Ge Ratte Asset Management LLC (Honolulu)


Ge Ratte Asset Management LLC is a large advisory firm based in Honolulu. It manages $158 million of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Connecticut, Hawaii, and New York.

Ge Ratte Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ge Ratte Asset Management: assets under management

The assets under management (AUM) of Ge Ratte Asset Management LLC is $158 million. The firm's AUM has gone down by -29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58 million in discretionary accounts and $100 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100 million.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment and business development companies, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ge Ratte Asset Management LLC 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 Ge Ratte Asset Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ge Ratte Asset Management is high net worth individuals with 15 clients and $50 million of assets under management. Among the 5 most similar advisory firms, Ge Ratte Asset Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $58 million for 29 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.

Ge Ratte Asset Management doesn't advise any private funds.

Careers at Ge Ratte Asset Management LLC

The company employs 3 people that are either part- or full-time employees. 67 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
Gregory Emmett Ratté President, chief investment officer 1 Feb 2013 75% - 100% 2191346
Gregory Emmett Ratte President, chief investment officer and chief compliance officer 1 Feb 2013 75% - 100% 2191346
Ellen Ratte Principal, chief operating officer 1 Dec 2013 Other 2255247
Diana Priscilla Wehrly Chief compliance officer, investment advisor representative 1 May 2015 Other 1455490
Teri L. Holomalia Chief compliance officer 1 Feb 2016 Other 6620111

Based in Honolulu

The principal office where Ge Ratte Asset Management LLC performs its advisory services is located at 1003 Bishop St, Honolulu, HI 96813, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 8082088088 or by fax 8082088081. The normal business hours are 7-4 on Monday - Friday. You can find more information about the New York firm at geratte.com/.