ohio.

Ruggaard & Associates provides financial planning services, portfolio management for individuals and small businesses, and tax services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ruggaard & Associates: assets under management

The assets under management (AUM) of Ruggaard & Associates Inc is $171.58 million. The firm's AUM has grown by 138% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $162.1 million in discretionary accounts and $9.48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $421.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $379.02 thousand.

Ruggaard & Associates has custody of $57.14 million in cash and securities for 48 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 87% of the total AUM. The second-largest asset type is exchange traded securities, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ruggaard & Associates Inc for their services and products based on a percentage of assets under management and performance-based 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 Randall Paul Ruggaard serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Randall Paul Ruggaard is high net worth individuals with 47 clients and $140.77 million of assets under management. Among the 11 most similar advisory firms, Ruggaard & Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $171.58 million for 132 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.

Ruggaard & Associates doesn't advise any private funds.

Careers at Ruggaard & Associates Inc

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Randall Paul Ruggaard	President	1 Jan 1993	75% - 100%	1028988
Randall Paul Ruggaard	Chief compliance officer	1 Aug 2004	75% - 100%	1028988

Based in Twinsburg

The principal office where Ruggaard & Associates Inc performs its advisory services is located at 2196 E Enterprise Parkway, Twinsburg, OH 44087, 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 330-487-5888 or by fax 330-487-5886. The normal business hours are 9:00 - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ruggaardfinancialadvisors.com/.