Ancora Retirement Plan Advisors Inc. is a large advisory firm based in Cleveland. It manages $430.94 million of regulatory assets for 158 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Louisiana, Ohio, and Texas.
Ancora Retirement Plan Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ancora Retirement Plan Advisors Inc. is $430.94 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Ancora Retirement Plan Advisors 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.
The firm provides services to investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of William Michael Koenig is corporations or other businesses with 123 clients and $420.92 million of assets under management. Among the 10 most similar advisory firms, Ancora Retirement Plan Advisors has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $430.94 million for 158 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.
Ancora Retirement Plan Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
William Michael Koenig has been acting as President since 1 Jan 2018. Irene Renae Walters joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ancora Retirement Plan Advisors Inc. performs its advisory services is located at 6060 Parkland, Cleveland, OH 44124, 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 216-593-5090 or by fax 216-593-5091. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at ancora.net/ and its LinkedIn profile.