Resolute Wealth Advisor, Inc. (Findlay)

Name: Resolute Wealth Advisor, Inc.
Address: 1100 East Main Cross Street, Findlay, OH, 44802
Telephone: 419-422-4400

Resolute Wealth Advisor, Inc. is a large advisory firm based in Findlay. It manages $121.49 million of regulatory assets for 543 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Ohio and Texas.

Resolute Wealth Advisor provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Resolute Wealth Advisor: assets under management

The assets under management (AUM) of Resolute Wealth Advisor, Inc. is $121.49 million. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.64 million in discretionary accounts and $46.84 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $141.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.76 million.

Resolute Wealth Advisor has custody of $16.9 million in cash and securities for 61 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Resolute Wealth Advisor, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Resolute Wealth Advisor serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Resolute Wealth Advisor is individuals with 216 clients and $91.48 million of assets under management. Among the 11 most similar advisory firms, Resolute Wealth Advisor has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $120.1 million for 244 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.

Resolute Wealth Advisor doesn't advise any private funds.

Careers at Resolute Wealth Advisor, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Jeffrey Hohman	Cco, president	1 Oct 2017	75% - 100%	2365196

Based in Findlay

The principal office where Resolute Wealth Advisor, Inc. performs its advisory services is located at 1100 East Main Cross Street, Findlay, OH 44802, 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 419-422-4400. The normal business hours are 8:30am - 5pm on Monday - Friday. You can find more information about the New York firm at resolutewealthadvisor.com and its LinkedIn profile.