Ross, Sinclaire & Associates, LLC (Cincinnati)


Ross, Sinclaire & Associates, LLC is a large advisory firm based in Cincinnati. It manages $747.79 million of regulatory assets for 1,486 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Ross, Sinclaire & Associates provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and banks and thrifts. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ross, Sinclaire & Associates: assets under management

The assets under management (AUM) of Ross, Sinclaire & Associates, LLC is $747.79 million. The firm's AUM has grown by 1577% since the beginning of its operation, and $124.38 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $717.76 million in discretionary accounts and $30.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $491.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.16 million.
Ross, Sinclaire & Associates has custody of $65.06 million in cash and securities for 81 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 70% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 24% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ross, Sinclaire & Associates, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Ross, Sinclaire & Associates serves?

The firm provides services to individuals, other investment advisers, and high net worth individuals. The largest group of clients of Ross, Sinclaire & Associates is other investment advisers with 407 clients and $298.18 million of assets under management. Among the 9 most similar advisory firms, Ross, Sinclaire & Associates has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $712.34 million for 1,477 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.

Ross, Sinclaire & Associates doesn't advise any private funds.

Careers at Ross, Sinclaire & Associates, LLC

The company employs 16 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 15 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.

Peter Paul Baden has served as the Chief Investment Officer since 1 Mar 2013. Thomas Raymond Sr Williams joined the executive team most recently as the Executive Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc Fto Member 1 Oct 2005 Other 20-2462771
Beverly Ann Kennedy Rop/ vice president 1 Oct 2005 Other 1500033
Inc. Lnt Holding Member 1 Oct 2005 Other 20-2462848
Fred Thomas Overbeck Manager 1 Oct 2005 Other 4895534
Sinclaire & Associates Inc. Ross Member 1 Oct 2005 75% - 100% 31-1280917
Murray Jr Sinclaire Manager/ceo 1 Oct 2005 Other 1365335
Larry Nelson Jr Taul Manager 1 Oct 2005 Other 2166909
Inc Bgn Member 1 Oct 2005 Other 20-2462917
Brian Gregory Nurick Manager 1 Oct 2005 Other 2860371
Sharon Ann Sharp Fnop 1 Oct 2005 Other 1438144
Andy John Armstrong Chief compliance officer 1 Sep 2008 Other 4448534
Peter Paul Baden Chief investment officer 1 Mar 2013 Other 2184899
Karl A Mr Spisak Fnop 1 Dec 2013 Other 5206890
Andrew S Warning Chief compliance officer 1 Mar 2014 Other 3211861
Thomas Raymond Sr Williams Executive officer 1 Jan 2018 Other 3176294

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Murray Jr Sinclaire Shareholder, president/ceo compliance officer 1 Sep 1989 50% - 75% 1365335
Fred Thomas Overbeck Shareholder 1 Dec 2004 75% - 100% 4895534
Larry Nelson Jr Taul Shareholder 1 Dec 2004 75% - 100% 2166909
Brian Gregory Nurick Shareholder 1 Dec 2004 75% - 100% 2860371

Based in Cincinnati

The principal office where Ross, Sinclaire & Associates, LLC performs its advisory services is located at 700 Walnut Street, Cincinnati, OH 45202 2027, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 513-381-3939 or by fax 513-381-0124. The normal business hours are 8:30 am to 5:00pm est on Monday - Friday. You can find more information about the New York firm at rsanet.com.