Rwa Wealth Partners

CRD#156984
Investment Advisor Firm

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Learn more about Rwa Wealth Partners

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

    • Overview

    Rwa Wealth Partners is located at 85 Wells Avenue, Newton Center, MA. The firm employs 71 financial advisors to manage client portfolios and provide financial guidance. Rwa Wealth Partners is not a registered broker-dealer.

    Rwa Wealth Partners oversees $15.4 billion in assets under management across 19,495 accounts, of which 19,257 are discretionary and 238 are non-discretionary. Over the past year, the firm has provided financial planning services to 500 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and other services. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, and corporations, with retail investors being the largest client type by accounts. The fee structure at Rwa Wealth Partners includes asset-based, hourly, and other fees. The firm has 2,984 high net worth clients and maintains affiliations with a lawyer or law firm and a commodity pool advisor.

    Rwa Wealth Partners is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Assets Under Management

    $15.4 billion

    Number of Advisors

    71

    Disclosures

    No

    Office Location

    85 Wells Avenue
    Newton Center, MA 02459

    Rwa Wealth Partners by the Numbers

    Total Assets Under Management

    $15.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    189

    National Average: 64
    Total Number of Accounts

    19,495

    National Average: 375,227
    Average Account Size

    $791.1 thousand

    National Average: $23.0 thousand
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    Products and Services

    Rwa Wealth Partners offers a number of financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and other services. In the past fiscal year, Rwa Wealth Partners provided 500 of its customers with financial planning services. It is engaged in selling products or offering services other than investment advisory services to its clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    Fees for financial management largely are based on the services offered. Fees charged by Rwa Wealth Partners most likely include some combination of the following fee types: asset-based, hourly, or other.

    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 21% of firms

      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.

    • Offered by 10% of firms

      Other

      Show Explanation

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

    Unavailable

    • 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 26% of firms that offer this fee type

      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.

    • 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 32% of firms that offer this fee type

      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.

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    Types of Clients

    The company works with a broad range of investors. The firm caters to retail investors, high net worth investors, pension plans, charitable organizations, and corporations. Out of its 5 clients, Rwa Wealth Partners's largest client group by number of accounts is high net worth investors, but it also serves 2984 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 46.39%
    • Other Individuals - 51.14%
    • Corporations - 2.1%
    • Charitable Organizations - 0.37%

    * 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

    Rwa Wealth Partners does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Rwa Wealth Partners

    David Fontaine
    Newton Center, MA
    Ryan O'Shaughnessy
    Newton Center, MA
    Margery Neis
    San Rafael, CA
    David Mastroianni
    Newton Center, MA
    Andrew Busa
    Newton Center, MA
    Ryan Drews
    Troy, MI
    Cassandra Jones
    Newton Center, MA
    Blake Russell
    Boston, MA
    Michelle Knight
    Boston, MA

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