Ram Realty Advisors LLC (Palm Beach Gardens)


Ram Realty Advisors LLC is a large advisory firm based in Palm Beach Gardens. It manages $653.38 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida and North Carolina.

Ram Realty Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ram Realty Advisors: assets under management

The assets under management (AUM) of Ram Realty Advisors LLC is $653.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 137% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $653.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163.35 million each.
Ram Realty Advisors has custody of $653.38 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ram Realty Advisors LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Peter D. Cummings serves?

The only and largest group of clients of Peter D. Cummings is pooled investment vehicles with 4 clients and $653.38 million of assets under management. Among the 6 most similar advisory firms, Ram Realty Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $653.38 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Ram Realty Advisors also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Ram Realty Advisors LLC

The company employs 42 people that are either part- or full-time employees. 81 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.

Peter D. Cummings has been acting as President since 1 Jan 2008. James W. Stine has served as the Chief Investment Officer since 1 Oct 2010 and Keith L. Cummings is the Chief Executive Officer of Ram Realty Advisors LLC family office. Brianna L. Ellis joined the executive team most recently as the Vice President Of Numbers.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ivy Z. Greaner Chief operating officer 1 Nov 2007 Other 6019072
Michael R. Hammon Chief development officer 1 Nov 2007 Other 6019088
Peter D. Cummings Chairman 1 Jan 2008 Other 5801407
Keith L. Cummings Chief executive officer 1 Jan 2010 Other 6019018
James W. Stine Chief investment officer 1 Oct 2010 Other 6019090
Karen D. Geller Executive vice president general counsel 1 Jun 2011 Other 6019092
Robert M. Skinner President of commercial development 1 Jun 2011 Other 6019095
Brianna L. Ellis Director of fund accounting/chief compliance officer 1 Nov 2011 Other 6018404
Ram Realty Services Llc Member 1 Dec 2012 75% - 100% 46-1498966
Ram Rh Llc Owner 1 Dec 2012 75% - 100% 46-1967331
Brianna L. Ellis Fund controller/cco 1 Mar 2014 Other 6018404
Hugo Pacanins Managing director, multifamily 1 Oct 2014 Other 6472705
Jennifer Stull Wise Managing director, asset management 1 Oct 2014 Other 6472708
Brianna L. Ellis Vice president of numbers 1 Jan 2019 Other 6018404

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Keith L. Cummings Ceo 1 Dec 2012 50% - 75% 6019018
Peter D. Cummings Chairman 1 Dec 2012 50% - 75% 5801407

Based in Palm Beach Gardens

The principal office where Ram Realty Advisors LLC performs its advisory services is located at 4801 Pga Boulevard, Palm Beach Gardens, FL 33418, 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 561-282-4600 or by fax 561-630-6717. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at ramrealestate.com/ and its LinkedIn profile.