Resource Investment Architects, Inc. (Petaluma)

Resource Investment Architects, Inc. is a large advisory firm based in Petaluma. It manages $285.64 million of regulatory assets for 1,629 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.

Resource Investment Architects provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and act as solicitor for managers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Resource Investment Architects: assets under management

The assets under management (AUM) of Resource Investment Architects, Inc. is $285.64 million. The firm's AUM has grown by 175% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $259.24 million in discretionary accounts and $26.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.01 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $233.63 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 29% of the firm’s portfolio. Investments in pooled investment vehicles form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resource Investment Architects, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Glen David Haddock serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Glen David Haddock is high net worth individuals with 188 clients and $154.93 million of assets under management. Among the 8 most similar advisory firms, Resource Investment Architects has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $285.64 million for 914 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.

Resource Investment Architects doesn't advise any private funds.

Careers at Resource Investment Architects, Inc.

The company employs 15 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. 8 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.

Glen David Haddock has been acting as President since 1 Nov 1989. Anthony James Duckworth joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Glen David Haddock	President	1 Nov 1989	75% - 100%	1141515
Anthony James Duckworth	Chief compliance officer	1 Nov 1989	Other	1865790

Based in Petaluma

The principal office where Resource Investment Architects, Inc. performs its advisory services is located at 11 Petaluma Blvd. N. Suite 205, Petaluma, CA 94952 3002, which is also the mailing address of the firm. An additional office of the firm is in Alamo, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 707-763-7861 or by fax 707-763-8005. The normal business hours are 9 - 4:00 on Monday - Friday.