Regatta Research & Money Management L.L.C. (Metairie)

Name: Regatta Research & Money Management L.L.C.
Address: 6620 Riverside Drive, Metairie, LA, 70003
Telephone: 504-831-4636

Regatta Research & Money Management L.L.C. is a large advisory firm based in Metairie. It manages $118.74 million of regulatory assets for 1,560 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 11 other states.

Regatta Research & Money Management L.L.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm also engages as continuing education.

Regatta Research & Money Management L.L.C: assets under management

The assets under management (AUM) of Regatta Research & Money Management L.L.C. is $118.74 million. The firm's AUM has grown by 240% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $117.28 million in discretionary accounts and $1.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $75.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $291.15 thousand.

Regatta Research & Money Management L.L.C has custody of $1.98 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is investment and business development companies, which make up 26% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Regatta Research & Money Management L.L.C. for their services and products based on a percentage of assets under management. 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 Regatta Research & Money Management L.L.C serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Regatta Research & Money Management L.L.C is individuals with 528 clients and $70.35 million of assets under management. Among the 10 most similar advisory firms, Regatta Research & Money Management L.L.C has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $118.74 million for 597 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.

Regatta Research & Money Management L.L.C doesn't advise any private funds.

Careers at Regatta Research & Money Management L.L.C.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 11 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eric Arthur Greschner	Portfolio manager/compliance officer	1 Jul 1997	25% - 50%	2681554
George Arthur Greschner	Portfolio manager	1 Jul 1997	25% - 50%	2985263
Rudy Jerome Blanchard	Portfolio manager/ chief compliance officer	1 Jan 2000	25% - 50%	2427299
Deanna Wooley Richmond	Chief compliance officer	1 Nov 2018	Other	7091379

Based in Metairie

The principal office where Regatta Research & Money Management L.L.C. performs its advisory services is located at 6620 Riverside Drive, Metairie, LA 70003 The mailing address of the firm is 17425 Jefferson Hwy, Baton Rouge, LA 70817. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 504-831-4636 or by fax 504-831-8936. The normal business hours are 9:00 am - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at regattaresearch.com and its LinkedIn profile.