The Renaissance Group LLC (Covington)

Name: The Renaissance Group LLC
Address: 50 E. Rivercenter Blvd., Covington, KY, 41011
Telephone: 513-723-4500

The Renaissance Group LLC is a large advisory firm based in Covington. It manages $3.11 billion of regulatory assets for 1,087 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

The Renaissance 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.

The Renaissance Group: assets under management

The assets under management (AUM) of The Renaissance Group LLC is $3.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 180% since the beginning of its operation, and $43.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.86 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is investment and business development companies, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Renaissance Group LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Renaissance Group serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of The Renaissance Group is investment companies with 2 clients and $956.98 million of assets under management. Among the 9 most similar advisory firms, The Renaissance Group has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.48 billion for 275 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

The Renaissance Group doesn't advise any private funds.

Careers at The Renaissance Group LLC

The company employs 22 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Schroer Financial Management	Llc member	1 Nov 1995	Other	31-1443106
Paul Anthony Radomski	Managing partner/executive committee member/llc member	1 Nov 1995	Other	2531808
Michael Edward Schroer	Managing partner/executive committee member/cio	1 Nov 1995	Other	1777544
Inc. Affiliated Managers Group	Llc member	1 Nov 1995	75% - 100%	04-3218510
Inc. Descartes	Llc member	1 Nov 1995	Other	31-1402263
Paul Radomski	Managing partner/executive committee member/llc member	1 Nov 1995	Other	2531808
Michael Schroer	Managing partner/executive committee member/ cio, renaissance investment management	1 Nov 1995	Other	1777544
Kathleen Ann Wayner	Managing partner/executive committee member/llc member	1 Jun 2001	Other	1468067
John Bowling	Managing partner/executive committee member/llc member/ceo & president, bowling portfolio management	1 Jun 2001	Other	2429937
Darren Kavesh	Managing partner/llc member/ cio, bowling portfolio management	1 Jun 2001	Other	2975559
Nathaniel Dalton	Executive comittee member	1 Jun 2001	Other	4421925
Darren Charles Kavesh	Managing partner/llc member/ cio, bowling portfolio management	1 Jun 2001	Other	2975559
John Bowling	Managing partner/executive committee member/llc member/chairman, bowling portfolio management	1 Oct 2002	Other	2429937
Kathleen Ann Wayner	Managing partner/executive committee member/llc member/president, bowling portfolio management	1 Oct 2002	Other	1468067
John Courtenay Bowling	Managing partner/executive committee member/llc member/chairman, bowling portfolio management	1 Oct 2002	Other	2429937
Mary Caroline Meiners	Partner/llc member	1 Jul 2003	Other	5018498
Joe Gerard Bruening	Senior partner/llc member	1 Jul 2003	Other	1993083
Sudhir Sreedhara Warrier	Chief operations officer/senior partner/llc member	1 Jul 2003	Other	5018586
Jeffrey S Murphy	Executive committee member bowling & renaissance	1 Jul 2003	Other	1538053
Jeffrey Scott Murphy	Executive committee member bowling & renaissance	1 Jul 2003	Other	1538053
Sadhir Sreedhara Warrior	Partner & coo	1 Jul 2003	Other	5018586
Marilyn Rose Berkemeyer	Chief compliance officer	1 Sep 2004	Other	1308339
Kevin Jason Patton	Chief compliance officer/partner/llc member	1 Aug 2005	Other	4631357
John Eric Strange	Partner/llc member	1 Jan 2010	Other	2823350
Amg Renaissance Holdings Llc	Manager member	1 Jan 2011	75% - 100%	04-3218510
Carey Falda Kruer	Partner/llc member	1 Jul 2013	Other	6214901
Andrew Michael Temming	Partner/llc member	1 Jul 2013	Other	4672436
Eric Michael Aber	Partner/llc member	1 Dec 2014	Other	6428654

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Affiliated Managers Group	Sole member and manager	1 Jan 2011	75% - 100%	04-3218510

Based in Covington

The principal office where The Renaissance Group LLC performs its advisory services is located at 50 E. Rivercenter Blvd., Covington, KY 41011, 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 513-723-4500 or by fax 513-723-4512. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at reninv.com.