Roanoke Asset Management Corp

Roanoke Asset Management Corp., established in 1978 and based in New Jersey, manages $362,392,748 in assets on a discretionary basis as of 12/31/2024. The firm offers Investment Supervisory Services and Individual Portfolio Management, tailoring investment strategies to client needs and managing portfolios based on individual circumstances. Fees for Investment Supervisory Services are charged as a percentage of assets under management, ranging from 1.00% to 0.50%. Roanoke acts as a fiduciary, putting clients' interests first, and does not charge performance-based fees or engage in side-by-side management. The firm uses fundamental analysis and mutual fund/ETF analysis to formulate investment advice. Investment strategies include long-term purchases, short-term purchases, trading, and option transactions. Roanoke has no reportable disciplinary events and does not engage in other financial industry activities. The firm has a Code of Ethics ensuring high ethical standards and client-focused conduct. Clients have the option of discretionary asset management, with Roanoke having the authority to make investment decisions without prior client approval. The firm votes proxies for client accounts but allows clients to vote proxies themselves. Quarterly reviews of accounts are conducted, and clients receive quarterly reports summarizing performance, balances, and holdings. Roanoke does not engage solicitors for client referrals and does not accept compensation from non-clients. The firm maintains custody of client accounts and provides detailed account statements to clients. Clients can request information on how proxies were voted and Roanoke's proxy voting policies. The firm's financial information is sound, with no financial circumstances likely to impair meeting contractual obligations. The brochure supplement provides educational, background, and business experience information for Edwin G. Vroom and Adele S. Weisman, the key individuals at Roanoke.