Strategic Point Retirement Plan Services LLC (Providence)


Strategic Point Retirement Plan Services LLC is a pension cosultant based in Providence. It manages $8.24 million of regulatory assets for 254 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Massachusetts and Rhode Island.

Strategic Point Retirement Plan Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Strategic Point Retirement Plan Services: assets under management

The assets under management (AUM) of Strategic Point Retirement Plan Services LLC is $8.24 million. The firm's AUM has gone down by -46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.03 million in discretionary accounts and $214.27 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.57 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Strategic Point Retirement Plan Services LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Strategic Point Retirement Plan Services LLC

David Francis Brochu has been acting as President since 1 Dec 2002. Richard Joseph Anzelone joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Francis Brochu President/director 1 Dec 2002 Other 1164857
Jill Schlesinger Vice president/director 1 Dec 2002 Other 2587365
Douglas B Stotz Director 1 Dec 2002 Other 4236980
Progressive Financial Strategies Llc Member 1 Dec 2002 75% - 100% 05-0514499
Douglas Birt Stotz Director 1 Dec 2002 Other 4236980
Richard Joseph Anzelone Chief compliance officer 1 Jul 2005 Other 4252619

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Francis Brochu Shareholder 1 Aug 1991 25% - 50% 1164857
Jill Schlesinger Shareholder 1 Jul 1996 25% - 50% 2587365
Fleet Boston Shareholder 1 Oct 1999 75% - 100% 05-0341324
Inc. Financial Strategies Shareholder 1 Oct 2002 50% - 75% 05-0500250
Inc. Bancboston Investments Shareholder 1 Oct 2002 25% - 50% 04-2784232

Based in Providence

The principal office where Strategic Point Retirement Plan Services LLC performs its advisory services is located at 220 West Exchange Street, Providence, RI 02903, 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 401-273-1500 or by fax 401-273-8987. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.sprps.com.