Redw Wealth Llc (Albuquerque)
Redw Wealth Llc Is a Large Advisory Firm Based in Albuquerque. It Manages $662.12 Million of Regulatory Assets for 995 Client Accounts. It Has Been Registered...
Redw Wealth LLC is a large advisory firm based in Albuquerque. It manages $662.12 million of regulatory assets for 995 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Alaska, Arizona, California, and 5 other states.
Redw Wealth provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, educational seminars and workshops, and tax preparation. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
Redw Wealth: assets under management
The assets under management (AUM) of Redw Wealth LLC is $662.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $662.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $665.45 thousand each.
Redw Wealth has custody of $19.63 million in cash and securities for 24 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.
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