The Retirement Corporation Of America (Cincinnati)


The Retirement Corporation Of America is a large advisory firm based in Cincinnati. It manages $467.01 million of regulatory assets for 1,810 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Georgia, and 15 other states.

The Retirement Corporation Of America provides portfolio management for individuals and small businesses 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 also engages as annuities.

The Retirement Corporation Of America: assets under management

The assets under management (AUM) of The Retirement Corporation Of America is $467.01 million. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $455.57 million in discretionary accounts and $11.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $258.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $228.7 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in exchange traded securities form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Retirement Corporation Of America for their services and products based on a percentage of assets under management 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 Susan Lynne Vogel Vanderson serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Susan Lynne Vogel Vanderson is high net worth individuals with 131 clients and $238.26 million of assets under management. Among the 9 most similar advisory firms, The Retirement Corporation Of America has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $467.01 million for 830 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.

The Retirement Corporation Of America doesn't advise any private funds.

Careers at The Retirement Corporation Of America

The company employs 15 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 5 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Susan Lynne Vogel Vanderson has been acting as President since 1 Apr 2017. Lionel Olivier Bey has served as the Chief Investment Officer since 1 Feb 2018 and Daniel Corcoran Kiley is the Chief Executive Officer of The Retirement Corporation Of America family office. Michael Francis Kennedy joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Daniel Corcoran Kiley Chief executive officer 1 Oct 1988 50% - 75% 1187088
Robin O. Kiley As Trustee For The Kiley Family Special 2007 Trust Trustee 1 Dec 2007 25% - 50% 26-6110331
Robin Kiley Vice-president 1 May 2011 Other 4875111
Christopher Fleming Kiley Vice-president 1 May 2011 Other 4409785
Elizabeth Anne Schlehr Chief operating officer 1 Jan 2014 Other 6781980
Kevin Sean Woodard Chief compliance officer 1 Feb 2014 Other 2523425
An Ohio Banking Corporation Fifth Third Bank Shareholder 1 Apr 2017 75% - 100% 31-0676865
Susan Lynne Vogel Vanderson Director 1 Apr 2017 Other 6470566
Jonathan William Reynolds Director 1 Apr 2017 Other 6782750
Michael Louis Butera Director 1 Apr 2017 Other 6783117
Christopher James Bell Director 1 Apr 2017 Other 4660625
Robert Michael Moeddel Director 1 Apr 2017 Other 6470556
Lori Michelle Frischer Director 1 Apr 2017 Other 3073031
Michael Butera Director 1 Apr 2017 Other 6783117
Philip Raymond Mchugh Director 1 Apr 2017 Other 3143775
Diane Jean Hulls Chief compliance officer 1 Jun 2017 Other 4379452
Ralph Seefred Michael Director 1 Aug 2017 Other 1639667
Michael Timothy Collins Director, president--retirement corporation of america 1 Oct 2017 Other 2333123
Howard Hammond Director 1 Oct 2017 Other 2118196
Gerald Brady Coogan Director 1 Dec 2017 Other 6889762
Lionel Olivier Bey Chief investment officer 1 Feb 2018 Other 4304373
Brian Daryl Lamb Director 1 Mar 2018 Other 6918171
Michael Francis Kennedy Director 1 Aug 2018 Other 2980069

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robin Kiley Robin kiley trustee 1 Nov 2007 25% - 50% 4875111
Fifth Third Financial Corporation Shareholder 1 Apr 2017 75% - 100% 31-1755886
Fifth Third Bancorp Shareholder 1 Apr 2017 75% - 100% 31-0854434

Based in Cincinnati

The principal office where The Retirement Corporation Of America performs its advisory services is located at 10300 Alliance Road, Cincinnati, OH 45242 4770, 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 513-769-4040 or by fax 513-769-4049. The normal business hours are 8:15 am to 5:15 pm on Monday - Friday. You can find more information about the New York firm at moneymasters.com.