Windrock Wealth Management LLC (Naperville)


Windrock Wealth Management LLC is a large advisory firm based in Naperville. It manages $158.17 million of regulatory assets for 215 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona and Illinois.

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

Windrock Wealth Management: assets under management

The assets under management (AUM) of Windrock Wealth Management LLC is $158.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $735.69 thousand each.
Windrock Wealth Management has custody of $325 thousand in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in investment and business development companies form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Windrock Wealth Management LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Brett Kristian Rentmeester serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Brett Kristian Rentmeester is high net worth individuals with 37 clients and $155.49 million of assets under management. Among the 8 most similar advisory firms, Windrock Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.17 million for 43 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.

Windrock Wealth Management also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Windrock Wealth Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Brett Kristian Rentmeester has been acting as President since 1 Sep 2012. 2008 Declaration Of Trust Of Brett K. Rentmeester Dated August 14 joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
2008 Declaration Of Trust Of Brett K. Rentmeester Dated August 14 Member 1 Sep 2012 50% - 75% xxx-xx-xxxx
Indus Holdings Llc Member 1 Sep 2012 25% - 50% 11-3766919
Brett Kristian Rentmeester President/chief compliance officer 1 Sep 2012 Other 2631078

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gurpreet Singh Jaggi Manager 1 Dec 2005 Other 6136799
Brett Kristian Rentmeester Trustee 1 Aug 2008 Other 2631078
Gurpreet And Reema 2009 Family Revocable Trust Member 1 Dec 2009 75% - 100% 45-6279962

Based in Naperville

The principal office where Windrock Wealth Management LLC performs its advisory services is located at 29 South Webster Street, Naperville, IL 60540, which is also the mailing address of the firm. An additional office of the firm is in Tucson, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-650-9593 or by fax 312-277-7118. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at windrockwealth.com/.