Ronald Sorenson is a registered investment advisor at Reaves Asset Management, based in Jersey City, NJ, with 33 years of industry experience. Ronald operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 283 clients with $5.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $75.0M | 0.50% |
| $75.0M - $275.0M | 0.50% |
| $275M+ | 0.30% |
Fees are negotiable. Other strategies have different fees: Current Income Strategy - 1.250% per year; Dividend Income Strategy - 1.000% per year; Inflation Hedge Strategy - 1.000% per year.
Fee Estimator
Location
10 Exchange Place, 18th Floor, Jersey City, NJ, 07302
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Reaves Asset Management
Previous Registrations
W. H. Reaves & CO., INC.Broker
State Registrations6 states
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