Sage, Rutty & Co., Inc. (Rochester)


Sage, Rutty & Co., Inc. is a large advisory firm based in Rochester. It manages $1.09 billion of regulatory assets for 4,225 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Sage, Rutty & Co. provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sage, Rutty & Co.: assets under management

The assets under management (AUM) of Sage, Rutty & Co., Inc. is $1.09 billion. The firm's AUM has grown by 865% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $40.78 million in discretionary accounts and $1.05 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $306.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $255.65 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in non-exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sage, Rutty & Co., Inc. for their services and products based on a percentage of assets under management, hourly charges, 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 Peter Clark Bourne serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Peter Clark Bourne is individuals with 3,483 clients and $878.49 million of assets under management. Among the 13 most similar advisory firms, Sage, Rutty & Co. has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.09 billion for 4,225 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.

Sage, Rutty & Co. doesn't advise any private funds.

Careers at Sage, Rutty & Co., Inc.

The company employs 25 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 25 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.

Peter Clark Bourne has been acting as President since 1 Jan 1998. Robert Lawrence Lohwater joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Foster Holly Chairman, director 1 Mar 1955 50% - 75% 248865
William Esli Easton Director 1 Jan 1974 Other 1479209
John R Riedman Director 1 Oct 1977 Other 1479219
Wayne Foster Holly Chairman(4-20-04), president, director, ceo, shareholder 1 Jan 1980 25% - 50% 1019229
Canandaigua National Bank Shareholder 1 Jan 1985 Other 16-0373410
Sebastian Anthony Dipasquale Shareholder 1 Feb 1987 Other xxx-xx-xxxx
James Henry Mcbride Vice president, admin, compliance 1 May 1988 Other 1319851
Fred Edward Strauss Director 1 Apr 1990 Other 2057867
Hazel Elizabeth Fyfe Shareholder 1 Oct 1993 Other 2451960
Judy Hulbert Holly Shareholder 1 Jan 1994 Other xxx-xx-xxxx
Judy Holly Shareholder 1 Jan 1994 Other xxx-xx-xxxx
James Paul Burke Secretary, vice president, shareholder 1 Oct 1996 Other 2226672
Robert John Falvey Vice president 1 Oct 1996 Other 1926374
Peter Clark Bourne Director 1 Jan 1998 Other xxx-xx-xxxx
Audrey Weller Holly Shareholder 1 Oct 1999 Other xxx-xx-xxxx
Audrey Holly Shareholder 1 Oct 1999 25% - 50% xxx-xx-xxxx
Audrey W Holly Shareholder 1 Oct 1999 Other xxx-xx-xxxx
Anne Clair Catillaz Vice president of operations, corporate vice president 1 May 2000 Other 1793300
Renee Marie Rombaut Chief compliance officer 1 Mar 2001 Other 2551675
Renee Marie Rombaut O'keefe Chief compliance officer, compliance registered options principal 1 Mar 2001 Other 2551675
Alan Roy Shareholder 1 Jan 2003 Other xxx-xx-xxxx
Curt Allen Ehrlich Senior vice president, financial advisor, shareholder 1 Apr 2003 Other 4659166
Sandra Jean Wehner Financial consultant, corporate vice president, shareholder 1 Mar 2005 Other 1472675
Robert John Falvey Municipal principal/shareholder 1 Mar 2005 Other 1926374
Susan Holly Roy Shareholder 1 Jan 2006 Other xxx-xx-xxxx
Linda Holly Nash Shareholder 1 Jan 2006 Other xxx-xx-xxxx
Robert John Falvey Shareholder (10/1996), director 1 Jun 2006 Other 1926374
Douglas Evans Iii Parker Director, shareholder 1 Jun 2006 Other 1772713
Douglas E Iii Parker Director 1 Jun 2006 Other 1772713
Gary Eugene Stirk Chief compliance officer 1 Jun 2006 Other 2330949
Terri Fogarty Rumans Compliance manager 1 Feb 2007 Other 2574833
Jeffrey Charles Jones Director 1 May 2007 Other xxx-xx-xxxx
Jeffrey Jones Director 1 May 2007 Other xxx-xx-xxxx
Terri Fogarty Rumans Chief compliance officer 1 Jun 2007 Other 2574833
Mark Nash Shareholder 1 Dec 2008 Other xxx-xx-xxxx
Terri Fogarty Rumans Chief compliance officer, rosfp 1 Jan 2009 Other 2574833
Justin Dean Stevens Vice president, financial advisor, shareholder 1 Feb 2009 Other 5544125
Ralph Joseph Dandrea Director 1 Mar 2009 Other xxx-xx-xxxx
Winsome Pamela Carter Vice president, financial adviser, shareholder 1 Mar 2009 Other 2347219
Peter Shaw O'keefe Senior vice president, financial advisor, shareholder 1 Apr 2009 Other 1021195
Matthew James Lacey Controller,treasurer, finop 1 May 2009 Other 5299622
Matthew J Lacey Controller, finop 1 May 2009 Other 5299622
Linda Holly Nash Shareholder 1 Dec 2009 Other xxx-xx-xxxx
Kim Lisbeth Nugent Vice president, financial advisor, shareholder 1 Jul 2010 Other 4759283
Kim L Nugent Vice president, financial advisor, shareholder 1 Jul 2010 Other 4759283
Robert Lawrence Lohwater Chief compliance officer 1 Mar 2014 Other 1232267

Based in Rochester

The principal office where Sage, Rutty & Co., Inc. performs its advisory services is located at 100 Corporate Woods, Rochester, NY 14623, 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 585-232-3760 or by fax 866-902-0273. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at sagerutty.com/.

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