Redwood Wealth Management, LLC is a large advisory firm based in Alpharetta. It manages $631.85 million of regulatory assets for 2,789 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, Georgia, and 9 other states.
Redwood Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 600 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Redwood Wealth Management, LLC is $631.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 914% since the beginning of its operation, and $418.05 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Redwood Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Redwood Wealth Management is high net worth individuals with 204 clients and $447.86 million of assets under management. Among the 6 most similar advisory firms, Redwood Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $631.85 million for 614 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.
Redwood Wealth Management doesn't advise any private funds.
The company employs 17 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Lane Alex Steinberger has served as the Chief Investment Officer since 1 Jul 2008. Llc Evergreen Wealth joined the executive team most recently as the Member.
The principal office where Redwood Wealth Management, LLC performs its advisory services is located at 11175 Cicero Drive, Alpharetta, GA 30022, 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 678-527-2800 or by fax 678-527-2801. The normal business hours are appointment only on Monday - Friday. You can find more information about the New York firm at redwoodwm.com and its LinkedIn profile.