Rtw Financial Advisors Inc (Dallas)

Rtw Financial Advisors Inc is a large advisory firm based in Dallas. It manages $278.26 million of regulatory assets for 115 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

Rtw Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rtw Financial Advisors: assets under management

The assets under management (AUM) of Rtw Financial Advisors Inc is $278.26 million. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $235.07 million in discretionary accounts and $43.19 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.16 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.2 million.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is state and local bonds, which make up 30% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rtw Financial Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Morris Christopher Williams serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Morris Christopher Williams is individuals with 72 clients and $169.82 million of assets under management. Among the 8 most similar advisory firms, Rtw Financial Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $278.26 million for 115 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.

Rtw Financial Advisors doesn't advise any private funds.

Careers at Rtw Financial Advisors Inc

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 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.

Morris Christopher Williams has been acting as President since 1 Jan 1991. Peter Howard Roe joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Howard Roe	Vice president	1 Jan 1991	25% - 50%	1013354
Morris C. "Kit" Williams	President, chief compliance officer	1 Jan 1991	25% - 50%	1054320
Morris Christopher Williams	President	1 Jan 1991	25% - 50%	1054320

Based in Dallas

The principal office where Rtw Financial Advisors Inc performs its advisory services is located at 14114 Dallas Parkway, Dallas, TX 75254, 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 972-960-1212 or by fax 972-960-1211. The normal business hours are 8am to 5pm on Monday - Friday.