Hedge Fund Database

RICHMOND BROTHERS, INC.

Adviser information for RICHMOND BROTHERS, INC. last updated from Form ADV on March 29th, 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 Michigan, United States

Employees

Total Number of Employees 18
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 4
Licensed Agents of an Insurance Company 4
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2,092 $231.9M
Non-Discretionary 0 $0
Total 2,092 $231.9M

Clients

Type Number RAUM
Individuals 674 $111.6M
HNW Individuals 105 $111.9M
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 0 $0
Charitable organizations 5 $8.4M
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 0

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-72736
SEC ERA File Number 801-72736
SEC CIK Numbers 1698822, 1540462
SEC CRD Numbers 158916
Legal Entity Identifier None

Principal Office

3568 WILDWOOD AVENUE
JACKSON
MI
United States
Monday - Friday, MO - THU: 8 A.M. - 6 P.M. & FRI : 8 A.M. - 12 P.M.
Tel: (517) 435-4040, Fax: (517) 905-6030

Websites

twitter.com/richmondbrosinc www.youtube.com/channel/ucncgtff69exb0i02_ii75gg www.facebook.com/richmond.brothers/ www.linkedin.com/company/393013 www.richmondbrothers.com

Chief Compliance Officer

G. MATTHEW PIRNER
3568 WILDWOOD AVENUE
JACKSON
MI
United States
Tel: 517-435-4040
Fax: (517) 905-6030
(Full email address available in API data)

Regulatory Contact

TARA E FURNAS
VICE PRESIDENT
3568 WILDWOOD AVENUE
JACKSON
MI
United States
Tel: (517) 435-4040
Fax: (517) 905-6030
(Full email address available in API data)

Industry Affiliates

RBI PI MANAGER, LLC Sponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
RICHMOND, DAVID, SCOTT Individual – PRESIDENT 09/2011 50-75%
CURFMAN, MATTHEW, JEREMY Individual – SENIOR VICE PRESIDENT OF INVESTMENT SERVICES 09/2011 10-25%
PIRNER, GARY, MATTHEW Individual – CHIEF COMPLIANCE OFFICER 12/2018 < 5%

No. Employees, Historic

20100201920202021202220232024202513 on 11/4/201913 on 3/31/202013 on 6/30/202013 on 9/4/202016 on 3/30/202116 on 6/21/202116 on 9/29/202116 on 10/8/202117 on 3/31/202217 on 3/31/202317 on 10/11/202318 on 3/29/2024

RAUM, Historic

300M150M02019202020212022202320242025298810343 on 11/4/2019234041137 on 3/31/2020234041137 on 6/30/2020234041137 on 9/4/2020252806707 on 3/30/2021252806707 on 6/21/2021252806707 on 9/29/2021252806707 on 10/8/2021273548051 on 3/31/2022201459000 on 3/31/2023201459000 on 10/11/2023231900000 on 3/29/2024

No. Clients, Historic

90045002019202020212022202320242025786 on 11/4/2019758 on 3/31/2020758 on 6/30/2020758 on 9/4/2020811 on 3/30/2021811 on 6/21/2021811 on 9/29/2021811 on 10/8/2021749 on 3/31/2022728 on 3/31/2023728 on 10/11/2023784 on 3/29/2024

Holdings

From latest 13F, filed August 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALPHABET INC CAP STK CL C 364K 2K –
ALVOTECH ORDINARY SHARES 170K 14K –
AMAZON COM INC COM 541K 3K –
APPLE INC COM 6M 28K –
APPLIED THERAPEUTICS INC COM 289K 62K –
AXONICS INC COM 319K 5K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 5M 13K –
DURECT CORP COM NEW 1M 1M –
GUGGENHEIM STRATEGIC OPPORTU COM SBI 4M 297K –
HERON THERAPEUTICS INC COM 1M 357K –
INVESCO QQQ TR UNIT SER 1 19M 39K –
ISHARES TR CORE S&P500 ETF 494K 902 –
ISHARES TR ISHARES BIOTECH 1M 7K –
MCDONALDS CORP COM 242K 948 –
MICROSOFT CORP COM 2M 5K –
MIMEDX GROUP INC COM 6M 917K –
NUVEEN AMT FREE MUN CR INC F COM 549K 44K –
OCUPHIRE PHARMA INC COM 293K 191K –
ONCTERNAL THERAPEUTICS INC COM NEW 188K 25K –
PROSHARES TR ULTRAPRO QQQ 544K 7K –
ROCKWELL MED INC COM NEW 487K 277K –
SOFI TECHNOLOGIES INC COM 67K 10K –