Real Estate Management Services Group, LLC (Naples)

Name: Real Estate Management Services Group, LLC
Address: 1100 Fifth Avenue South, Suite 305, Naples, FL, 34102 6407
Telephone: 239-262-3017

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.