Richview Advisors LLC (Dayton)

Name: Richview Advisors LLC
Address: 3110 Kettering Boulevard, Dayton, OH, 45439 1924
Telephone: 937-294-7409

Richview Advisors LLC is a mid-sized advisory firm based in Dayton. It manages $52.92 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Ohio.

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

Richview Advisors: assets under management

The assets under management (AUM) of Richview Advisors LLC is $52.92 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $52.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.64 million each.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Richview Advisors 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 Richview Advisors serves?

The only and largest group of clients of Richview Advisors is pooled investment vehicles with 1 clients and $8.51 million of assets under management. Among the 4 most similar advisory firms, Richview Advisors has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.51 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Richview Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Richview Advisors 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 Carl Guiney	President, chief compliance officer and member	1 Dec 2010	50% - 75%	6562980
Ronald Gregory True	Vice president and member	1 Dec 2010	25% - 50%	2358936
Robert C. Guiney	President and chief compliance officer	1 Dec 2010	50% - 75%	6562980

Based in Dayton

The principal office where Richview Advisors LLC performs its advisory services is located at 3110 Kettering Boulevard, Dayton, OH 45439 1924, 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 937-294-7409. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at richviewadvisors.com.