The Retirement Planning Company Of New England, Inc. (Warwick)

Name: The Retirement Planning Company Of New England, Inc.
Address: 1287 Post Road, Warwick, RI, 02888
Telephone: 401-453-5558

The Retirement Planning Company Of New England, Inc. is a large advisory firm based in Warwick. It manages $142.14 million of regulatory assets for 620 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Colorado, Connecticut, Florida, and 3 other states.

The Retirement Planning Company Of New England 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 Retirement Planning Company Of New England: assets under management

The assets under management (AUM) of The Retirement Planning Company Of New England, Inc. is $142.14 million. The firm's AUM has grown by 42% since the beginning of its operation, and $1.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $131.93 million in discretionary accounts and $10.21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $231.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $208.29 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in investment grade corporate bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Retirement Planning Company Of New England, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients David William Allaire serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of David William Allaire is individuals with 374 clients and $71.93 million of assets under management. Among the 9 most similar advisory firms, The Retirement Planning Company Of New England has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $141.91 million for 434 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

The Retirement Planning Company Of New England doesn't advise any private funds.

Careers at The Retirement Planning Company Of New England, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 4 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.

David William Allaire has been acting as President since 1 Apr 1996. Sotirios Mike Pappas joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David William Allaire	President	1 Apr 1996	75% - 100%	1906408
Sotirios Mike Pappas	Chief compliance officer	1 May 2001	Other	3203303

Based in Warwick

The principal office where The Retirement Planning Company Of New England, Inc. performs its advisory services is located at 1287 Post Road, Warwick, RI 02888, 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 401-453-5558 or by fax 401-421-1451. The normal business hours are 9:30-4:00 on Monday - Friday. You can find more information about the New York firm at retirementplanningco.com.