Signet Investment Advisory Group, Inc. (Providence)

Signet Investment Advisory Group, Inc. is a large advisory firm based in Providence. It manages $205.12 million of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Colorado, Connecticut, Florida, and 7 other states.

Signet Investment Advisory Group 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.

Signet Investment Advisory Group: assets under management

The assets under management (AUM) of Signet Investment Advisory Group, Inc. is $205.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 246% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $205.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.35 million each.

Signet Investment Advisory Group has custody of $85.75 million in cash and securities for 81 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 18% of the firm’s portfolio. Investments in government bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Signet Investment Advisory Group, 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 Roberta Marie Capuano serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Roberta Marie Capuano is high net worth individuals with 108 clients and $191.43 million of assets under management. Among the 6 most similar advisory firms, Signet Investment Advisory Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $205.12 million for 163 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.

Signet Investment Advisory Group doesn't advise any private funds.

Careers at Signet Investment Advisory Group, Inc.

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Roberta Marie Capuano has been acting as President since 1 Sep 2002. Roberta Capuano joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Roberta Marie Capuano	President/chief compliance officer	1 Sep 2002	75% - 100%	2088390
Roberta Capuano	President	1 Sep 2002	75% - 100%	2088390

Based in Providence

The principal office where Signet Investment Advisory Group, Inc. performs its advisory services is located at 101 Dyer Street, Suite 3 C, 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 401-621-2221 or by fax 401-621-2291. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday.