Reinhardt Financial Services Inc (Lawrence)


Reinhardt Financial Services Inc is a large advisory firm based in Lawrence. It manages $242.14 million of regulatory assets for 1,688 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Kansas, Missouri, Nebraska, New Hampshire, and Texas.

Reinhardt Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Reinhardt Financial Services: assets under management

The assets under management (AUM) of Reinhardt Financial Services Inc is $242.14 million. The firm's AUM has grown by 167% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.13 million in discretionary accounts and $231.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $142.34 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reinhardt Financial Services Inc for their services and products based on hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cathy Ann Reinhardt serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Cathy Ann Reinhardt is high net worth individuals with 137 clients and $185.24 million of assets under management. Among the 11 most similar advisory firms, Reinhardt Financial Services has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $242.14 million for 238 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.

Reinhardt Financial Services doesn't advise any private funds.

Careers at Reinhardt Financial Services Inc

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.

Cathy Ann Reinhardt has been acting as President since 1 Jun 1992. Norman Arthur Stlaurent joined the executive team most recently as the Secretary/Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Cathy Ann Reinhardt President/chief compliance officer 1 Jun 1992 75% - 100% 1138937
Norman Arthur Stlaurent Secretary/treasurer 1 Jan 1996 Other 2770549

Based in Lawrence

The principal office where Reinhardt Financial Services Inc performs its advisory services is located at 211 E 8 Th Street, Ste E, Lawrence, KS 66044 2771, 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 785-843-4939 or by fax 785-843-5971. The normal business hours are 9:00 a.m. - 4:00 p.m. on Monday - Friday.