Strategic Point Investment Advisors LLC is a large advisory firm based in Providence. It manages $588.28 million of regulatory assets for 2,282 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Connecticut, Florida, and 10 other states.
Strategic Point Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Strategic Point Investment Advisors LLC is $588.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 170% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Strategic Point Investment Advisors LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of David Francis Brochu is high net worth individuals with 210 clients and $355.14 million of assets under management. Among the 11 most similar advisory firms, Strategic Point Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $583.78 million for 739 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.
Strategic Point Investment Advisors doesn't advise any private funds.
The company employs 14 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
David Francis Brochu has been acting as President since 1 Dec 2002. Focus Financial Partners Inc. joined the executive team most recently as the Member.
The principal office where Strategic Point Investment Advisors LLC performs its advisory services is located at 294 West Exchange Street, Providence, RI 02903 1004, which is also the mailing address of the firm. An additional office of the firm is in East Greenwich, RI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 401-273-1500 or by fax 401-273-8987. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at strategicpoint.com.