Resources Planning Group Inc (Chicago)

Resources Planning Group Inc is an adviser based in Chicago. It manages $38 million of regulatory assets for 240 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Indiana, and Ohio.

Resources Planning Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Resources Planning Group: assets under management

The assets under management (AUM) of Resources Planning Group Inc is $38 million. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $37 million in discretionary accounts and $1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $76.92 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resources Planning Group Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Resources Planning Group Inc

Terrance Richard Hennessy has been acting as President since 1 Jul 1987. Michael John Marietti joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph James Hennessy	Vice president	1 Jun 1986	50% - 75%	1380254
Terrance Richard Hennessy	President	1 Jun 1986	50% - 75%	1072712
Terrance Richard Hennessy	President	1 Jul 1987	50% - 75%	1072712
Joseph James Hennessy	Vice pres	1 Jun 1996	50% - 75%	1380254
Scott Andrew Lien	Chief compliance officer	1 Oct 2005	Other	2868051
Terrance Richard Hennessy	Chief compliance officer	1 Nov 2007	50% - 75%	1072712
Michael John Marietti	Chief compliance officer	1 Jul 2009	Other	1999823

Based in Chicago

The principal office where Resources Planning Group Inc performs its advisory services is located at 150 N Wacker Dr, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in South Bend, IN. It doesn’t run an office outside of the United States.