ROYAL OAK FINANCIAL ADVISORS, LLC
Adviser information for ROYAL OAK FINANCIAL ADVISORS, LLC last updated from Form ADV on March 20th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 5 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,251 | $250.0M |
| Non-Discretionary | 0 | $0 |
| Total | 1,251 | $250.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 670 | $193.9M |
| HNW Individuals | 38 | $56.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $124,000 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting services |
|---|---|
| Compensation | % of AUM |
Identifiers
| SEC RIA File Number | 801-114096 |
|---|---|
| SEC ERA File Number | 801-114096 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 290152 |
| Legal Entity Identifier | None |
Principal Office
1709 CROOKS ROADROYAL OAK
MI
United States
Monday - Friday, BY APPOINTMENT ONLY
Tel: 248-709-6134, Fax: None
Chief Compliance Officer
PAUL ERICKSON
MANAGING MEMBER/CCO
1709 CROOKS ROAD
ROYAL OAK
MI
United States
Tel:
248-709-6134
P***@****************************M
(Full email address available in API data)
Regulatory Contact
ROBERT MULCAHY
MANAGING MEMBER
1709 CROOKS ROAD
ROYAL OAK
MI
United States
Tel:
(248) 709-6134
R**@****************************M
(Full email address available in API data)
Industry Affiliates
| PAUL E. ERICKSON | Insurance company or agency |
| ROBERT MULCAHY | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MULCAHY, ROBERT, CHARLES | Individual | – | PRINCIPAL | 10/2017 | 50-75% |
| ERICKSON, PAUL, EDGAR | Individual | – | PRINCIPAL/CCO | 10/2017 | 50-75% |
| WESTWOOD, JAMES, BRENDAHL | Individual | – | PRINCIPAL | 01/2019 | < 5% |