Rossjohnson & Associates, LLC (Plymouth)

Name: Rossjohnson & Associates, LLC
Address: 3380 Annapolis Lane, Plymouth, MN, 55447
Telephone: 763-560-2127

Rossjohnson & Associates, LLC is an adviser based in Plymouth. It manages $91.36 million of regulatory assets for 233 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Michigan and Minnesota.

Rossjohnson & Associates provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rossjohnson & Associates: assets under management

The assets under management (AUM) of Rossjohnson & Associates, LLC is $91.36 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $87.62 million in discretionary accounts and $3.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $249.68 thousand.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rossjohnson & Associates, LLC 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.

What kind of clients Rossjohnson & Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rossjohnson & Associates is high net worth individuals with 34 clients and $57.46 million of assets under management. Among the 5 most similar advisory firms, Rossjohnson & Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $91.36 million for 218 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.

Rossjohnson & Associates doesn't advise any private funds.

Careers at Rossjohnson & Associates, 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. 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
Anthony R Johnson	Managing member & chief compliance officer	1 Jun 1998	50% - 75%	2712955
Patrick Terrence Ross	Member	1 Jun 1998	50% - 75%	2387120

Based in Plymouth

The principal office where Rossjohnson & Associates, LLC performs its advisory services is located at 3380 Annapolis Lane, Plymouth, MN 55447, 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 763-560-2127 or by fax N/A. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at rossjohnsonweb.com.