Rogan & Associates, Inc. (Safety Harbor)

Name: Rogan & Associates, Inc.
Address: 200 9 Th Avenue North, Safety Harbor, FL, 34695
Telephone: 727-712-3400

Rogan & Associates, Inc. is a large advisory firm based in Safety Harbor. It manages $319 million of regulatory assets for 2,625 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Louisiana, New York, Tennessee, and Texas.

Rogan & Associates provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for approximately 600 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rogan & Associates: assets under management

The assets under management (AUM) of Rogan & Associates, Inc. is $319 million. The firm's AUM has grown by 120% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $153.12 million in discretionary accounts and $165.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $107.92 thousand.

Rogan & Associates has custody of $16.3 million in cash and securities for 124 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael Gerard Rogan is individuals with 571 clients and $280.72 million of assets under management. Among the 9 most similar advisory firms, Rogan & Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $319 million for 634 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.

Rogan & Associates doesn't advise any private funds.

Careers at Rogan & Associates, Inc.

The company employs 13 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 5 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 receive compensation from other entities for client referrals.

Michael Gerard Rogan has been acting as President since 1 Jan 1997. Ana R Carter joined the executive team most recently as the Finop.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Gerard Rogan	President/ceo/cfo/msp/rosfp/sole officer/sole shareholder	1 Jan 1997	75% - 100%	1503029
Edwin Robinson Foss	Chief compliance officer, aml compliance officer, general securities principal	1 Jul 2004	Other	1334662
Ana R Carter	Finop	1 Mar 2019	Other	4424794

Based in Safety Harbor

The principal office where Rogan & Associates, Inc. performs its advisory services is located at 200 9 Th Avenue North, Safety Harbor, FL 34695, which is also the mailing address of the firm. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 727-712-3400 or by fax 727-712-3113. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at roganfinancial.com.