Rmr Wealth Advisors LLC (Madison)

Name: Rmr Wealth Advisors LLC
Address: 400 Interlake Drive, Madison, WI, 53716 3808
Telephone: 608-663-7676

Rmr Wealth Advisors LLC is a large advisory firm based in Madison. It manages $240.03 million of regulatory assets for 156 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Illinois, Minnesota, Texas, and Wisconsin.

Rmr Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rmr Wealth Advisors: assets under management

The assets under management (AUM) of Rmr Wealth Advisors LLC is $240.03 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $240.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.54 million each.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is state and local bonds, which make up 25% of the firm’s portfolio. Investments in government bonds form 14% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Rmr Wealth Advisors is high net worth individuals with 30 clients and $206.25 million of assets under management. Among the 4 most similar advisory firms, Rmr Wealth Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $240.03 million for 156 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.

Rmr Wealth Advisors doesn't advise any private funds.

Careers at Rmr Wealth Advisors LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Based in Madison

The principal office where Rmr Wealth Advisors LLC performs its advisory services is located at 400 Interlake Drive, Madison, WI 53716 3808, which is also the mailing address of the firm. An additional office of the firm is in Milton, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 608-663-7676 or by fax 608-663-7677. The normal business hours are 8:30 a.m. - 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at rmradvisors.com.