Cohen Ronna Sue (Cottonwood Heights)


Cohen Ronna Sue is a large advisory firm based in Cottonwood Heights. It manages $201.1 million of regulatory assets for 412 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Cohen Ronna Sue provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cohen Ronna Sue: assets under management

The assets under management (AUM) of Cohen Ronna Sue is $201.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 259% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $201.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $488.11 thousand each.

Investments

The firm invests in other assets the most. They account for 81% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cohen Ronna Sue for their services and products based on a percentage of assets under management. 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 Ronna Sue Cohen serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Ronna Sue Cohen is high net worth individuals with 77 clients and $196.98 million of assets under management. Among the 10 most similar advisory firms, Cohen Ronna Sue has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $201.1 million for 102 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.

Cohen Ronna Sue doesn't advise any private funds.

Careers at Cohen Ronna Sue

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Ronna Sue Cohen President/chief compliance officer 1 Apr 1992 75% - 100% 1201515

Based in Cottonwood Heights

The principal office where Cohen Ronna Sue performs its advisory services is located at 3661 Macintosh Lane, Cottonwood Heights, UT 84121, which is also the mailing address of the firm. An additional office of the firm is in Grand Rapids, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 801-733-9470 or by fax 801-733-5016. The normal business hours are 8 am - 4 pm on Monday - Friday. You can find more information about the New York firm at silverlakeadvisory.com.