The Capital Group Fiduciary Advisors, LLC (Cranston)


The Capital Group Fiduciary Advisors, LLC is a large advisory firm based in Cranston. It manages $96.73 million of regulatory assets for 244 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, and Rhode Island.

The Capital Group Fiduciary Advisors provides financial planning services, portfolio management for individuals and small businesses, 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.

The Capital Group Fiduciary Advisors: assets under management

The assets under management (AUM) of The Capital Group Fiduciary Advisors, LLC is $96.73 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $396.45 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Capital Group Fiduciary Advisors, 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 The Capital Group Fiduciary Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of The Capital Group Fiduciary Advisors is individuals with 212 clients and $49.57 million of assets under management. Among the 8 most similar advisory firms, The Capital Group Fiduciary Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $96.73 million for 244 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.

The Capital Group Fiduciary Advisors doesn't advise any private funds.

Careers at The Capital Group Fiduciary Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 John Radoccia Managing member/chief compliance officer 1 Feb 2018 75% - 100% 2591278

Based in Cranston

The principal office where The Capital Group Fiduciary Advisors, LLC performs its advisory services is located at 1220 Pontiac Ave, Cranston, RI 02920, 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 401-943-2210 or by fax 401-943-2252. The normal business hours are 8:30am-5:00pm on Monday - Friday.