R. F. Lafferty & Co., Inc. (New York)

Name: R. F. Lafferty & Co., Inc.
Address: 40 Wall Street, New York, NY, 10005
Telephone: 212-293-9090

R. F. Lafferty & Co., Inc. is a mid-sized advisory firm based in New York. It manages $85.53 million of regulatory assets for 153 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Connecticut, Delaware, and 12 other states.

R. F. Lafferty & Co. provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

R. F. Lafferty & Co.: assets under management

The assets under management (AUM) of R. F. Lafferty & Co., Inc. is $85.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 159% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $85.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $559 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is government bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R. F. Lafferty & Co., Inc. for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients R. F. Lafferty & Co. serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of R. F. Lafferty & Co. is corporations or other businesses with 15 clients and $46.19 million of assets under management. Among the 4 most similar advisory firms, R. F. Lafferty & Co. has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $85.53 million for 153 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.

R. F. Lafferty & Co. doesn't advise any private funds.

Careers at R. F. Lafferty & Co., Inc.

The company employs 75 people that are either part- or full-time employees. 9 percent of the employees work as investment advisers or researchers. 10 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Henry Hackel	President, chief compliance officer of broker dealer	1 Oct 1980	75% - 100%	232894
Debbie Hackel	Vice president	1 Oct 1980	Other	1482028
Robert Matthew Hackel	Vice president, chief compliance officer of ria	1 Mar 2010	Other	2626413

Based in New York

The principal office where R. F. Lafferty & Co., Inc. performs its advisory services is located at 40 Wall Street, New York, NY 10005, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-293-9090 or by fax 212-344-0138. The normal business hours are 8:00 am -5:00 pm on Monday - Friday. You can find more information about the New York firm at rflafferty.com.