Rf&L Wealth Management, LLC (Acton)

Name: Rf&L Wealth Management, LLC
Address: 525 Massachusetts Aveune, Acton, MA, 01720
Telephone: 978-263-3435

Rf&L Wealth Management, LLC is a large advisory firm based in Acton. It manages $149.14 million of regulatory assets for 283 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Florida, Illinois, and 4 other states.

Rf&L Wealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rf&L Wealth Management: assets under management

The assets under management (AUM) of Rf&L Wealth Management, LLC is $149.14 million. The firm's AUM has grown by 58% since the beginning of its operation, and $629.52 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $131.25 million in discretionary accounts and $17.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $508.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $715.71 thousand.

Rf&L Wealth Management has custody of $42.73 million in cash and securities for 43 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 77% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rf&L 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 Rf&L 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 Rf&L Wealth Management is high net worth individuals with 39 clients and $112.46 million of assets under management. Among the 9 most similar advisory firms, Rf&L Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $149.14 million for 104 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Rf&L Wealth Management doesn't advise any private funds.

Careers at Rf&L Wealth Management, 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 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
Rodney William Hass	Member & chief compliance officer	1 Feb 2006	75% - 100%	4754157
F. Neil Doherty	Member	1 Feb 2006	Other	3213216
Harry Joseph Giblin	Member	1 Feb 2006	Other	4754159
David Inns Hall	Member	1 Feb 2006	Other	4754136
Michael Joseph Taylor	Member, chief compliance officer	1 Feb 2006	Other	4766141
Thomas George Zellen	Member	1 Feb 2006	Other	4754138
Andrew Walpert Hass	Member	1 Feb 2017	Other	6597191
Ryan Walpert Hass	Member	1 Feb 2017	Other	6616911
Andrew W Hass	Member	1 Feb 2017	Other	6597191

Based in Acton

The principal office where Rf&L Wealth Management, LLC performs its advisory services is located at 525 Massachusetts Aveune, Acton, MA 01720, which is also the mailing address of the firm. An additional office of the firm is in Long Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 978-263-3435. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at rflwm.com.