Reinhardt Financial Services Inc (Lawrence)
Reinhardt Financial Services Inc Is a Large Advisory Firm Based in Lawrence. It Manages $242.14 Million of Regulatory Assets for 1,688 Client Accounts. It Has...
Reinhardt Financial Services Inc is a large advisory firm based in Lawrence. It manages $242.14 million of regulatory assets for 1,688 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Kansas, Missouri, Nebraska, New Hampshire, and Texas.
Reinhardt Financial Services provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Reinhardt Financial Services: assets under management
The assets under management (AUM) of Reinhardt Financial Services Inc is $242.14 million. The firm's AUM has grown by 167% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $11.13 million in discretionary accounts and $231.01 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $142.34 thousand.
Investments
The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.
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