Rocky Mountain Private Wealth Management, L.L.C

CRD#127140
Investment Advisor Firm

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Learn more about Rocky Mountain Private Wealth Management, L.L.C

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors
  • Overview

    Rocky Mountain Private Wealth Management, L.L.C operates as a financial advisor company headquartered in Sugar Land, Texas. Rocky Mountain Private Wealth Management, L.L.C manages $61.6 million in assets across 14 customer accounts. The firm has a small group, including 2 financial advisors. Rocky Mountain Private Wealth Management, L.L.C does not act as a registered broker-dealer, meaning the firm cannot buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer company to do so. Securities are tradable financial investments such as bonds, equities and options.

    Rocky Mountain Private Wealth Management, L.L.C administers all of the company's accounts in a discretionary manner. Discretionary management signifies that a portfolio manager makes transaction choices without needing to seek client consent. The investment advisory firm manages about $4.4 million in assets for every customer account. The average financial advisor at Rocky Mountain Private Wealth Management, L.L.C manages around seven client accounts, placing it among the more personalized financial advisor firms in the country.

    The company's headquarters is located at Town Center, Sugar Land, Texas 77479. The firm is registered to serve investors throughout a few states, including Delaware and Texas.

    Assets Under Management

    $61.6 million

    Number of Advisors

    2

    Disclosures

    No

    Office Location

    Town Center
    Sugar Land, TX 77479

    Rocky Mountain Private Wealth Management, L.L.C by the Numbers

    Total Assets Under Management

    $61.6 million

    National Average: $8.6 billion
    Total Number of Employees

    5

    National Average: 64
    Total Number of Accounts

    14

    National Average: 375,227
    Average Account Size

    $4.4 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees depend on which services the firm provides the client. However, fees billed by the firm likely consist of any blend of the following fee types: asset-based, fixed or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Rocky Mountain Private Wealth Management, L.L.C.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company works with investment companies, pooled investment vehicles and pension plans. Out of its 14 customers, Rocky Mountain Private Wealth Management, L.L.C's biggest client is pooled investment vehicles. None of its accounts are from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Rocky Mountain Private Wealth Management, L.L.C does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Rocky Mountain Private Wealth Management, L.L.C

    Steven Brown
    Sugar Land, TX
    Gabriel Gallegos
    Sugar Land, TX

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