American Retirement Planners Ii, Inc. (Reno)

Name: American Retirement Planners Ii, Inc.
Address: 570 Hammill Lane, Reno, NV, 89511
Telephone: (775) 332-7000

American Retirement Planners Ii, Inc. is a large advisory firm based in Reno. It manages $365.52 million of regulatory assets for 550 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

American Retirement Planners Ii 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.

American Retirement Planners Ii: assets under management

The assets under management (AUM) of American Retirement Planners Ii, Inc. is $365.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 142% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $365.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $664.59 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 42% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay American Retirement Planners Ii, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients American Retirement Planners Ii serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of American Retirement Planners Ii is high net worth individuals with 71 clients and $215.37 million of assets under management. Among the 9 most similar advisory firms, American Retirement Planners Ii has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $363.29 million for 550 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.

American Retirement Planners Ii doesn't advise any private funds.

Careers at American Retirement Planners Ii, Inc.

The company employs 9 people that are either part- or full-time employees. 56 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laif Erik Meidell	President, chief compliance officer	1 Jan 2008	75% - 100%	2627107
Patricia Faye Meidell	Chairman of the board	1 Jan 2008	Other	331254
Heidi Ann Foster	Wealth advisor and investment manager	1 Dec 2015	Other	4739930

Based in Reno

The principal office where American Retirement Planners Ii, Inc. performs its advisory services is located at 570 Hammill Lane, Reno, NV 89511, 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 (775) 332-7000 or by fax (775) 332-7010. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at financialhealth.com.