Ruggie Capital Group, LLC (Tavares)

Name: Ruggie Capital Group, LLC
Address: 2100 Lake Eustis Dr., Tavares, FL, 32778
Telephone: 352-343-2700

Ruggie Capital Group, LLC is a large advisory firm based in Tavares. It manages $219.73 million of regulatory assets for 432 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Florida, Georgia, and 5 other states.

Ruggie Capital Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ruggie Capital Group: assets under management

The assets under management (AUM) of Ruggie Capital Group, LLC is $219.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $508.64 thousand each.

Ruggie Capital Group has custody of $94.52 million in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ruggie Capital Group, LLC for their services and products based on a percentage of assets under management, hourly charges, 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 Thomas Huey Ruggie serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Thomas Huey Ruggie is high net worth individuals with 16 clients and $108.93 million of assets under management. Among the 10 most similar advisory firms, Ruggie Capital Group has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $216.02 million for 380 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.

Ruggie Capital Group also advises several private funds.

Careers at Ruggie Capital Group, LLC

The company employs 15 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 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.

Thomas Huey Ruggie has been acting as President since 1 Jun 2008. Anthony Franklin Van Ore joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Huey Ruggie	President/chief executive officer/chief compliance officer	1 Jun 2008	Other	2193305
Llc Panormos Capital Group	Owner	1 Mar 2018	75% - 100%	82-1801213
Robert Liddell Clark	Member	1 Jun 2018	Other	4191125
Llc Carson Group Holdings	Owner	1 Jul 2018	25% - 50%	37-1808406
Anthony Franklin Van Ore	Chief operating officer	1 Mar 2019	Other	3028693

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Huey Ruggie	Member	1 Jun 2017	75% - 100%	2193305

Based in Tavares

The principal office where Ruggie Capital Group, LLC performs its advisory services is located at 2100 Lake Eustis Dr., Tavares, FL 32778, which is also the mailing address of the firm. An additional office of the firm is in Winter Park, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 352-343-2700 or by fax 352-742-2607. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rw-direct.com.