Rmw Advisors, LLC (Houston)

Name: Rmw Advisors, LLC
Address: 1200 Smith St, Houston, TX, 77002
Telephone: 281-580-2100

Rmw Advisors, LLC is a large advisory firm based in Houston. It manages $100.81 million of regulatory assets for 296 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida and Texas.

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

Rmw Advisors: assets under management

The assets under management (AUM) of Rmw Advisors, LLC is $100.81 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $100.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.59 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is derivatives, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rmw Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Rmw Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rmw Advisors is individuals with 270 clients and $50.49 million of assets under management. Among the 7 most similar advisory firms, Rmw Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $95.94 million for 295 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.

Rmw Advisors doesn't advise any private funds.

Careers at Rmw Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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
Jr. Robert M. Wyrick	Managing member/chief compliance officer	1 Nov 2011	75% - 100%	1219995

Based in Houston

The principal office where Rmw Advisors, LLC performs its advisory services is located at 1200 Smith St, Houston, TX 77002, 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 281-580-2100 or by fax 281-580-2102. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at postoakprivatewealth.com.