Reliance Wealth & Trust Partners, LLC (Tampa)

Reliance Wealth & Trust Partners, LLC is an adviser based in Tampa. It manages $17.05 million of regulatory assets for 106 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Florida.

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

Reliance Wealth & Trust Partners: assets under management

The assets under management (AUM) of Reliance Wealth & Trust Partners, LLC is $17.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -35% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $160.85 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reliance Wealth & Trust Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Reliance Wealth & Trust Partners, LLC

Reliance Wealth & Trust Partners, LLC is owned by Rudrapatna Govindaraju. Bhavesh Dinubhai Patel joined the executive team most recently as the Managing Member/ Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bhavesh Dinubhai Patel	Managing member/ chief compliance officer	1 Feb 2009	50% - 75%	4484462
Rudrapatna Govindaraju	Owner	1 Feb 2009	25% - 50%	2810803
Amol Nirgudkar	Owner	1 Feb 2009	25% - 50%	5645182

Based in Tampa

The principal office where Reliance Wealth & Trust Partners, LLC performs its advisory services is located at 13940 North Dale Mabry Highway, Tampa, FL 33618, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.