Sage, Rutty & Co., Inc. (Rochester)

Name: Sage, Rutty & Co., Inc.
Address: 100 Corporate Woods, Rochester, NY, 14623
Telephone: 585-232-3760

Sage, Rutty & Co., Inc. is a large advisory firm based in Rochester. It manages $1.09 billion of regulatory assets for 4,225 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Sage, Rutty & Co. provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sage, Rutty & Co.: assets under management

The assets under management (AUM) of Sage, Rutty & Co., Inc. is $1.09 billion. The firm's AUM has grown by 865% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $40.78 million in discretionary accounts and $1.05 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $306.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $255.65 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in non-exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sage, Rutty & Co., Inc. 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 Peter Clark Bourne serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Peter Clark Bourne is individuals with 3,483 clients and $878.49 million of assets under management. Among the 13 most similar advisory firms, Sage, Rutty & Co. has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.09 billion for 4,225 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.

Sage, Rutty & Co. doesn't advise any private funds.

Careers at Sage, Rutty & Co., Inc.

The company employs 25 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 25 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.

Peter Clark Bourne has been acting as President since 1 Jan 1998. Robert Lawrence Lohwater joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Foster Holly	Chairman, director	1 Mar 1955	50% - 75%	248865
William Esli Easton	Director	1 Jan 1974	Other	1479209
John R Riedman	Director	1 Oct 1977	Other	1479219
Wayne Foster Holly	Chairman(4-20-04), president, director, ceo, shareholder	1 Jan 1980	25% - 50%	1019229
Canandaigua National Bank	Shareholder	1 Jan 1985	Other	16-0373410
Sebastian Anthony Dipasquale	Shareholder	1 Feb 1987	Other	xxx-xx-xxxx
James Henry Mcbride	Vice president, admin, compliance	1 May 1988	Other	1319851
Fred Edward Strauss	Director	1 Apr 1990	Other	2057867
Hazel Elizabeth Fyfe	Shareholder	1 Oct 1993	Other	2451960
Judy Hulbert Holly	Shareholder	1 Jan 1994	Other	xxx-xx-xxxx
Judy Holly	Shareholder	1 Jan 1994	Other	xxx-xx-xxxx
James Paul Burke	Secretary, vice president, shareholder	1 Oct 1996	Other	2226672
Robert John Falvey	Vice president	1 Oct 1996	Other	1926374
Peter Clark Bourne	Director	1 Jan 1998	Other	xxx-xx-xxxx
Audrey Weller Holly	Shareholder	1 Oct 1999	Other	xxx-xx-xxxx
Audrey Holly	Shareholder	1 Oct 1999	25% - 50%	xxx-xx-xxxx
Audrey W Holly	Shareholder	1 Oct 1999	Other	xxx-xx-xxxx
Anne Clair Catillaz	Vice president of operations, corporate vice president	1 May 2000	Other	1793300
Renee Marie Rombaut	Chief compliance officer	1 Mar 2001	Other	2551675
Renee Marie Rombaut O'keefe	Chief compliance officer, compliance registered options principal	1 Mar 2001	Other	2551675
Alan Roy	Shareholder	1 Jan 2003	Other	xxx-xx-xxxx
Curt Allen Ehrlich	Senior vice president, financial advisor, shareholder	1 Apr 2003	Other	4659166
Sandra Jean Wehner	Financial consultant, corporate vice president, shareholder	1 Mar 2005	Other	1472675
Robert John Falvey	Municipal principal/shareholder	1 Mar 2005	Other	1926374
Susan Holly Roy	Shareholder	1 Jan 2006	Other	xxx-xx-xxxx
Linda Holly Nash	Shareholder	1 Jan 2006	Other	xxx-xx-xxxx
Robert John Falvey	Shareholder (10/1996), director	1 Jun 2006	Other	1926374
Douglas Evans Iii Parker	Director, shareholder	1 Jun 2006	Other	1772713
Douglas E Iii Parker	Director	1 Jun 2006	Other	1772713
Gary Eugene Stirk	Chief compliance officer	1 Jun 2006	Other	2330949
Terri Fogarty Rumans	Compliance manager	1 Feb 2007	Other	2574833
Jeffrey Charles Jones	Director	1 May 2007	Other	xxx-xx-xxxx
Jeffrey Jones	Director	1 May 2007	Other	xxx-xx-xxxx
Terri Fogarty Rumans	Chief compliance officer	1 Jun 2007	Other	2574833
Mark Nash	Shareholder	1 Dec 2008	Other	xxx-xx-xxxx
Terri Fogarty Rumans	Chief compliance officer, rosfp	1 Jan 2009	Other	2574833
Justin Dean Stevens	Vice president, financial advisor, shareholder	1 Feb 2009	Other	5544125
Ralph Joseph Dandrea	Director	1 Mar 2009	Other	xxx-xx-xxxx
Winsome Pamela Carter	Vice president, financial adviser, shareholder	1 Mar 2009	Other	2347219
Peter Shaw O'keefe	Senior vice president, financial advisor, shareholder	1 Apr 2009	Other	1021195
Matthew James Lacey	Controller,treasurer, finop	1 May 2009	Other	5299622
Matthew J Lacey	Controller, finop	1 May 2009	Other	5299622
Linda Holly Nash	Shareholder	1 Dec 2009	Other	xxx-xx-xxxx
Kim Lisbeth Nugent	Vice president, financial advisor, shareholder	1 Jul 2010	Other	4759283
Kim L Nugent	Vice president, financial advisor, shareholder	1 Jul 2010	Other	4759283
Robert Lawrence Lohwater	Chief compliance officer	1 Mar 2014	Other	1232267

Based in Rochester

The principal office where Sage, Rutty & Co., Inc. performs its advisory services is located at 100 Corporate Woods, Rochester, NY 14623, 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 585-232-3760 or by fax 866-902-0273. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at sagerutty.com/.