Rootstock Investment Management, LLC. (Sewickley)

Name: Rootstock Investment Management, LLC.
Address: 2605 Nicholson Road, Sewickley, PA, 15143
Telephone: 412-205-8822

Rootstock Investment Management, LLC. is a large advisory firm based in Sewickley. It manages $350.99 million of regulatory assets for 211 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Pennsylvania and Texas.

Rootstock Investment Management 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 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rootstock Investment Management: assets under management

The assets under management (AUM) of Rootstock Investment Management, LLC. is $350.99 million. The firm's AUM has grown by 82% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $141.39 million in discretionary accounts and $209.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.21 million.

Rootstock Investment Management has custody of $95.47 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is investment and business development companies, which make up 19% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rootstock Investment Management, LLC. for their services and products based on a percentage of assets under management and fixed fees. 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 Rootstock Investment Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Rootstock Investment Management is high net worth individuals with 21 clients and $345.6 million of assets under management. Among the 7 most similar advisory firms, Rootstock Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $350.99 million for 37 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.

Rootstock Investment Management doesn't advise any private funds.

Careers at Rootstock Investment 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 James Simpson	Managing member, cco	1 Apr 2013	75% - 100%	2281029

Based in Sewickley

The principal office where Rootstock Investment Management, LLC. performs its advisory services is located at 2605 Nicholson Road, Sewickley, PA 15143, 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 412-205-8822. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at rootstockwealth.com and its LinkedIn profile.