Biechele Royce Advisors, Inc. is a large advisory firm based in Fishers. It manages $316.27 million of regulatory assets for 469 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Indiana, Kentucky, Missouri, and Ohio.
Biechele Royce Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Biechele Royce Advisors, Inc. is $316.27 million. The firm's AUM has grown by 589% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Biechele Royce Advisors, Inc. 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Justin B Whelan is individuals with 351 clients and $151.21 million of assets under management. Among the 11 most similar advisory firms, Biechele Royce Advisors has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $316.27 million for 465 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.
Biechele Royce Advisors also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.
The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Justin B Whelan has been acting as President since 1 Nov 1994. Thomas Andrew Barrett has served as the Chief Investment Officer since 1 Jul 2007. John Wendell Rosebrough joined the executive team most recently as the Advisor Representative.
The principal office where Biechele Royce Advisors, Inc. performs its advisory services is located at 11634 Maple Street, Suite 300, Fishers, IN 46038, 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 317-913-7000 or by fax 317-913-7020. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at biechele-royce.com.