Rsm Us Wealth Management LLC is a large advisory firm based in Minneapolis. It manages $5.82 billion of regulatory assets for 12,521 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Rsm Us Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and advisory services including investment review and reporting of non-managed assets and retirement plan services to plans. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Rsm Us Wealth Management LLC is $5.82 billion. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Rsm Us Wealth Management LLC 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.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Rsm Us Wealth Management is high net worth individuals with 1,859 clients and $5.08 billion of assets under management. Among the 9 most similar advisory firms, Rsm Us Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $5.82 billion for 3,717 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.
Rsm Us Wealth Management doesn't advise any private funds.
The company employs 125 people that are either part- or full-time employees. 74 percent of the employees work as investment advisers or researchers. 93 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Keith Martin Lamoutte has served as the Chief Investment Officer since 1 Jun 2019. Gregory Scott Dowler joined the executive team most recently as the Chief Operating Officer.
The principal office where Rsm Us Wealth Management LLC performs its advisory services is located at 801 Nicollet Mall, Minneapolis, MN 55402 2526, which is also the mailing address of the firm. An additional office of the firm is in Davenport, IA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 612-332-4300 or by fax 612-395-7400. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at rsmus.com/what-we-do/services/wealth-management.html.