R.W. Roge & Company, Inc (Bohemia)

Name: R.W. Roge & Company, Inc
Address: One Corporate Drive, Bohemia, NY, 11716
Telephone: 631-218-0077

R.W. Roge & Company, Inc is a large advisory firm based in Bohemia. It manages $233.54 million of regulatory assets for 280 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, Massachusetts, and 4 other states.

R.W. Roge & Company provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

R.W. Roge & Company: assets under management

The assets under management (AUM) of R.W. Roge & Company, Inc is $233.54 million. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $223.71 million in discretionary accounts and $9.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $810.53 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.46 million.

R.W. Roge & Company has custody of $73.01 million in cash and securities for 104 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay R.W. Roge & Company, 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 R.W. Roge & Company serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of R.W. Roge & Company is high net worth individuals with 77 clients and $158.27 million of assets under management. Among the 10 most similar advisory firms, R.W. Roge & Company has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $233.54 million for 280 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.

R.W. Roge & Company doesn't advise any private funds.

Careers at R.W. Roge & Company, Inc

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Michael Roge	Portfolio manager	1 Feb 2005	Other	4866201
Rosanne Roge	Managing director	1 May 2005	Other	2314986
Ronald Roge	Chairman & ceo	1 Feb 2007	75% - 100%	2417205
Jeffrey Charles Roberto	Chief compliance officer	1 Jan 2009	Other	2387704
Susan Jeanne Roge	Chief compliance officer	1 Sep 2016	Other	4908203

Based in Bohemia

The principal office where R.W. Roge & Company, Inc performs its advisory services is located at One Corporate Drive, Bohemia, NY 11716, which is also the mailing address of the firm. An additional office of the firm is in Ipswich, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 631-218-0077 or by fax 631-218-0147. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rwroge.com.