Rba Wealth Management, LLC (Newport Beach)

Name: Rba Wealth Management, LLC
Address: 520 Newport Center Drive, Newport Beach, CA, 92660
Telephone: 949-945-2104

Rba Wealth Management, LLC is a large advisory firm based in Newport Beach. It manages $203.19 million of regulatory assets for 707 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Texas.

Rba Wealth Management provides financial planning services, 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.

Rba Wealth Management: assets under management

The assets under management (AUM) of Rba Wealth Management, LLC is $203.19 million. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176.25 million in discretionary accounts and $26.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $280.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $345.46 thousand.

Rba Wealth Management has custody of $193.86 million in cash and securities for 237 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is government bonds, which make up 14% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rba Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Rba Wealth Management serves?

The firm provides services to individuals, high net worth individuals, and state or municipal government entities. The largest group of clients of Rba Wealth Management is high net worth individuals with 58 clients and $148.41 million of assets under management. Among the 9 most similar advisory firms, Rba Wealth Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $203.19 million for 291 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.

Rba Wealth Management doesn't advise any private funds.

Careers at Rba Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Allen Bradley	Member and chief compliance officer	1 Nov 2017	75% - 100%	4091214

Based in Newport Beach

The principal office where Rba Wealth Management, LLC performs its advisory services is located at 520 Newport Center Drive, Newport Beach, CA 92660, 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 949-945-2104. The normal business hours are 9:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at rba-wealth.com.