Marketriders, Inc. (Chesterfield)
Marketriders, Inc. is a multi-state adviser based in Chesterfield. It manages $5.66 million of regulatory assets for 121 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 28 other states.
Marketriders provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and software used to self-manage accounts. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Marketriders: assets under management
The assets under management (AUM) of Marketriders, Inc. is $5.66 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -80% since the beginning of its operation, and $414.44 thousand of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Marketriders, Inc. for their services and products based on a percentage of assets under management and subscription 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 Mitchell Jay Tuchman serves?
The only and largest group of clients of Mitchell Jay Tuchman is individuals with 121 clients and $5.66 million of assets under management. Among the 3 most similar advisory firms, Marketriders has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $5.66 million for 121 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.
Marketriders doesn't advise any private funds.
Careers at Marketriders, Inc.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mitchell Jay Tuchman has been acting as President since 1 Aug 2008. Mark Brandon Green joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 5 indirect owners.Based in Chesterfield
The principal office where Marketriders, Inc. performs its advisory services is located at 1 Mcbride & Son Center Dr., Chesterfield, MO 63005, 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 (866) 990-3837 or by fax 636-778-9423. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at marketriders.com.
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