Rh Advisors, LLC (Farmington)

Rh Advisors, LLC is a large advisory firm based in Farmington. It manages $114.92 million of regulatory assets for 819 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Texas and Utah.

Rh Advisors provides financial planning services, portfolio management for individuals and small businesses, and robo advisory services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rh Advisors: assets under management

The assets under management (AUM) of Rh Advisors, LLC is $114.92 million. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $93.22 million in discretionary accounts and $21.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.97 million.

Investments

The firm invests in investment and business development companies the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rh Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Rh Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Rh Advisors is individuals with 300 clients and $54.47 million of assets under management. Among the 10 most similar advisory firms, Rh Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $114.92 million for 327 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.

Rh Advisors doesn't advise any private funds.

Careers at Rh Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kyle David Wilhelm	Chief compliance officer	1 Apr 2015	Other	6066686
Robert Paul Aamodt	Managing member	1 Jan 2018	75% - 100%	3037835

Based in Farmington

The principal office where Rh Advisors, LLC performs its advisory services is located at 630 N Main Street, Farmington, UT 84025, 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 (801) 447-4200 or by fax (801)447-4201. The normal business hours are 8:00am - 5:00pm on Monday - Friday.