Resource Management Service, LLC (Birmingham)

Name: Resource Management Service, LLC
Address: 31 Inverness Center Parkway, Birmingham, AL, 35242
Telephone: 205-991-9516

Resource Management Service, LLC is a large advisory firm based in Birmingham. It manages $4.41 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Alabama.

Resource Management Service provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Resource Management Service: assets under management

The assets under management (AUM) of Resource Management Service, LLC is $4.41 billion. The firm's AUM has grown by 1977% since the beginning of its operation, and $256.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.3 billion in discretionary accounts and $106.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $286.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $53.45 million.

Resource Management Service has custody of $54.56 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resource Management Service, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Resource Management Service serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Resource Management Service is pooled investment vehicles with 7 clients and $1.32 billion of assets under management. Among the 5 most similar advisory firms, Resource Management Service has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.46 billion for 12 clients. 47% of the firm’s clients are foreign persons or businesses.

Resource Management Service also advises several private funds. Namely, six real estate funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Resource Management Service, LLC

The company employs 175 people that are either part- or full-time employees. 8 percent of the employees work as investment advisers or researchers. No 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
Dale Edward Weizenecker	Mgr, forestry operations	1 Jan 2004	Other	4769120
Phillip Larry Glassco	Member	1 Jan 2004	Other	4769138
Edwin L. Sweeten	Director of acquisitions	1 Jan 2004	Other	4720236
Liane Luke	Principal & director of private investments	1 Jan 2004	Other	4720234
Everett Phillip Woods	Corporate compliance officer	1 Jan 2004	Other	4720239
Thomas Chesley Lines	Corporate secretary	1 Jan 2004	Other	4720241
Craig F. Blair	Sr. vp - forest investment	1 Jan 2004	Other	4719507
Bruno F. Fritschi	President & ceo	1 Jan 2004	Other	4719499
Timothy John Moothart	Principal & director of tax-exempt markets	1 Jan 2004	Other	4384878
James F. Kuhn	Member	1 Jan 2004	Other	4769140
Craig F. Blair	Corporate secretary	1 Feb 2005	Other	4719507
James F. Kuhn	Mgr resource planning	1 Feb 2005	Other	4769140
Benjamin Russell	Member	1 Mar 2006	Other	5327484
Lisa Collins Cross	Director, human resources	1 Aug 2006	Other	5317544
Everett Phillip Woods	Director of operations	1 Oct 2006	Other	4720239
Lisa Collins Cross	Chief compliance officer	1 Apr 2007	Other	5317544
Kevin Scott Fry	Chief financial officer	1 Jul 2007	Other	5551557
Bruce Donald Easton	Executive vp, asia pacific operations	1 Jul 2009	Other	6632353
Jimmy Franklin Bullock	Senior vp, forest sustainability	1 Jul 2009	Other	6632354
Dennis Gerard Dubose	Chief financial officer	1 Oct 2009	Other	4465216
Dennis G Dubose	Chief financial officer	1 Oct 2009	Other	xxx-xx-xxxx
Edwin L. Sweeten	Executive vp, acquisitions & land sales	1 Jun 2010	Other	4720236
Everett Phillip Woods	Executive vp, operations	1 Jun 2010	Other	4720239
James F. Kuhn	Senior vp, resource planning	1 Jun 2010	Other	4769140
Kathryn Robie	Executive vp, investments	1 Jun 2010	Other	5898106
Craig F. Blair	President and ceo	1 Oct 2010	Other	4719507
Anthony Joseph Cascio	Senior vice president, investments	1 Aug 2011	Other	6048147
Dennis Gerard Dubose	Chief compliance officer	1 Jul 2012	Other	4465216
William Alex Hinson	Executive vp, operations	1 May 2013	Other	6632352
Charles Carroll Cornish	Senior vp, resource planning	1 Oct 2014	Other	6632355
Acm Alabama Llc	Member	1 Oct 2014	Other	1001
Mary Kay Greer	Senior vp, corporate communications	1 Aug 2016	Other	6772427

Based in Birmingham

The principal office where Resource Management Service, LLC performs its advisory services is located at 31 Inverness Center Parkway, Birmingham, AL 35242, 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 205-991-9516 or by fax 205-991-2807. The normal business hours are 8:00am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at resourcemgt.com.