Ram Trust Services Inc (Portland)

Name: Ram Trust Services Inc
Address: 45 Exchange Street, Portland, ME, 04101
Telephone: 207-775-2354

Ram Trust Services Inc is a large advisory firm based in Portland. It manages $373.68 million of regulatory assets for 810 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Maine, and 4 other states.

Ram Trust Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ram Trust Services: assets under management

The assets under management (AUM) of Ram Trust Services Inc is $373.68 million. The firm's AUM has grown by 106% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $274.48 million in discretionary accounts and $99.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $437.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $542.09 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ram Trust Services Inc for their services and products based on a percentage of assets under management 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.

Careers at Ram Trust Services Inc

Robert Augustus Gardner Monks has been acting as President since 1 Apr 1995. Karen Constance Lowell joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Stanley Schaffner	Director, treasurer	1 Jul 1983	Other	2201985
John Peabody Monks Higgins	Director, president	1 Feb 1993	75% - 100%	2201983
Robert Augustus Gardner Monks	Director	1 Apr 1995	Other	3129993
William Fletcher Knowles Monks	Director	1 Apr 1995	Other	3129991
Karen Constance Lowell	Chief operating officer, director	1 Sep 1997	Other	2201981
Sandra Ann Ward	Chief compliance officer	1 Jul 2004	Other	4896773
Karen Constance Lowell	Director	1 Sep 2004	Other	2201981

Based in Portland

The principal office where Ram Trust Services Inc performs its advisory services is located at 45 Exchange Street, Portland, ME 04101, 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 207-775-2354 or by fax 207-775-4289. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.ramtrust.com.