Real Estate Management Services Group, LLC (Naples)


Real Estate Management Services Group, LLC is a large advisory firm based in Naples. It manages $339.58 million of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida, Georgia, and Pennsylvania.

Real Estate Management Services Group provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Real Estate Management Services Group: assets under management

The assets under management (AUM) of Real Estate Management Services Group, LLC is $339.58 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $339.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.98 million each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Real Estate Management Services Group, 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.

What kind of clients Real Estate Management Services Group serves?

The firm provides services to insurance companies, investment companies, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Real Estate Management Services Group is investment companies with 3 clients and $189.92 million of assets under management. Among the 12 most similar advisory firms, Real Estate Management Services Group has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $339.58 million for 20 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.

Real Estate Management Services Group doesn't advise any private funds.

Careers at Real Estate Management Services Group, LLC

The company employs 10 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 isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Edward Wright Turville Managing member 1 Mar 2002 25% - 50% 450881
John E. Webster President; member 1 May 2002 Other 4519284
John S. Whitaker Member 1 May 2002 Other 4519288
Michael Haight Shelly Member 1 May 2002 Other 4519294
Beach Investment Management Llc. Member 1 May 2002 25% - 50% 140011
Jon David Dreith Senior vice president and member 1 May 2002 Other 2767083
Jessica Cecilia Tully Vice president; member 1 May 2002 Other 1176041
Llc Beach Investment Management Member 1 May 2002 25% - 50% 23-2944177
Nelson M Burr Chief compliance officer 1 Nov 2004 Other 2820805
Melissa Ann Mccaffrey Chief compliance officer 1 Mar 2006 Other 5123330
Melissa Ann Greve Chief compliance officer 1 Mar 2006 Other 5123330
Joan Elisabeth Beckner Chief compliance officer 1 Oct 2010 Other 5863732
Janet Marie Ryan Chief compliance officer 1 Nov 2018 Other 7042354
Quentin Nmn Velleley Executive vice president and chief investment officer 1 Apr 2019 Other 5056419
Marvin Harris Barge Chief compliance officer 1 Sep 2019 Other 4866470

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Thomas Earl Beach Managing member 1 Jan 1998 25% - 50% 1795713
Walter Thomas Beach Managing member 1 Jan 1998 75% - 100% 2324814

Based in Naples

The principal office where Real Estate Management Services Group, LLC performs its advisory services is located at 1100 Fifth Avenue South, Suite 305, Naples, FL 34102 6407, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-262-3017 or by fax 239-263-4572. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at remsgroup.com.