Robert Priske, LLC (Honolulu)

Name: Robert Priske, LLC
Address: 4211 Waialae Ave. Ste. 201, Honolulu, HI, 96816 5312
Telephone: 735-8882

Robert Priske, LLC is a large advisory firm based in Honolulu. It manages $93.88 million of regulatory assets for 115 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Hawaii.

Robert Priske provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Robert Priske: assets under management

The assets under management (AUM) of Robert Priske, LLC is $93.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $93.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $816.38 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is government bonds, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Robert Priske, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Robert Priske serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Robert Priske is high net worth individuals with 81 clients and $79.66 million of assets under management. Among the 4 most similar advisory firms, Robert Priske has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $93.88 million for 115 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.

Robert Priske doesn't advise any private funds.

Careers at Robert Priske, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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
Robert Daniel Priske	Advisor & chief compliance officer	1 Jul 1987	75% - 100%	1185926

Based in Honolulu

The principal office where Robert Priske, LLC performs its advisory services is located at 4211 Waialae Ave. Ste. 201, Honolulu, HI 96816 5312, 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 735-8882. The normal business hours are 9:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at robertpriske.com.