Rightwealth Advisors, LLC (Miamisburg)

Name: Rightwealth Advisors, LLC
Address: 10050 Innovation Drive, Suite 130, Miamisburg, OH, 45342
Telephone: 937-859-9800

Rightwealth Advisors, LLC is a large advisory firm based in Miamisburg. It manages $109.77 million of regulatory assets for 478 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

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

Rightwealth Advisors: assets under management

The assets under management (AUM) of Rightwealth Advisors, LLC is $109.77 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $109.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229.65 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rightwealth Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rightwealth Advisors 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 Rightwealth Advisors is high net worth individuals with 73 clients and $74.17 million of assets under management. Among the 7 most similar advisory firms, Rightwealth Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $109 million for 258 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.

Rightwealth Advisors doesn't advise any private funds.

Careers at Rightwealth Advisors, LLC

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 are 3 people 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
Roger Barry Chudde	Managing partner	1 Feb 2019	50% - 75%	1616542
Adam M Chudde	Managing partner	1 Feb 2019	50% - 75%	5594055
James Russell Hadaway	Chief compliance officer	1 Feb 2019	Other	3070075

Based in Miamisburg

The principal office where Rightwealth Advisors, LLC performs its advisory services is located at 10050 Innovation Drive, Suite 130, Miamisburg, OH 45342, 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 937-859-9800. The normal business hours are 8:30-5 on Monday - Friday. You can find more information about the New York firm at rightwa.com.