Reis Investment Management, Inc. (Solana Beach)

Reis Investment Management, Inc. is a large advisory firm based in Solana Beach. It manages $123.64 million of regulatory assets for 230 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California and Washington.

Reis Investment Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Reis Investment Management: assets under management

The assets under management (AUM) of Reis Investment Management, Inc. is $123.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 123% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $537.56 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is government bonds, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

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

What kind of clients Reis Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Reis Investment Management is high net worth individuals with 39 clients and $119.17 million of assets under management. Among the 12 most similar advisory firms, Reis Investment Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $123.64 million for 56 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.

Reis Investment Management doesn't advise any private funds.

Careers at Reis Investment Management, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Clifford Reis	Ceo and chief compliance officer	1 May 2004	75% - 100%	2441554
Linda Davis Hart	Sec'y/vp	1 Jun 2004	Other	5067469

Based in Solana Beach

The principal office where Reis Investment Management, Inc. performs its advisory services is located at 1410 San Ignacio, Solana Beach, CA 92075 The mailing address of the firm is 2683 Via De La Valle, Del Mar, CA 92014. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 858-455-5522 or by fax 858-777-3350. The normal business hours are 9:00--4:30 on Monday - Friday.