Rehmann Capital Advisory Group, LLC (Lansing)

Rehmann Capital Advisory Group, LLC is a large advisory firm based in Lansing. It manages $1.98 billion of regulatory assets for 4,917 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Arizona, California, and 26 other states.

Rehmann Capital Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rehmann Capital Advisory Group: assets under management

The assets under management (AUM) of Rehmann Capital Advisory Group, LLC is $1.98 billion. The firm's AUM has grown by 4395% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.46 billion in discretionary accounts and $521 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $315.71 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.73 million.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in government bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rehmann Capital Advisory Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Rehmann Capital Advisory Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rehmann Capital Advisory Group is high net worth individuals with 615 clients and $991 million of assets under management. Among the 10 most similar advisory firms, Rehmann Capital Advisory Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.98 billion for 2,338 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.

Rehmann Capital Advisory Group doesn't advise any private funds.

Careers at Rehmann Capital Advisory Group, LLC

The company employs 35 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 35 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Jeffrey James Phillips has served as the Chief Investment Officer since 1 Jan 2009 and Frederick John Schaard is the Chief Executive Officer of Rehmann Capital Advisory Group, LLC family office. Amy E Flourry joined the executive team most recently as the Chief Operations Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 3 indirect owners.

Based in Lansing

The principal office where Rehmann Capital Advisory Group, LLC performs its advisory services is located at 4086 Legacy Parkway, Lansing, MI 48911 4261, which is also the mailing address of the firm. An additional office of the firm is in Troy, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 517-316-2400 or by fax 517-316-2401. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at rehmannfinancial.com.

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