Renn Capital Group, Inc. (Dallas)

Name: Renn Capital Group, Inc.
Address: 11520 N. Central Expressway, Dallas, TX, 75243
Telephone: 214-891-8294

Renn Capital Group, Inc. is an investment adviser to an investment company based in Dallas. It manages $7.14 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005.

Renn Capital Group provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Renn Capital Group: assets under management

The assets under management (AUM) of Renn Capital Group, Inc. is $7.14 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.14 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Renn Capital Group, Inc. for their services and products based on a percentage of assets under management and performance-based fees. 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.

Careers at Renn Capital Group, Inc.

Russell Cleveland has been acting as President since 1 Jan 1971. Lynne Marie Simon joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Russell Cleveland	President, sole director	1 Jan 1971	Other	2139482
Russell Cleveland	President/ceo/director	1 Jan 1971	Other	4362845
Barbara Ann Butschek	Senior vice president	1 May 1977	Other	2116904
Robert C. Pearson	Senior vice president	1 Apr 1997	Other	4362954
Cleveland Family Limited Partnership	Partnership-ongoing	1 Mar 1999	75% - 100%	75-2355206
Michelle Kristin King Sparks	Compliance officer	1 Jan 2004	Other	4767950
Michelle Kristin King Sparks	Chief compliance officer	1 Oct 2004	Other	4767950
Scott Engelhardt Douglass	Vice president	1 Nov 2004	Other	2599638
Zed Eric Stephens	Vice president	1 Jan 2006	Other	5109121
Beverly Kaye Mitchell	Chief compliance officer	1 May 2007	Other	5513644
Rene Mueller Jones	Chief compliance officer	1 May 2009	Other	1918725
Kevin W Mcaleer	Contract financial consultant	1 Dec 2012	Other	2116904
Lynne Marie Simon	Chief compliance officer	1 Sep 2013	Other	2623880

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
George Russell Cleveland	Limited partner & control person-cleveland family limited partnership	1 Mar 1999	75% - 100%	2139482
Russell Cleveland	Limited partner & control person-cleveland family limited partnership	1 Mar 1999	75% - 100%	4362845

Based in Dallas

The principal office where Renn Capital Group, Inc. performs its advisory services is located at 11520 N. Central Expressway, Dallas, TX 75243, 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 214-891-8294 or by fax 214-891-8291. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at rencapital.com.