The Renaissance Group LLC is a large advisory firm based in Covington. It manages $3.11 billion of regulatory assets for 1,087 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
The Renaissance Group provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. 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 The Renaissance Group LLC is $3.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 180% since the beginning of its operation, and $43.55 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The Renaissance Group LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of The Renaissance Group is investment companies with 2 clients and $956.98 million of assets under management. Among the 9 most similar advisory firms, The Renaissance Group has the 4th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.48 billion for 275 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
The Renaissance Group doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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 receive compensation from other entities for client referrals.
The principal office where The Renaissance Group LLC performs its advisory services is located at 50 E. Rivercenter Blvd., Covington, KY 41011, 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 513-723-4500 or by fax 513-723-4512. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at reninv.com.