Paul Noot started the company in 1959. His son Alan joined his father after retiring from the Culver City California police department in 1978.
Research Service International has the ability to locate missing or unknown owners and claimants of various interests anywhere in the world. The firm works strictly on a contingency fee basis, and fees are usually one-third of the assets recovered on behalf of the found claimants.
There are various aspects to the company's Finder's Fee. First. the company actively expends time, effort, and expense, in trying to locate and identify abandoned or unclaimed assets, such as insurance policies, oil & gas interests, timber and mining claims, and missing or unknown beneficiaries to stocks, mutual funds, and other interests. Next, the company and their international associates try to identify and locate the rightful claimants. Once the found claimants are located and have agreed to the contingency fee arrangement, the recovery process begins with the employment of legal counsel at the sole expense of Research Service International. Both the firm and their legal counsel then pursue the claim regardless of their costs or expenses. This is why a one-third fee is a minimum. Research Service International has never lost a single case.
Once the funds are secured on behalf of a client, the attorney deposits the money into his Attorney/Client Trust Account which is monitored by the State Bar Association. From the trust account the attorney then issues two separate checks. One-third to Research Service International who then pays the attorney for his legal work, and the remaining two-thirds to the client. A client will never have to expend any of their own money at any time, for any reason. Most importantly, the client does not have to do anything once Mr. Noot's services are retained.
Alan Craig Noot is considered one of the best known asset recovery specialists, and he works both in the United States, Europe, Canada, and South America. In order to secure funds for his clients Mr. Noot obtains all the legal evidence necessary to have the property or funds released by the holding authority, and if it requires court intervention, Mr. Noot has qualified as an expert in court in various jurisdictions throughout the country.
