Rodgers & Associates, Ltd. (Lancaster)

Name: Rodgers & Associates, Ltd.
Address: 2025 Lititz Pike, Lancaster, PA, 17601
Telephone: 717-560-3800

Rodgers & Associates, Ltd. is a large advisory firm based in Lancaster. It manages $862.59 million of regulatory assets for 3,025 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, Delaware, Florida, and 7 other states.

Rodgers & Associates provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rodgers & Associates: assets under management

The assets under management (AUM) of Rodgers & Associates, Ltd. is $862.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 239% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $862.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $285.15 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 62% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rodgers & Associates, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed 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.

What kind of clients Rick Lee Rodgers serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rick Lee Rodgers is high net worth individuals with 328 clients and $575.2 million of assets under management. Among the 11 most similar advisory firms, Rodgers & Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $862.59 million for 869 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.

Rodgers & Associates doesn't advise any private funds.

Careers at Rodgers & Associates, Ltd.

The company employs 15 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 9 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 don’t receive compensation from other entities for client referrals.

Rick Lee Rodgers has been acting as President since 1 Dec 1996. Susan Lee Connors joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rick Lee Rodgers	President	1 Dec 1996	50% - 75%	1247022
Rick L Rodgers	President, chief compliance officer	1 Dec 1996	75% - 100%	1247022
Jessica Lee Rodgers	Treasurer, office manager	1 Dec 1996	25% - 50%	2075777
Sandra Horst Skrodinsky	Director	1 Jul 2003	Other	2142216
Sandra H Skrodinsky	Secretary, director	1 Jul 2003	Other	2142216
Mark Abram Eisenberger	Director	1 Jun 2005	Other	1940722
Jessica Lee Rodgers	General manager / treasurer	1 Sep 2008	25% - 50%	2075777
Sandra Horst Skrodinsky	Chief compliance officer	1 Jan 2012	Other	2142216
Michael Scott Helveston	Director of adviser services	1 Sep 2015	Other	3208618
Michael Scott Helveston	Director	1 Jan 2017	Other	3208618
Susan Lee Connors	Director	1 Jan 2018	Other	4451255

Based in Lancaster

The principal office where Rodgers & Associates, Ltd. performs its advisory services is located at 2025 Lititz Pike, Lancaster, PA 17601, 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 717-560-3800 or by fax 717-581-1435. The normal business hours are monday - thursday 8:00 am - 5:00 pm, friday 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at rodgers-associates.com.