Redican Asset Management (Tarrytown)

Name: Redican Asset Management
Address: 303. South Broadway Suite 486, Tarrytown, NY, 10591
Telephone: 914-372-3240

Redican Asset Management is a large advisory firm based in Tarrytown. It manages $80.86 million of regulatory assets for 233 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 18 other states.

Redican Asset Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Redican Asset Management: assets under management

The assets under management (AUM) of Redican Asset Management is $80.86 million. The firm's AUM has gone down by -25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $62.58 million in discretionary accounts and $18.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $272.08 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.09 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Redican Asset Management for their services and products based on a percentage of assets under management and fixed 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 Redican Asset Management

Francis Warren Redican has been acting as President since 1 Oct 2001. Lawrence Michael Waterhouse joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Francis Warren Redican	President	1 Oct 2001	75% - 100%	372313
Lawrence Michael Waterhouse	Vice president	1 Apr 2002	Other	2092303

Based in Tarrytown

The principal office where Redican Asset Management performs its advisory services is located at 303. South Broadway Suite 486, Tarrytown, NY 10591, 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 914-372-3240 or by fax 914-372-3027. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.redicanassetmanagement.com.