RICHARD BROTHERS, FINANCIAL ADVISORS
ALLEGIANCE FINANCIAL GROUP, INC. Legal Name
Adviser information for RICHARD BROTHERS, FINANCIAL ADVISORS last updated from Form ADV on March 27th, 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Maine, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 4 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 3 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 410 | $126.3M |
| Non-Discretionary | 23 | $3.9M |
| Total | 433 | $130.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 132 | $37.6M |
| HNW Individuals | 44 | $87.9M |
| 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 | <5 | $2.6M |
| Charitable organizations | <5 | $1.1M |
| 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 | <5 | $948,637 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 17 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)CONSULTING SERVICES |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees% OF ASSETS UNDER ADVISEMENT |
Principal Office
50 DONALD B. DEAN DRIVESUITE ONE
SOUTH PORTLAND
ME
United States
Monday - Friday, 8-5PM
Tel: 207-879-2352, Fax: 207-879-2374
Chief Compliance Officer
RANDALL J. RICHARD
PRESIDENT
50 DONALD B DEAN DRIVE
SUITE ONE
SOUTH PORTLAND
ME
United States
Tel:
207-879-2352
Fax:
207-879-2374
R*******@***************************M
(Full email address available in API data)
Regulatory Contact
NEAL RICHARD
CHIEF OPERATING OFFICER
50 DONALD B DEAN DRIVE
SUITE ONE
SOUTH PORTLAND
ME
United States
Tel:
207-879-2352
Fax:
207-879-2374
N*******@***************************M
(Full email address available in API data)
Industry Affiliates
| RICHARD BROTHERS INSURANCE | Insurance company or agency |
| RICHARD BROTHERS SECURITIES | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| RICHARD, NEAL, PATRICK | Individual | – | MANAGING DIRECTOR | 04/1997 | 50-75% |
| RICHARD, RANDALL, JON | Individual | – | PRESIDENT & CHIEF COMPLIANCE OFFICER | 09/1996 | 50-75% |