Retirement Wealth Advisors, Inc. is a large advisory firm based in Grand Rapids. It manages $1.96 billion of regulatory assets for 16,510 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Retirement Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 4,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Retirement Wealth Advisors, Inc. is $1.96 billion. The firm's AUM has grown by 6464% since the beginning of its operation, and $9.19 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Retirement Wealth Advisors, Inc. 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.
The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jason Robert Wenk is individuals with 16,315 clients and $1.72 billion of assets under management. Among the 5 most similar advisory firms, Retirement Wealth Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.96 billion for 16,510 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.
Retirement Wealth Advisors doesn't advise any private funds.
The company employs 189 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 189 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.
Jason Robert Wenk has been acting as President since 1 Sep 2005. Robert Michael Lester joined the executive team most recently as the Shareholder.
The principal office where Retirement Wealth Advisors, Inc. performs its advisory services is located at 89 Ionia Ave Nw, Grand Rapids, MI 49503, which is also the mailing address of the firm. An additional office of the firm is in Prescott, AZ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 616-667-2150 or by fax 616-667-2218. The normal business hours are 8:30 am - 5:00 pm on Other. You can find more information about the New York firm at retirementwealthadvisors.com.