Royal Capital Wealth Management LLC (Carmel)

Royal Capital Wealth Management LLC is a large advisory firm based in Carmel. It manages $107.96 million of regulatory assets for 212 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Indiana.

Royal Capital Wealth Management provides 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.

Royal Capital Wealth Management: assets under management

The assets under management (AUM) of Royal Capital Wealth Management LLC is $107.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $509.27 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 19% of the firm’s portfolio. Investments in investment and business development companies form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Royal Capital Wealth Management LLC for their services and products based on a percentage of assets under management. 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 Royal Capital Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Royal Capital Wealth Management is high net worth individuals with 22 clients and $76.32 million of assets under management. Among the 5 most similar advisory firms, Royal Capital Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $107.55 million for 43 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.

Royal Capital Wealth Management doesn't advise any private funds.

Careers at Royal Capital Wealth Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Thomas Lee Johnson	Managing member, chief compliance officer	1 Jan 2018	50% - 75%	1215434
Andrew Jay Johnson	Managing member	1 Jan 2018	50% - 75%	837948

Based in Carmel

The principal office where Royal Capital Wealth Management LLC performs its advisory services is located at 4000 W. 106 Th Street, Carmel, IN 46032, 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 866-729-6552. The normal business hours are 9 am - 5 pm on Monday - Friday.