Rudney Associates, Inc. (Alamo)

Name: Rudney Associates, Inc.
Address: 1499 Danville Blvd, Suite 250, Alamo, CA, 94507
Telephone: 925-838-0696

Rudney Associates, Inc. is a large advisory firm based in Alamo. It manages $413.64 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California and Texas.

Rudney Associates provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting 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.

Rudney Associates: assets under management

The assets under management (AUM) of Rudney Associates, Inc. is $413.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $413.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.74 million each.

Rudney Associates has custody of $37.33 million in cash and securities for 5 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 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rudney Associates, Inc. for their services and products based on a percentage of assets under management. 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 Eric Allan Rudney 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 Eric Allan Rudney is high net worth individuals with 165 clients and $317.41 million of assets under management. Among the 9 most similar advisory firms, Rudney Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $413.64 million for 238 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.

Rudney Associates doesn't advise any private funds.

Careers at Rudney Associates, Inc.

The company employs 2 people that are either part- or full-time employees. 50 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Eric Allan Rudney has been acting as President since 1 Jan 1983. Ashley Kathleen Kirk joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric Allan Rudney	President/owner	1 Jan 1983	75% - 100%	1221291
Eric Allan Rudney	President	1 Jan 2004	75% - 100%	1221291
Ashley Kathleen Kirk	Chief compliance officer	1 May 2012	Other	2751440

Based in Alamo

The principal office where Rudney Associates, Inc. performs its advisory services is located at 1499 Danville Blvd, Suite 250, Alamo, CA 94507, 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 925-838-0696 or by fax 925-838-9574. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at rudneyassociates.com.