David R. Rahn & Associates Inc. (Port Of Redwood City)


David R. Rahn & Associates Inc. is a large advisory firm based in Port Of Redwood City. It manages $200.78 million of regulatory assets for 270 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Louisiana, and Texas.

David R. Rahn & Associates provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

David R. Rahn & Associates: assets under management

The assets under management (AUM) of David R. Rahn & Associates Inc. is $200.78 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $200.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $743.61 thousand each.
David R. Rahn & Associates has custody of $6.62 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of David Richard Rahn is high net worth individuals with 66 clients and $178.28 million of assets under management. Among the 11 most similar advisory firms, David R. Rahn & Associates has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $200.78 million for 114 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.

David R. Rahn & Associates doesn't advise any private funds.

Careers at David R. Rahn & Associates Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

David Richard Rahn has been acting as President since 1 Mar 2016. The Carol H. Erario Trust U/A Dtd 10/1/1996 joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Richard Rahn President/cfo/secretary/director 1 May 1992 25% - 50% 1760728
William Daniel Oberman Vice president/chief compliance officer/portfolio manager 1 Jul 1992 Other 2411446
Clara Basile Vice president/portfolio manager 1 Jul 1992 Other 1939862
The Herrick Family Trust Shareholder 1 Feb 1993 Other xxx-xx-xxxx
The Carol H. Erario Trust U/A Dtd 10/1/1996 Shareholder 1 Jun 2002 Other xxx-xx-xxxx
David Richard Rahn President/secretary 1 Mar 2016 25% - 50% 1760728
Clara Basile Chief executive officer/chief financial officer 1 Mar 2016 25% - 50% 1939862

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Tracy G Herrick Trustee 1 Jul 1994 50% - 75% 1520095
Maie Kaarsoo Herrick Trustee 1 Jul 1994 50% - 75% 4362265
Carol Lynn Harris Erario Trustee 1 Oct 1996 75% - 100% 4362822

Based in Port Of Redwood City

The principal office where David R. Rahn & Associates Inc. performs its advisory services is located at 495 Seaport Court Ste 106, Port Of Redwood City, CA 94063 2785, 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 650-306-1500 or by fax 650-306-1499. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at avaloncapital.com.