The Roosevelt Investment Group, Inc (New York)


The Roosevelt Investment Group, Inc is a large advisory firm based in New York. It manages $2.12 billion of regulatory assets for 4,416 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

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

The Roosevelt Investment Group: assets under management

The assets under management (AUM) of The Roosevelt Investment Group, Inc is $2.12 billion. The firm's AUM has grown by 347% since the beginning of its operation, and $39.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.99 billion in discretionary accounts and $129.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $453.08 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.41 million.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay The Roosevelt Investment Group, Inc for their services and products based on a percentage of assets under management. 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 James Christian Rogers 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 James Christian Rogers is individuals with 4,015 clients and $1.42 billion of assets under management. Among the 13 most similar advisory firms, The Roosevelt Investment Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.12 billion for 4,416 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

The Roosevelt Investment Group doesn't advise any private funds.

Careers at The Roosevelt Investment Group, Inc

The company employs 36 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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 receive compensation from other entities for client referrals.

James Christian Rogers has been acting as President since 1 Oct 2013. Hsia 2011 Revocable Trust joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Arthur Howard Sheer Chairman and cio 1 Nov 1990 75% - 100% 1450672
Jason Micah Sheer Shareholder 1 Dec 1998 Other 5290753
Barbara A Sheer Director 1 Jan 2002 Other 6463343
Barbara Ann Sheer Director 1 Jan 2002 Other 6463343
Sven Erik Hsia Shareholder 1 Mar 2002 Other 251764
Donald John Guarino Shareholder 1 Mar 2002 Other 4555619
Bernard Spear Shareholder 1 Mar 2002 Other 1235117
Tweed Roosevelt Shareholder 1 Mar 2002 Other 1851278
David Sheer Director 1 Mar 2002 Other 4373414
Adam Sheer President 1 Mar 2002 Other 2605605
L. David Sheer Director 1 Mar 2002 Other 4373414
Adam Jonathan Sheer President 1 Mar 2002 Other 2605605
Jason Micah Sheer Analyst 1 Jul 2005 Other 5290753
L. David Sheer Cfo 1 Jan 2006 Other 4373414
Robert Lawrence Meyer Shareholder 1 Dec 2006 Other 333229
Steven Weiss Chief compliance officer 1 Jul 2008 Other 5501942
James Christian Rogers National sales manager 1 Jan 2009 Other 1624145
David Chalfin Managing director 1 Feb 2010 Other 6061464
Howard Steven Potter Managing director 1 Oct 2011 Other 1324316
Vijay Kumar Chopra Managing director 1 Jan 2012 Other 4603416
Leila B Heckman Managing director 1 Jan 2012 Other 2030240
John James Mullin Managing director 1 Jan 2012 Other 2511230
L. David Sheer Co-ceo 1 Aug 2013 Other 4373414
Adam Jonathan Sheer Co-ceo 1 Aug 2013 Other 2605605
James Christian Rogers President 1 Oct 2013 Other 1624145
Steven Weiss Chief compliance officer, chief operating officer 1 Jan 2015 Other 5501942
David Chalfin Chief financial officer, managing director 1 Jan 2015 Other 6061464
Steven Kenneth Weiss Chief compliance officer, chief operating officer 1 Jan 2015 Other 5501942
David Allan Chalfin Chief financial officer, managing director 1 Jan 2015 Other 6061464
Hsia 2011 Revocable Trust Shareholder 1 Nov 2016 Other xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Ay Whang Ong Hsia Trustee 1 Nov 2016 75% - 100% 6824299

Based in New York

The principal office where The Roosevelt Investment Group, Inc performs its advisory services is located at 730 Third Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Providence, RI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-452-6700 or by fax 212-599-1916. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at rooseveltinvestments.com/.