Rubinbrown Advisors LLC (St. Louis)


Rubinbrown Advisors LLC is a large advisory firm based in St. Louis. It manages $1.26 billion of regulatory assets for 2,377 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Colorado, Illinois, and 5 other states.

Rubinbrown Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rubinbrown Advisors: assets under management

The assets under management (AUM) of Rubinbrown Advisors LLC is $1.26 billion. $3.06 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is other assets, which make up 28% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rubinbrown Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rubinbrown Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Rubinbrown Advisors is high net worth individuals with 300 clients and $1.18 billion of assets under management. Among the 7 most similar advisory firms, Rubinbrown Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.26 billion for 461 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.

Rubinbrown Advisors doesn't advise any private funds.

Careers at Rubinbrown Advisors LLC

The company employs 21 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Rubinbrown Llp Owner 1 Aug 1996 75% - 100% 43-0765316
Donald Lee Esstman Managing member & chief compliance officer 1 Jul 2000 Other 2954191
Deborah Lynn Maret Chief compliance officer 1 Jan 2018 Other 2548059
Thomas David Tesar Managing director 1 Jan 2018 Other 4201795

Based in St. Louis

The principal office where Rubinbrown Advisors LLC performs its advisory services is located at One North Brentwood, St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-290-3300 or by fax 314-290-3400. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at rubinbrownadvisors.com.