Snider Retirement Strategies, Inc. (Bellevue)

Name: Snider Retirement Strategies, Inc.
Address: 12505 Bel Red Road, Bellevue, WA, 98005
Telephone: 425-453-7080

Snider Retirement Strategies, Inc. is a large advisory firm based in Bellevue. It manages $103.85 million of regulatory assets for 474 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, Oregon, Texas, and Washington.

Snider Retirement Strategies provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Snider Retirement Strategies: assets under management

The assets under management (AUM) of Snider Retirement Strategies, Inc. is $103.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $219.1 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Snider Retirement Strategies, 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 Monte Lee Snider serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Monte Lee Snider is high net worth individuals with 31 clients and $63.03 million of assets under management. Among the 8 most similar advisory firms, Snider Retirement Strategies has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $101.39 million for 171 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.

Snider Retirement Strategies doesn't advise any private funds.

Careers at Snider Retirement Strategies, Inc.

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Monte Lee Snider	President/chief compliance officer	1 Jun 2001	75% - 100%	2244934

Based in Bellevue

The principal office where Snider Retirement Strategies, Inc. performs its advisory services is located at 12505 Bel Red Road, Bellevue, WA 98005, 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 425-453-7080 or by fax 425-453-5498. The normal business hours are 8:00a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at sniderfinancialgroup.com.