Rerc, LLC (Waverly)


Rerc, LLC is a pension cosultant based in Waverly. It has been registered with the SEC as an adviser since 2014.

Rerc provides pension consulting services, publication of newsletters, and independent fiduciary services for collective investment funds of erisa plans. real estate advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rerc, LLC for their services and products based on hourly charges, subscription fees, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kenneth Paul Riggs serves?

The firm provides services to pension and profit sharing plans and state or municipal government entities. The largest group of clients of Kenneth Paul Riggs is pension and profit sharing plans with 2 clients and $0 of assets under management. Among the 3 most similar advisory firms, Rerc has the highest percentage of pension and profit sharing plans out of all clients.

1% of the firm’s clients are foreign persons or businesses.

Rerc doesn't advise any private funds.

Careers at Rerc, LLC

The company employs 98 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kenneth Paul Riggs has been acting as President since 1 Dec 1996. Lp Situsamc Group Holdings joined the executive team most recently as the Owner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kenneth Paul Riggs President/chief compliance officer 1 Dec 1996 Other 4721105
Situs Group Llc Owner 1 Feb 2014 75% - 100% 46-4901766

Indirect Owners

The SEC currently registers 16 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Wlr Sc Financing Conduit Owner 1 Jan 2013 25% - 50% 27-2822503
South Carolina Pension Fund Owner 1 Jan 2013 75% - 100% 57-604-2472
Llc Helios Ventures Owner 1 Jan 2013 25% - 50% 45-3360707
Rrep Ventures Llc Owner 1 Jan 2013 75% - 100% 27-4696156
Llc Hyperion Commercial Mortgage Services Owner 1 Jan 2013 50% - 75% 26-3544499
Ranieri Partners Llc Owner 1 Jan 2013 75% - 100% 74-3236487
Ranieri Real Estate Partners Lp Owner 1 Jan 2013 75% - 100% 27-2988602
Situs Group Holdings Corporation Owner 1 Mar 2015 75% - 100% 47-2614238
L.P. Situs Group Holdings Owner 1 Mar 2015 75% - 100% 47-2622598
Llc Situs Group Holdings Gp General partner 1 Mar 2015 Other 47-2639818
L.P. Trident Vi Partners 1 Mar 2015 25% - 50% 00-0000000
L.P. Trident Vi Parallel Partners 1 Mar 2015 25% - 50% 00-0000000
Lp Situsamc Group Holdings Owner 1 Jul 2019 75% - 100% 47-2622598
L.P. Trident Capital Vii Partners 1 Jul 2019 25% - 50% 00-0000000
L.P. Trident Capital Vi Partners 1 Jul 2019 25% - 50% 00-0000000
Situsamc Holdings Corporation Owner 1 Jul 2019 75% - 100% 84-2147948

Based in Waverly

The principal office where Rerc, LLC performs its advisory services is located at 1810 4 Th St. Sw, Waverly, IA 50677, which is also the mailing address of the firm. An additional office of the firm is in Parsippany, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 319-352-1500 or by fax 319-352-4050. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at rerc.com and its LinkedIn profile.