R. S. Crum, Inc. (Newport Beach)

Name: R. S. Crum, Inc.
Address: 4 Upper Newport Plaza Drive, Newport Beach, CA, 92660
Telephone: 949-428-9696

R. S. Crum, Inc. is a large advisory firm based in Newport Beach. It manages $444.59 million of regulatory assets for 832 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.

R. S. Crum provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

R. S. Crum: assets under management

The assets under management (AUM) of R. S. Crum, Inc. is $444.59 million. The firm's AUM has grown by 114% since the beginning of its operation, and $1.19 million of the total AUM is attributable to clients outside of the United States.

The firm manages $434.54 million in discretionary accounts and $10.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $540.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $358.8 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 14% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R. S. Crum, Inc. for their services and products based on a percentage of assets under management 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 R. S. Crum serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of R. S. Crum is high net worth individuals with 128 clients and $386.62 million of assets under management. Among the 8 most similar advisory firms, R. S. Crum has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $442.73 million for 267 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.

R. S. Crum doesn't advise any private funds.

Careers at R. S. Crum, Inc.

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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 compensates 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
Mark Kendall Rylance	Ceo	1 Jul 2011	50% - 75%	3029730
Jon Robert Theriault	Cfo	1 Jul 2011	25% - 50%	4297295
Daniel Eric Sexton	Chief compliance officer	1 Jul 2011	Other	5314524
The Theriault Family Trust Dtd 10/05/2007	Shareholder	1 Jul 2011	25% - 50%	xxx-xx-xxxx
The Rylance Family Trust Dtd 9/29/2003	Shareholder	1 Jul 2011	50% - 75%	xxx-xx-xxxx
Holly Jean Rylance	Trustee of the rylance family trust dtd 9/29/2003	1 Jul 2011	50% - 75%	6765078
Kirsten Katherine Theriault	Trustee of the theriault family trust dtd 10/05/2007	1 Jul 2011	25% - 50%	6765085
Daniel And Kristina Sexton Family Living Trust Of 2016 Dtd 06/29/2016	Shareholder	1 Dec 2016	Other	xxx-xx-xxxx
Kristina Lara Sexton	Trustee of daniel and kristina sexton family living trust of 2016 dtd 06/29/2016	1 Dec 2016	Other	6765090

Based in Newport Beach

The principal office where R. S. Crum, Inc. performs its advisory services is located at 4 Upper Newport Plaza Drive, Newport Beach, CA 92660, 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 949-428-9696 or by fax 949-428-9680. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at rscrum.com.