Runnymede Capital Management Inc (Morristown)


Runnymede Capital Management Inc is a large advisory firm based in Morristown. It manages $90.44 million of regulatory assets for 78 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of New Hampshire, New Jersey, New York, and Texas.

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

Runnymede Capital Management: assets under management

The assets under management (AUM) of Runnymede Capital Management Inc is $90.44 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and $2.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $90.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.16 million each.
Runnymede Capital Management has custody of $2.45 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 35% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 31% of the firm’s portfolio. Investments in exchange traded securities form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Runnymede Capital Management Inc for their services and products based on a percentage of assets under management, hourly charges, 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 Samson Wang serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Samson Wang is high net worth individuals with 32 clients and $50.03 million of assets under management. Among the 10 most similar advisory firms, Runnymede Capital Management has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $61.3 million for 70 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Runnymede Capital Management doesn't advise any private funds.

Careers at Runnymede Capital Management Inc

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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 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.

Samson Wang has been acting as President since 1 Jan 1993. Andrew Kuang Hung Wang joined the executive team most recently as the Chief Compliance Officer, Senior Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Samson Wang President 1 Jan 1993 50% - 75% 1647494
Sally Moore Chief compliance officer 1 Sep 2004 Other 5029271
Samson Wang Chief compliance officer 1 Sep 2005 75% - 100% 1647494
Andrew Kuang Hung Wang Chief compliance officer 1 Jan 2007 Other 5177989
Andrew Kuang Hung Wang Chief compliance officer, senior vice president 1 Aug 2007 Other 5177989
Christopher Kuang Hua Wang Senior vice-president 1 Aug 2007 Other 5234477

Based in Morristown

The principal office where Runnymede Capital Management Inc performs its advisory services is located at 10 Wilrich Glen Road, Morristown, NJ 07960 The mailing address of the firm is P.O. Box 359, Mendham, NJ 07945 0359. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-267-6886 or by fax 973-267-5525. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at runnymede.com.