RDM Capital Associates, Inc. has been a Registered Investment Adviser since
inception of the firm, July 1, 1989. The principals are:
Bruno LaRocca
Date of birth: January 11, 1942
Education: Cornell University, Bachelor of Science, Industrial and
Labor Relations, 1964
New York University, 1971, completed night graduate
studies for MBA in Finance and Economics. Unable to
complete Master’s thesis due to overseas transfer with
Bankers Trust Co., New York
Business background: RDM Capital Associates, Inc., 7/1992 to Present
President, Secretary, Director
Matthew L. LaRocca
Date of birth: April 27, 1982
Education: Cornell University, Bachelor of Science, Industrial and
Labor Relations, 2004
Villanova University, Juris Doctor, 2008
Business background: RDM Capital Associates, Inc., 10/2010 to 4/2014,
Vice President; 5/2014 to Present, Managing Director
Skadden, Arps, Slate, Meagher & Flom LLP, 6/2008 to
10/2010, Attorney
Bruno LaRocca owns 80% of Registrant. Matthew LaRocca owns 20% of
Registrant.
The services Registrant offers to clients are as follows: Registrant provides
continual advice to clients regarding the investment of funds. Investment advice and
decisions are based on the individual needs and investment objectives of each client.
Registrant employs generally a long term growth and value investment strategy.
Registrant also provides financial planning services to its clients, including budgeting,
retirement planning and advice on financial matters affecting our clients. Registrant
provides the services listed above to individuals and institutional clients. Portfolio
management service is conducted by managing separately managed accounts for each
client. Registrant typically invest the accounts in a mix of individual securities, ETFs
and/or mutual funds, depending on the needs, goals and objectives of the
client. Registrant will develop an investment plan through consultation with each client
that is intended to meet their long-term financial goals.
The registrant will also perform financial planning for clients on a limited basis,
which consists of advice on retirement and education planning, budgeting living
expenses,
and any other particular financial goal of the client. The registrant will
typically meet with client’s multiple times at the outset of the process to develop an
initial financial plan and then review and revise the financial plan on an annual or as
needed basis.
Registrant advises and manages some accounts without specific knowledge of
the individual needs of the client, but solely on the analysis of the portfolios. Registrant’s
compensation for advising such accounts is the same as stated under Item 5.
Written Acknowledgement of Fiduciary Status
When the Registrant provides investment advice to you regarding your retirement plan
account or individual retirement account, we are fiduciaries within the meaning of Title I
of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as
applicable, which are laws governing retirement accounts. The way we make money
creates some conflicts with your interests, so we operate under a special rule that requires
us to act in your best interest and not put our interest ahead of yours. Under this special
rule’s provisions, we must:
• Meet a professional standard of care when making investment
recommendations (give prudent advice);
• Never put our financial interests ahead of yours when making
recommendations (give loyal advice);
• Avoid misleading statements about conflicts of interest, fees, and
investments;
• Follow policies and procedures designed to ensure that we give advice that
is in your best interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
On occasion, at the request of a client and in conjunction with managing an
account, Registrant will consult with a client about investment matters or the securities of
a particular corporation. A client may impose restrictions on investing in certain
securities or types of securities. Registrant has no established fee for such consultation
which may be done without a fee.
Registrant does not participate in wrap fee programs.
Assets managed as of March 2024 are as follows:
Discretionary: $ 107,080,550
Non-Discretionary: $ 0.00