Gordon Robert & Associates Inc (Springfield)

Name: Gordon Robert & Associates Inc
Address: 1201 S. Veterans Parkway Ste A, Springfield, IL, 62704
Telephone: 217-698-4844

Gordon Robert & Associates Inc is a large advisory firm based in Springfield. It manages $157.7 million of regulatory assets for 1,385 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Illinois.

Gordon Robert & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gordon Robert & Associates: assets under management

The assets under management (AUM) of Gordon Robert & Associates Inc is $157.7 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $6.87 million in discretionary accounts and $150.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $116.02 thousand.

Investments

The firm invests in non-exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gordon Robert & Associates Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Gordon Robert & Associates serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Gordon Robert & Associates is individuals with 606 clients and $108 million of assets under management. Among the 10 most similar advisory firms, Gordon Robert & Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $157.7 million for 637 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.

Gordon Robert & Associates doesn't advise any private funds.

Careers at Gordon Robert & Associates Inc

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Robert Allen Gordon	President & chief compliance officer	1 Aug 1983	75% - 100%	1216059
Richard Lee Stone	Director of operations	1 Sep 1990	Other	1479718
Nicholas Robert Gordon	Director of client development	1 Jun 2015	Other	5958087
Nicholas Gordon	Director of client development	1 Jun 2015	Other	5958087

Based in Springfield

The principal office where Gordon Robert & Associates Inc performs its advisory services is located at 1201 S. Veterans Parkway Ste A, Springfield, IL 62704, 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 217-698-4844 or by fax 217-698-4848. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at rga-advisors.com.