Relevant Wealth Advisors, LLC (Mill Valley)


Relevant Wealth Advisors, LLC is a large advisory firm based in Mill Valley. It manages $607.3 million of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alaska, California, Illinois, and Oregon.

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

Relevant Wealth Advisors: assets under management

The assets under management (AUM) of Relevant Wealth Advisors, LLC is $607.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $607.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.41 million each.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 38% of the firm’s portfolio. Investments in other assets form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Relevant Wealth Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Relevant Wealth Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Relevant Wealth Advisors is charitable organizations with 8 clients and $495.88 million of assets under management. Among the 9 most similar advisory firms, Relevant Wealth Advisors has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $607.3 million for 82 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.

Relevant Wealth Advisors doesn't advise any private funds.

Careers at Relevant Wealth Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Bruce Jon Raabe Chief compliance officer, ceo, cfo & managing member 1 Dec 2004 75% - 100% 2268947

Based in Mill Valley

The principal office where Relevant Wealth Advisors, LLC performs its advisory services is located at 2 Belvedere Place, Mill Valley, CA 94941, 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 415-925-4000 or by fax 415-925-4004. The normal business hours are 6am - 3pm on Monday - Friday. You can find more information about the New York firm at relevantwealth.com.