Rydex Advisory Services, LLC (Rockville)

Name: Rydex Advisory Services, LLC
Address: 9601 Blackwell Road, Rockville, MD, 20850
Telephone: 301-296-5100

Rydex Advisory Services, LLC is a large advisory firm based in Rockville. It manages $204.47 million of regulatory assets for 3,124 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Rydex Advisory Services provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rydex Advisory Services: assets under management

The assets under management (AUM) of Rydex Advisory Services, LLC is $204.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 482% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $204.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $65.45 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rydex Advisory Services, LLC 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.

Careers at Rydex Advisory Services, LLC

Michael Paul Byrum has been acting as President since 1 Aug 2004. Richard Mark Goldman joined the executive team most recently as the Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carl Gerard Verboncoeur	Chief executive officer	1 Aug 2004	Other	1371808
Michael Paul Byrum	President	1 Aug 2004	Other	2254181
Noah Hamman	Vice president and chief compliance officer	1 Aug 2004	Other	2193633
Llc Rydex Advisory Services	Owner	1 Aug 2004	75% - 100%	132735
Llc Rydex Advisors Ii	Member	1 Aug 2004	75% - 100%	106351
Kevin M Farragher	Senior vice president and chief compliance officer	1 Jan 2006	Other	4231961
Kevin Michael Mcgovern	Vice president	1 Jul 2006	Other	1745533
Jason Saul Rosenberg	Chief compliance officer	1 Jul 2006	Other	2703958
Leigh Allison Charley	Chief compliance officer	1 Aug 2007	Other	4177832
Joanna Marie Catalucci	Chief compliance officer	1 Sep 2008	Other	4148421
Joanna Marie Haigney	Chief compliance officer	1 Sep 2008	Other	4148421
Richard Mark Goldman	President	1 Nov 2009	Other	4408256
John Forest Frye	Treasurer	1 Nov 2009	Other	5573869
Richard Mark Goldman	Ceo	1 Jul 2010	Other	4408256
Michael Paul Byrum	President & chief investment officer	1 Jul 2010	Other	2254181
Nikolaos Bonos	Sr. vice president	1 Jul 2010	Other	4145475
Keith Arthur Fletcher	Sr. vice president	1 Jul 2010	Other	735212
Amy Jo Lee	Sr. vice president & secretary	1 Jul 2010	Other	1161869
John Joseph Linnehan	Sr. vice president & cfo	1 Jul 2010	Other	2308361
Marc Claude Zeitoun	Sr. vice president	1 Jul 2010	Other	2639942
Lisa Michelle Young	Assistant treasurer	1 Jul 2010	Other	2596425
Amanda Joy Kiefer	Assistant secretary	1 Jul 2010	Other	5090355
Francois Coeytaux	Assoc. chief compliance officer	1 Jul 2010	Other	4359245
Joseph Marvel Arruda	Vice president	1 Jul 2010	Other	4625312
Brenda Marie Harwood	Vice president	1 Jul 2010	Other	1522593

Indirect Owners

The SEC currently registers 24 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Security Benefit Corporation	Shareholder	1 Jul 1998	75% - 100%	48-1202239
Security Benefit Mutual Holding Company	Shareholder	1 Jul 1998	75% - 100%	48-6356867
2003 Dynamic Irrevocable Trust	Shareholder	1 Apr 2002	75% - 100%	xxx-xx-xxxx
2003 Irrevocable Trust For Family Of Skip Viragh	Shareholder	1 Apr 2002	75% - 100%	xxx-xx-xxxx
Katherine Anne Viragh	Trustee	1 Dec 2003	25% - 50%	4756989
Mark Stephen Viragh	Trustee	1 Dec 2003	25% - 50%	4361344
Roger Edward Young	Trustee	1 Dec 2003	25% - 50%	4757001
Padco Advisors Ii Inc	Owner	1 Aug 2004	75% - 100%	106351
2003 Dynamic Irrevocable Trust	Shareholder	1 Dec 2005	75% - 100%	xxx-xx-xxxx
Inc. Rydex Holdings	Shareholder	1 Dec 2005	75% - 100%	20-3841107
Inc. Rydex Nv	Shareholder	1 Dec 2006	75% - 100%	71-1018378
2003 Irrevocable Family Trust For The Family Of Skip Viragh	Shareholder	1 Dec 2006	25% - 50%	25-6842157
Llc Rydex Holdings	Shareholder	1 Jan 2008	75% - 100%	26-0614356
Security Benefit Life Insurance Company	Shareholder	1 Jan 2008	50% - 75%	48-0409770
Security Benefit Corporation	Shareholder	1 Jan 2008	25% - 50%	48-1202239
Security Benefit Corporation	Member	1 Jun 2010	75% - 100%	48-1202239
Llc Security Benefit Asset Management	Member	1 Jun 2010	75% - 100%	27-3066166
Howard Rudolph Fricke	Manager	1 Jun 2010	75% - 100%	1472257
Llc Guggenheim Sbc Holdings	Shareholder	1 Jul 2010	75% - 100%	27-1974054
Llc Eldridge Investors	100% membership interest	1 Jul 2010	75% - 100%	27-1973901
Llc Guggenheim Knights Of Security	Managing member	1 Jul 2010	75% - 100%	94-3489008
Llc Guggenheim Lawrence	Managing member	1 Jul 2010	75% - 100%	94-3489008
Llc Sb Kansas Investors	80% membership interest	1 Jul 2010	75% - 100%	27-1967140
Robert Patton	Member	1 Jul 2010	75% - 100%	5840546

Based in Rockville

The principal office where Rydex Advisory Services, LLC performs its advisory services is located at 9601 Blackwell Road, Rockville, MD 20850, 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 301-296-5100 or by fax 301-296-5117. The normal business hours are 8:30 to 5:30 on Monday - Friday. You can find more information about the New York firm at rydexadvisoryservices.com/.