Rainey & Randall Investment Management, Inc. (Celebration)


Rainey & Randall Investment Management, Inc. is a large advisory firm based in Celebration. It manages $290.53 million of regulatory assets for 648 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, Georgia, and 11 other states.

Rainey & Randall Investment Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rainey & Randall Investment Management: assets under management

The assets under management (AUM) of Rainey & Randall Investment Management, Inc. is $290.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 847% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $290.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $448.36 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 32% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 26% of the firm’s portfolio. Investments in non-exchange traded securities form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rainey & Randall Investment Management, Inc. 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 Wayne Frederick Randall serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Wayne Frederick Randall is high net worth individuals with 73 clients and $242.02 million of assets under management. Among the 13 most similar advisory firms, Rainey & Randall Investment Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $290.53 million for 224 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.

Rainey & Randall Investment Management doesn't advise any private funds.

Careers at Rainey & Randall Investment Management, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Wayne Frederick Randall has been acting as President since 1 Jun 1999. Marisa Stolf Prevatt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Dale Rainey Chief executive officer 1 Jun 1999 50% - 75% 2316398
Wayne Frederick Randall President 1 Jun 1999 50% - 75% 2173538
Robert Dale Case Chief compliance officer 1 Oct 2004 Other 1571934
Marisa Stolf Prevatt Chief compliance officer 1 Jan 2014 Other 5629919

Based in Celebration

The principal office where Rainey & Randall Investment Management, Inc. performs its advisory services is located at 610 Sycamore Street, Celebration, FL 34747, 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 727-344-7711 or by fax 866-422-3227. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at raineyrandall.com.