Rsm Mcgladrey LLC (Minneapolis)

Name: Rsm Mcgladrey LLC
Address: 801 Nicollet Mall, Minneapolis, MN, 55402 2526
Telephone: 612-376-9363

Rsm Mcgladrey LLC is a large advisory firm based in Minneapolis. It manages $4.16 billion of regulatory assets for 10,292 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Rsm Mcgladrey provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and advisory services including investment review and reporting of non-managed assets and retirement plan services to plans. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rsm Mcgladrey: assets under management

The assets under management (AUM) of Rsm Mcgladrey LLC is $4.16 billion. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.07 billion in discretionary accounts and $1.09 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $356.71 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $645.49 thousand.

Rsm Mcgladrey has custody of $8.2 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rsm Mcgladrey LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Rsm Mcgladrey LLC

William Charles Cobb has been acting as President since 1 May 2011. Inc. Rsm Mcgladrey Business Services joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Kenneth Rippberger	Chief compliance officer-wealth management	1 Nov 2004	Other	3131447
Vicki Lynn Lubben	Asst sec, clo wealth mgmt	1 Feb 2006	Other	2991965
Thomas Morton Phillips	Assistant treasurer	1 Jan 2008	Other	5564573
Dale Steven Phillips	Chief operations officer-wealth management	1 Mar 2008	Other	2080064
Rene Dennis Ordogne	Chief financial & operations officer	1 May 2010	Other	5009869
Rene Peter Fontaine	General counsel & secretary	1 May 2010	Other	4670239
Charles Elliott Andrews	President & chief operating officer & director	1 May 2010	Other	5705614
James Ryan Gamble	Assistant treasurer	1 Jul 2010	Other	2380527
William Charles Cobb	Director	1 May 2011	Other	5963128
Inc. Rsm Mcgladrey Business Services	Member	1 Nov 2011	75% - 100%	43-1811050
Llp Mcgladrey & Pullen	Member	1 Nov 2011	75% - 100%	42-0714325
Thomas Michael Kirley	Chief operations officer	1 Nov 2011	Other	4394294
Joseph M Adams	President and chief executive officer	1 Nov 2011	Other	5569051
Richard Leo Miller	General counsel and secretary	1 Nov 2011	Other	6008826
Ellen Elizabeth Burns	Assistant secretary	1 Nov 2011	Other	6008829
Thomas Raymond Berry	Assistant treasurer	1 Nov 2011	Other	6011073
Douglas Wayne Opheim	Chief financial officer and treasurer	1 Nov 2011	Other	4510305
Mcgladrey Llp	Member	1 Nov 2011	75% - 100%	42-0714325

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. H & R Block	Indirect owner	1 Jul 1955	75% - 100%	44-0607856
Inc. H & R Block Group	Indirect owner	1 Feb 2000	75% - 100%	51-0346232

Based in Minneapolis

The principal office where Rsm Mcgladrey LLC performs its advisory services is located at 801 Nicollet Mall, Minneapolis, MN 55402 2526, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-376-9363 or by fax 612-395-7400. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at www.mcgladrey.com/services/wealth-management.