Sigma Planning Corporation (Ann Arbor)

Name: Sigma Planning Corporation
Address: 300 Parkland Plaza, Ann Arbor, MI, 48103
Telephone: 734-663-1611

Sigma Planning Corporation is a large advisory firm based in Ann Arbor. It manages $3.6 billion of regulatory assets for 23,132 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Sigma Planning Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, educational seminars and workshops, and consultation services. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sigma Planning Corporation: assets under management

The assets under management (AUM) of Sigma Planning Corporation is $3.6 billion. The firm's AUM has grown by 156% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.59 billion in discretionary accounts and $8.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $155.22 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.75 million.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sigma Planning Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jerome Stanley Rydell serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jerome Stanley Rydell is individuals with 20,723 clients and $2.65 billion of assets under management. Among the 8 most similar advisory firms, Sigma Planning Corporation has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $3.6 billion for 23,132 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.

Sigma Planning Corporation doesn't advise any private funds.

Careers at Sigma Planning Corporation

The company employs 729 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 719 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.

Jerome Stanley Rydell has been acting as President since 1 Oct 1983. Anthony Santo Bacarella joined the executive team most recently as the Director Of Case Planning.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jerome Stanley Rydell	President	1 Oct 1983	75% - 100%	408389
John Alexander Mcclellan	Chief compliance officer	1 Dec 2007	Other	4016479
Anthony Santo Bacarella	Director of case planning	1 Jan 2009	Other	2503482

Based in Ann Arbor

The principal office where Sigma Planning Corporation performs its advisory services is located at 300 Parkland Plaza, Ann Arbor, MI 48103, which is also the mailing address of the firm. An additional office of the firm is in Honolulu, HI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 734-663-1611 or by fax 734-663-0213. The normal business hours are 9am-5pm e.t. on Monday - Friday. You can find more information about the New York firm at sigmafinancial.com.