Radix Organization, Inc. (New York)


Radix Organization, Inc. is a large advisory firm based in New York. It manages $130.23 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

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

Radix Organization: assets under management

The assets under management (AUM) of Radix Organization, Inc. is $130.23 million. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $104.24 million in discretionary accounts and $25.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.66 million.

Investments

The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Radix Organization, Inc. 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.

What kind of clients John Joseph Kelly serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of John Joseph Kelly is high net worth individuals with 24 clients and $78.51 million of assets under management. Among the 11 most similar advisory firms, Radix Organization has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $130.23 million for 50 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.

Radix Organization doesn't advise any private funds.

Careers at Radix Organization, Inc.

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No 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.

John Joseph Kelly has been acting as President since 1 Aug 2014. Linda Schoenheimer Mccurdy joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Joseph Kelly Director/chief compliance officer 1 Aug 2014 50% - 75% 4505931
Linda Schoenheimer Mccurdy Director 1 Aug 2014 50% - 75% 2991967

Based in New York

The principal office where Radix Organization, Inc. performs its advisory services is located at 551 Fifth Avenue, New York, NY 10176, 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 212-697-9141 or by fax 212-557-4770. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.