R3 Returns, LLC (Boulder)

Name: R3 Returns, LLC
Address: 2336 Pearl Street, Boulder, CO, 80302
Telephone: 303-444-0283

R3 Returns, LLC is a large advisory firm based in Boulder. It manages $132.63 million of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Colorado.

R3 Returns provides portfolio management for individuals and small businesses 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.

R3 Returns: assets under management

The assets under management (AUM) of R3 Returns, LLC is $132.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2731% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $132.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.79 million each.

Investments

The firm invests in state and local bonds the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay R3 Returns, LLC for their services and products based on a percentage of assets under management 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 R3 Returns serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of R3 Returns is high net worth individuals with 57 clients and $128.66 million of assets under management. Among the 9 most similar advisory firms, R3 Returns has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $132.63 million for 74 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.

R3 Returns doesn't advise any private funds.

Careers at R3 Returns, LLC

The company employs 3 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Curran Wolf	Chief compliance officer, member of bsw wealth partners (100% owner of r3 returns)	1 Mar 2012	25% - 50%	5283794
Drew Stanford Simon	Member	1 Mar 2012	25% - 50%	4357035
Benjamin Rein Weaver	Member	1 Mar 2012	25% - 50%	2900111
Debi Cecil Baydush	Member	1 Mar 2012	Other	1122457
Bsw Wealth Partners	Owner	1 Jan 2015	75% - 100%	107485

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Debi Cecil Baydush	Officer	1 Jan 1994	Other	1122457
Drew Stanford Simon	Officer	1 Jan 1994	25% - 50%	4357035
Benjamin Rein Weaver	Officer	1 Jan 2000	25% - 50%	2900111
David Curran Wolf	Officer	1 Jan 2007	25% - 50%	5283794
Raliegh Darin Riddoch	Officer	1 Jan 2014	Other	3066175
Matthew Vernon Samek	Officer	1 Jan 2016	Other	5407687
Timothy Raymond Wojtalik	Officer	1 Jan 2016	Other	5148474

Based in Boulder

The principal office where R3 Returns, LLC performs its advisory services is located at 2336 Pearl Street, Boulder, CO 80302, 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 303-444-0283 or by fax 303-444-8585. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at r3returns.com.