Ruedi Wealth Management, Inc. (Champaign)


Ruedi Wealth Management, Inc. is a large advisory firm based in Champaign. It manages $237.11 million of regulatory assets for 844 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Illinois, Indiana, Texas, and Virginia.

Ruedi Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ruedi Wealth Management: assets under management

The assets under management (AUM) of Ruedi Wealth Management, Inc. is $237.11 million. The firm's AUM has grown by 47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $224.3 million in discretionary accounts and $12.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $267.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.56 million.

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 exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ruedi Wealth Management, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Ruedi Wealth Management serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ruedi Wealth Management is high net worth individuals with 65 clients and $141.83 million of assets under management. Among the 11 most similar advisory firms, Ruedi Wealth Management has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $237.11 million for 337 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.

Ruedi Wealth Management doesn't advise any private funds.

Careers at Ruedi Wealth Management, Inc.

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. No 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
Paul Arthur Ruedi President & ceo 1 Sep 2014 75% - 100% 1301608
Gery Joseph Sadzewicz Chief compliance officer 1 Sep 2014 Other 1090963
Laura Beth Vollrath Chief compliance officer 1 Jul 2016 Other 5714480
Daniel Paul Ruedi Shareholder 1 Jul 2017 Other 6723884
David William Ruedi Executive vice president/ shareholder 1 Jul 2017 Other 6245920
Paul Ryan Ruedi Shareholder 1 Jul 2017 Other 5978662
Kati Ruedi Repko Shareholder 1 Jul 2017 Other 6839955
Ryan Thomas Repko Chief compliance officer 1 Sep 2017 Other 6855888

Based in Champaign

The principal office where Ruedi Wealth Management, Inc. performs its advisory services is located at 2502 Galen Drive, Champaign, IL 61821, which is also the mailing address of the firm. An additional office of the firm is in Plano, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 217-356-1400 or by fax 217-356-1403. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at paulruedi.com.