Richard Young Associates, Ltd. is a large advisory firm based in Augusta. It manages $377.21 million of regulatory assets for 2,760 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, California, Florida, and 8 other states.
Richard Young Associates provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Richard Young Associates, Ltd. is $377.21 million. The firm's AUM has grown by 235% since the beginning of its operation, and $246.89 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Richard Young Associates, Ltd. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Walter Stephen Marbert is individuals with 978 clients and $212.38 million of assets under management. Among the 10 most similar advisory firms, Richard Young Associates has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $372.56 million for 1,075 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Richard Young Associates doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Walter Stephen Marbert has been acting as President since 1 Jul 2002. Kathryn O. Marbert joined the executive team most recently as the Member/Shareholder.
The principal office where Richard Young Associates, Ltd. performs its advisory services is located at 205 Hudson Trace, Augusta, GA 30907, 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 706-739-0725 or by fax 706-739-0366. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at moneymd.net and its LinkedIn profile.