Resource Consulting Group Inc (Orlando)

Name: Resource Consulting Group Inc
Address: 301 E. Pine Street, Suite 600, Orlando, FL, 32801
Telephone: 407-422-0252

Resource Consulting Group Inc is a large advisory firm based in Orlando. It manages $1.76 billion of regulatory assets for 2,190 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 3 other states.

Resource Consulting Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Resource Consulting Group: assets under management

The assets under management (AUM) of Resource Consulting Group Inc is $1.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 438% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.76 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $802.14 thousand each.

Resource Consulting Group has custody of $695.45 million in cash and securities for 260 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 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resource Consulting Group Inc for their services and products based on a percentage of assets under management 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 Kimberly Ann Sterling serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Kimberly Ann Sterling is high net worth individuals with 337 clients and $1.61 billion of assets under management. Among the 12 most similar advisory firms, Resource Consulting Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.71 billion for 459 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.

Resource Consulting Group doesn't advise any private funds.

Careers at Resource Consulting Group Inc

The company employs 24 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 15 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.

Resource Consulting Group Inc is owned by Stephen Edward Mackall. Kimberly Ann Sterling has been acting as President since 1 Jan 2007. Linda Emilia Palonen joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Davis	President	1 Oct 1987	50% - 75%	1846863
Michael Howard Davis	President	1 Oct 1987	50% - 75%	1846863
John Mclaren Prizer	Vice president	1 Jan 1990	25% - 50%	1240586
Teresa Schauer Davis	Secretary/treasurer	1 Dec 1997	Other	4340680
Kimberly Sterling	Vice president	1 Nov 2000	Other	3135601
Kimberly Ann Sterling	Vice president/treasurer	1 Nov 2000	Other	3135601
Michael Temerson Masur	Treasurer/secretary	1 Jan 2006	Other	5111459
Kimberly Ann Sterling	President	1 Jan 2007	Other	3135601
Michael Temerson Masur	Sec/treas/chief compliance officer	1 Jan 2007	Other	5111459
John Mclaren Prizer	Vice president	1 Jan 2007	25% - 50%	1240586
Michael Howard Davis	Chief executive officer	1 Mar 2007	50% - 75%	1846863
Ernest Edward Phillips	Shareholder	1 Jan 2011	Other	4017247
Stephen Edward Mackall	Shareholder, director of operations, and chief investment officer	1 Jan 2011	Other	4097281
Nicole R Regilio	Shareholder	1 Jan 2012	Other	5473403
Nicole Anne Rutledge	Owner	1 Jan 2012	Other	5473403
Gregg Alexander Biro	Shareholder	1 Jan 2014	Other	4932666
Kimberly Ann Sterling	Vice president	1 Apr 2015	Other	3135601
Michael Howard Davis	President	1 Apr 2015	50% - 75%	1846863
Nicole R Regilio	Secretary	1 Apr 2015	Other	5473403
Johnnie Price James	President	1 Oct 2016	Other	4295413
Linda Emilia Palonen	Shareholder	1 Jan 2019	Other	5705367
Stephen Edward Mackall	Owner	1 Jan 2111	Other	4097281

Based in Orlando

The principal office where Resource Consulting Group Inc performs its advisory services is located at 301 E. Pine Street, Suite 600, Orlando, FL 32801 The mailing address of the firm is P. O. Box 4930, Orlando, FL 32802 4930. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 407-422-0252 or by fax 407-649-8795. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at resourceconsulting.com.