Riverbanc LLC is a large advisory firm based in Charlotte. It manages $379.56 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of North Carolina.
Riverbanc provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and security ratings or pricing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Riverbanc LLC is $379.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Riverbanc LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.
Llc New York Mortgage Funding joined the executive team most recently as the Member.
The principal office where Riverbanc LLC performs its advisory services is located at 227 West Trade Street, Charlotte, NC 28202 1725, 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 980-224-4180 or by fax 1-855-826-1639. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at riverbanc.com.