Bender Robert L Inc (Pasadena)


Bender Robert L Inc is a large advisory firm based in Pasadena. It manages $212.19 million of regulatory assets for 322 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Louisiana, and 4 other states.

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Bender Robert L provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bender Robert L: assets under management

The assets under management (AUM) of Bender Robert L Inc is $212.19 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $212.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $658.96 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bender Robert L Inc for their services and products based on a percentage of assets under management. 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 Bender Robert L serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bender Robert L is high net worth individuals with 58 clients and $138.89 million of assets under management. Among the 9 most similar advisory firms, Bender Robert L has the 3rd highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $212.19 million for 322 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.

Bender Robert L doesn't advise any private funds.

Careers at Bender Robert L Inc

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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
Robert L. Bender President, chief executive officer 1 Jun 1978 75% - 100% 4372711
Robert Lloyd Bender President, chief executive officer 1 Jun 1978 75% - 100% 4372711
Sandra L. Bender Secretary 1 Jun 1978 Other 4372713
Catherine Marie Emmett Chief compliance officer 1 Oct 2004 Other 5029492
Reed G. Bender Secretary 1 Nov 2014 Other 4650588
Reed Gavin Bender Secretary 1 Nov 2014 Other 4650588

Based in Pasadena

The principal office where Bender Robert L Inc performs its advisory services is located at 199 S. Los Robles Avenue, Pasadena, CA 91101, 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 626-397-9072 or by fax 626-397-9090. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at robertbender.com.