The Rudd Company, LLC (Ft. Worth)

Name: The Rudd Company, LLC
Address: 1300 S. University Dr.,, Ft. Worth, TX, 76107
Telephone: 817-605-7833

The Rudd Company, LLC is a large advisory firm based in Ft. Worth. It manages $113.29 million of regulatory assets for 549 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Oklahoma, and Texas.

The Rudd Company provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, publication of newsletters, and consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Rudd Company: assets under management

The assets under management (AUM) of The Rudd Company, LLC is $113.29 million. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.82 million in discretionary accounts and $12.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $244.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $91.04 thousand.

The Rudd Company has custody of $314.73 thousand in cash and securities for 1 client 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 30% of the total AUM. The second-largest asset type is state and local bonds, which make up 28% of the firm’s portfolio. Investments in non-exchange traded securities form 26% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Rudd Company, 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 Joshua Aaron Rudd serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joshua Aaron Rudd is individuals with 244 clients and $72.73 million of assets under management. Among the 10 most similar advisory firms, The Rudd Company has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $106.65 million for 257 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.

The Rudd Company doesn't advise any private funds.

Careers at The Rudd Company, LLC

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Aaron Rudd	Member/president/cco	1 Jul 2017	75% - 100%	4591173

Based in Ft. Worth

The principal office where The Rudd Company, LLC performs its advisory services is located at 1300 S. University Dr.,, Ft. Worth, TX 76107, 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 817-605-7833 or by fax 855-377-0419. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at theruddcompany.com.